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Officials stress development bank's priorities

[2014-11-26 06:43]

Chinese officials have issued a firm assurance that the Asian Infrastructure Investment Bank will be a "clean and green" multilateral financial organization, with a strong focus on open and inclusive development that will meet the highest possible international standards.

Tire firms urge government to fight US action

[2014-11-26 06:43]

The tire industry has urged the government to take decisive measures against the anti-dumping and countervailing duties imposed on tires imported from China after the United States Department of Commerce claimed on Monday that Chinese manufacturers benefited from government subsidies.

Options trading gathers momentum after record level of activity

[2014-11-26 06:43]

Options traders keep finding new reasons to get bullish on Chinese stocks.

More local govts allowed to establish AMCs

[2014-11-26 06:43]

The banking regulator has allowed more provinces to set up local asset management companies to handle bad loans owed by local governments and financial institutions, which have seen surging troubled assets amid the economic slowdown.

What's news

[2014-11-26 06:43]

SOEs post y-o-y growth in profit despite rising costs

Zoomlion sets focus on 'strategic' M&A targets

[2014-11-26 06:43]

Construction equipment maker Zoomlion Heavy Industry Science & Technology Development Co Ltd said on Tuesday that it will explore strategic merger and acquisition opportunities, rather than large purchases, to boost its exports amid an industry downturn.

9Air to offer cheap flights in South China, points beyond

[2014-11-26 06:43]

9Air Co, the first low-cost carrier in Guangdong province, will start operations soon by providing tickets priced as low as 9 yuan ($1.46) to tap into the booming market in South China, company officials said on Tuesday.

Uncertainty remains over Dalian Wanda's IPO price

[2014-11-26 06:43]

Despite opportune timing, China's diversified conglomerate Dalian Wanda Group is facing difficulties in securing a high valuation from institutional investors for the shares it is planning to offer for sale in Hong Kong.

WeChat turns to students to expand its presence in US

[2014-11-26 06:43]

WeChat, one of China's most popular mobile-messaging applications, is turning to thousands of students studying in the United States to spread its usage across the country.

Bank of China plans to double mortgage lending in Australia

[2014-11-26 06:43]

Bank of China Ltd plans to double its mortgage lending in Australia in two years and wants to offer more home loans to local people, the bank's country head said.

Telemedicine calls as population ages

[2014-11-26 06:43]

D-Phone Group, China's largest mobile phone retail chain store, has announced a 10 million yuan ( $1.63 million) investment in the telemedicine industry with the establishment of the China-based WorldCare China.

Climate disclosures to get increased emphasis

[2014-11-26 06:43]

More Chinese companies are realizing the importance of disclosing environmental information to the public and investors, turning risks into opportunities against the backdrop of climate challenges.

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