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Q1 demand for gold sinks like lead

[2014-05-21 06:44]

China's gold demand fell 18 percent in the first quarter as investors bought fewer bars and coins, offsetting record interest in jewelry, the World Gold Council said.

Economist calls for cut in reserve requirement

[2014-05-21 06:44]

The rising cost of borrowing is weighing on China's enterprises, especially real estate developers, an economist from a government think tank warned on Tuesday.

What's news

[2014-05-21 06:44]

GCL Group, China Minsheng to fund power stations

Tax changes 'will drive up rare earth prices'

[2014-05-21 06:44]

Changes may be in store for taxes on rare earths, a move that could push up the prices of these scarce minerals, an industry source said.

Securities regulator targets 100 new listings in A-share market by year-end

[2014-05-21 06:44]

China's securities regulator has confirmed the pace of new share listings in 2014, and about 14 to 15 companies will go public in the A-share market every month starting in June.

Chinese companies wooed to help build Moscow subways

[2014-05-21 06:44]

Chinese companies are being wooed to develop urban Moscow after senior officials in Russia's capital backed subway and real estate projects that could be worth $10 billion.

Great Wall Motor plans to open Russia factory

[2014-05-21 06:44]

Facing fierce competition from foreign rivals, China's privately owned Great Wall Motor Co Ltd plans to invest 3.2 billion yuan ($510 million) in building a car manufacturing plant in Russia, its largest export destination.

Walmart rolls out robust expansion program

[2014-05-21 06:44]

The world's largest retailer by sales, Wal-Mart Stores Inc, will open approximately 30 retail stores and additional distribution centers in China this year after shuttering several underperforming stores.

IT sector growthforecast at just 10%, led by smartphones

[2014-05-21 06:44]

China's information technology market is projected to increase a middling 10 percent this year with the smartphone and tablet sector leading the growth, research company IDC said on Tuesday.

JD delivers Q1 loss ahead of its IPO

[2014-05-21 06:44]

E-commerce retailer JD.com Inc reported a first-quarter loss ahead of its imminent initial public offering in the United States, suggesting the vendor's profit outlook may be weaker than meets the eye.

Unrest in Vietnam shatters investor confidence

[2014-05-21 06:44]

Fatal riots in Vietnam have eroded the interest of some Chinese companies in investing in the country, according to a garment industry official.

More local govts 'may issue debt directly'

[2014-05-20 07:01]

China will allow 10 provinces and cities to make direct bond issues starting this year, a move that financial experts said might signal full rights for all local governments to issue debt to support the urbanization drive.

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