China National Cereals, Oils and Foodstuffs Corp, the country's largest food trader, is planning to import 3.5 million metric tons of grains every year through tie-ups with domestic shipping companies, in an effort to further bolster China's food security, a top official said.
China's local government debt could continue to surge if the government sets a growth target above 6.5 percent in the next five years, a leading global ratings agency said on Tuesday.
The crates of Chateau Brehat wine from Bordeaux had gathered dust for three years in a bonded warehouse on the outskirts of Shanghai before the owners cut their losses in July, slashing three-quarters off the $50 price tag.
Nuclear plant operator China National Nuclear Corp said on Tuesday that it was considering taking a minority stake in French nuclear group Areva SA.
Don't count your chickens before they hatch. The same can be probably said of a growing market buzz about monetizing millions of babies before they are even born.
From a LuxFresh store at the Zhengzhou Airport Economic Comprehensive Experimental Area, Li Meng, 31, called his girlfriend in town to check if she would like to enjoy the French wine, Icelandic seafood called red ginseng and other imported stuff he had just bought.
Mia.com is expecting a "baby boom" windfall after the government scrapped its one-child policy last week.
Businesses are hoping the new two-child policy will help boost growth. Below are the three key sectors:
Zhang Yun, president of the Agricultural Bank of China Ltd, is reported to have been taken away by the anti-graft authorities, in connection with investigations into financial corruption.
Chinese banks present a divided picture with regards to the January-September profit growth.
Equities declined marginally on Tuesday, on the lowest turnover in a month, as a widened government probe into alleged illegal activities continued to roil the country's financial sector.
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Raymond Zhou
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Chen Weihua
