New loans and deposits jumped in June at the nation's four biggest lenders, the Shanghai Securities Journal reported on Thursday, indicating improved liquidity in the second half of the year.
Fu Chengyu, chairman of Asia's largest petroleum refiner China Petroleum and Chemical Corp or Sinopec Group, is not some one who walks away from a challenge, but rather relishes it. The bold, often innovative, moves spearheaded by the 63-year old Fu have not only won him laurels, both at home and abroad, but also provided valuable direction for the growth of the energy industry in China.
Strategic thinking, clear vision give Fu Chengyu an edge over peers
Symantec Corp, a United States security software company, was added to the latest do-not-use list by the Chinese government because of product vulnerabilities that may lead to information leakage.
Baosteel Group Corp, the owner of China's biggest publicly traded steelmaker, will take control of Australia's Aquila Resources Ltd after the third-largest shareholder accepted its bid.
Universal Pictures is boosting its presence in the world's second-largest movie market and has appointed industry veteran Jo Yan to lead operations in China.
China's capital management services providers plan to offer vehicles so that Chinese investors can buy shares in Alibaba Group Holding Ltd's initial public offering on the New York Stock Exchange, widely seen as an opportunity for high yields.
Not all beer drinkers want to grab a cold one.
China's increasing regulatory influence over international mergers and acquisitions has helped create the hottest new commodity in its legal industry: antitrust lawyers.
The Ministry of Commerce has given conditional approval for a joint venture that plans to mass-produce nickel-metal hybrid batteries for electric vehicles.
China's top coal-producing region Inner Mongolia said on Thursday that coal miners no longer need local government approval for corporate transfers or for merger and acquisition deals.
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Berlin Fang
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Liu Shinan
