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Banking regulators tighten control on consumption loans

[2017-09-21 07:49]

Regulations have been tightened for personal consumption loans to prevent lending from being abused in the housing market as a tool for property speculators.

Men of steel

[2017-09-21 07:49]

Blazing furnaces at temperatures of more than 1,000-degree Celsius, belching out flames and sparks, are visions usually associated with steel mills and iron works.

Major M&A activity is put on hold

[2017-09-21 07:49]

Streamlining the iron and steel sectors has gathered pace during the past few years.

Booming demand causes price surge

[2017-09-21 07:49]

Domestic demand is fueling a rise in steel prices as China reports solid economic data.

Orders take off for C919 at air show

[2017-09-20 07:02]

The C919, China's first home developed large passenger plane, won another 130 orders from four domestic leasing companies on Tuesday, the largest number of orders since the successful debut flight of the aircraft in May.

Toys 'R' Us 'unaffected' by financial woes

[2017-09-20 07:02]

Leading US toy retailer Toys 'R' Us Inc's joint venture in China will be unaffected by the company's financial restructuring in the United States, said its Asia president on Tuesday.

COFCO goes global to grow grain security

[2017-09-20 07:02]

COFCO Corp, the country's biggest agricultural products supplier by revenue, plans by 2020 to see 60 percent of its revenue contributed by overseas markets and control up to 50 million metric tons of foreign grain resources to ensure China achieves grain security, said its senior executive.

China eyeing fourth UK nuclear project

[2017-09-20 07:02]

Chinese nuclear power giant China General Nuclear Power Corp said on Monday it is exploring a bid to invest in Toshiba's troubled 15-billion-pound ($20 billion) nuclear power station on the Cumbrian coast in northwestern England.

SAFE: US Treasury holdings up again

[2017-09-20 07:02]

China's holding of US Treasuries climbed to a 11-month high of $1.17 trillion in July, marking the sixth consecutive month of growth, along with the expansion of the foreign exchange reserve and a strengthened renminbi.

What's news

[2017-09-20 07:02]

GOVT AND POLICIES

Trump's China visit could result in new trade deal

[2017-09-20 07:02]

US President Donald Trump's forthcoming visit to China might lead to breakthroughs in trade and economic relations between the two countries and there is "a good chance" that the US will drop the 301 investigation against China, a former US trade negotiator said.

Crackdown signals end of illegal exchanges

[2017-09-19 07:42]

China's crackdown on bitcoin exchanges is a sign that the top regulator no longer tolerates cryptocurrency trading in the country as it has fueled illegal fundraising and cross-border money laundering, experts told China Daily.

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