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Experts say CPI may grow 1.8% in Jan

2010-02-02 17:12:43

China's consumer price index (CPI), a major gauge of inflation, may rise by 1.8 percent in January over the same month from the previous year, experts predicted. 

Ping An premium income up in 2009

2010-02-02 17:09:58

Ping An Insurance (Group) Co of China, the country's second-largest insurer, saw its life and non-life insurance premium income grew 31 percent and 44 percent in 2009, thanks to a better supporting platform and innovative services, the company's top management said today.

Chinese ambassadors reshuffle for new posts

2010-02-02 15:47:04

Four Chinese ambassadors are to take up new posts following a reshuffle, Chinanews.com.cn reported Tuesday.

Huatai Securities to sell 785m shares in IPO

2010-02-02 15:18:09

China's middle-sized brokerage Huatai Securities plans to sell up to 785 million yuan-denominated A shares, or 14 percent of its enlarged capital in an initial public offering (IPO), Shanghai Securities News reported Tuesday.

24 million adolescent Internet addicts

2010-02-02 14:53:37

Internet addiction continues to worry Chinese parents with the latest research revealing over 24 million adolescent are hooked on the web, People.com.cn reported.

23% Chinese buoy into middle class

2010-02-02 14:10:46

China's middle class is on the rise with 23 percent of the population now claiming to belong and the number continues to rise by one percent a year, according to a demographic research reported on China National Radio Tuesday.

Land king loses $29.30m deposit in Beijing

2010-02-02 11:51:15

A real estate company has lost a 200 million yuan ($29.30 million) deposit and the right to buy a piece of land after failing to pay the amount bid at auction.

Banks to loosen grip on loans

2010-02-02 11:47:45

The head offices of China's commercial banks approved to loosen the flow of credit on February 1 again after tightening it in late January, the National Business Daily (NBD) reported today.

Sabotage suspected in Sprite poisonings

2010-02-02 11:45:53

Coco Cola has ruled out mercury contamination in its manufacturing process and suspected sabotage might be behind the Sprite poisonings that hospitalized two victims, the beverage magnate said in a report Tuesday.

Beijing real estate market cools in Jan.

2010-02-02 11:23:39

Real estate market trade plummeted in January with the price of property barely changing from the previous month, as the municipal government aims to curb investment-led demand in the housing market, Economic Information Daily reported Tuesday.

60 mothers police the Internet in 'Mom Jury'

2010-02-01 19:05:20

Sixty mothers have been selected from a shortlist to join the "Mom Jury" in a bid to clean-up the Internet and safeguard children from porn, Qianlong.com reported.

New credit hits $234b in January

2010-02-01 17:46:21

New yuan-denominated loans extended by China's domestic banks in 2010 almost hit 1.6 trillion yuan ($234.36 billion) in January, catching up with the amount of the same period last year, but economists did not expect interest rate increase in the near future. The Economic Information Daily reported today.