The People's Bank of China is changing its calculation of bank deposits and loans as it moves to increase supervision of cash in the banking system amid a resurgence in shadow banking activity.
Shares on the Chinese mainland rallied the most in a week on Thursday as credit growth data spurred speculation that authorities are taking steps to support economic growth.
China Mobile Communications Corp launched a new media arm on Thursday to provide digital content, as the leading wireless carrier tries to cushion the impact from its ailing traditional communications business.
Metals demand to soar this year as Chinese demand for appliances continues to grow, reports Bloomberg.
The government has permitted 27 lenders to sell asset-backed securities through a streamlined registration system, financial market sources said on Thursday citing an official document issued by the China Banking Regulatory Commission earlier this month.
The merger of China's two biggest rolling stock producers faces intense antitrust scrutiny around the world, analysts said, with the combination of CSR Corp Ltd and CNR Corp Ltd likely to create the globe's largest trainmaker by sales.
Producers face challenges as mobile devices proliferate and a weak property market hits appliance sales, reports Wang Zhuoqiong.
Microsoft Corp's decision to cut the Windows 7 operating system loose will leave nine out of 10 Windows devices in China running with little or no official support.
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