$25b projects, bonds to sustain growth

China approved big-ticket investments for 22 fixed-asset projects in July, up from 11 in June, and launched new bonds in an attempt to maintain stable economic growth, the National Development and Reform Commission said on Friday.

CSIC swaps debt for equity in two of its subsidiaries

China Shipbuilding Industry Corp, one of the Chinese Navy's biggest contractors, announced debt-to-equity swaps which will see eight investors picking up stakes in two of its unlisted subsidiaries for an estimated 22 billion yuan ($3.27 billion).

Property market continues to cool as summer slack sets in

China's buoyant property market showed further signs of cooling down, according to official data which were released on Friday.

CBRC: Risks under control

The economic risk of "moving from real to virtual" has been preliminarily contained in China, according to the country's banking regulator.

IN BRIEF (Page 6)

Chinalco's H1 shines bright on sales surge

Aluminum Corp of China, the country's largest nonferrous metals company, announced its best half-year performance in nine years, riding a surge in commodity prices.

Lenovo computes hefty losses, as sluggish PCs hurt

China's giant personal computer maker Lenovo Group Ltd posted a quarterly loss on Friday - blaming higher costs and sluggish sales in the personal computer and smartphone market.

IPO vetoes by watchdog soar

China's securities regulator has refused 46 A-share initial public offering applications this year, exceeding the total amount for the previous four years, a move to promote the reform of the registration-based IPO system and guarantee steady development of the stock market.

Beijing, Manila show the way to sea of tranquility

One needs to look no further back than a couple of years ago, when China and the Philippines were deeply mired in distrust and rancor, to appreciate how territorial disputes improperly handled can become a major source of antagonism between countries.

Still huge potential to tap

Despite a slight decline in industrial added value, fixed-asset investment, total retail sales of consumer goods and consumer prices in June, the macroeconomic data for July, which was recently released by the National Bureau of Statistics, indicate that China's economy remains on a solid footing.

Unit 731 documentary shows new NHK head keen to right wrongs

A DOCUMENTARY aired by Japan's public broadcaster NHK on Sunday showing the atrocities inflicted by Unit 731, a covert biological and chemical warfare research and development unit of the Japanese army, on Chinese during World War II has triggered calls for deeper reflection on the country's wartime past. Beijing News commented on Thursday:

Taiwan in 'dark age' thanks to DPP

A SUDDEN POWER BLACKOUT hit the island of Taiwan on Tuesday, affecting almost all industries and millions of households on the island. Ta Kung Pao comments: