Aluminum Corp of China, known as Chinalco, said on Monday the company will stop some production at its Toromocho Mine in Peru after a request from the local authority but says the move will not affect the company's operations in general.
China Construction Bank Corp said on Monday it plans to sell 20 billion yuan ($3.24 billion) in Basel III-compliant subordinated debt in China to replenish its tier-2 capital.
Shanghai Media & Entertainment Group has officially transformed itself from a State-owned administrative institution to a corporation and merged into a new media and entertainment conglomerate in partnership with Shanghai Media Group, one of its wholly owned subsidiaries.
As more trust and wealth management products mature and as the economy slows this year, the number of payment issues and defaults hitting headlines will inevitably rise. However, a systemic "Lehman-style" financial crisis remains highly unlikely in our view.
A new policy to allow trade service companies to apply for tax rebates or exemptions for export goods will help expand trade growth and encourage domestic small and medium-sized enterprises to better tap the international market, industry insiders said.
Car retailers in Nanjing, capital city of Jiangsu province, have seen twice the usual number of customers preparing for a possible quota on license plates since Hangzhou in neighboring Zhejiang province restricted the issue of new car licenses on March 26.
Chinese panel maker and solar energy solution provider ET Solar is in talks with investment banks to raise $250 million through an initial public offering in the US, CEO Dennis She said on Monday in Nanjing in East China.
Peng Liyuan was spotted taking pictures with a Chinese smartphone during a State visit to Germany last week with her husband, President Xi Jinping. A year ago, the gadget in Peng's hand was an iPhone 5.
Few get excited as Narongchai Akrasanee about new e-mails coming in. As his smartphone buzzes across the coffee table, he politely asks: "Can I reply to a message quickly?"
Sam Kutesa has had plenty to do with China since becoming Uganda's minister of foreign affairs nine years ago, but even before then the lawyer-turned-politician had an intimate knowledge of the country, having visited it many times.
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Raymond Zhou
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