China / Economy

Online fruit seller completes round of financing

[2014-03-27 19:45]

Leading Chinese fresh fruit online seller completed a new round of financing led by ClearVue Partners to expand its business, the private equity firm said on Wednesday.

CPPIB forms joint venture with Chinese property developer

[2014-03-27 19:45]

Canada Pension Plan Investment Board has formed a joint venture with China Vanke Co Ltd, China's largest property developer.

China to set up credit system for farmers

[2014-03-27 19:02]

China's central bank announced on Thursday it has issued a guideline to step up the creation of a credit system for serving small and micro-sized companies and farming households.

Chinese desire premium fast-moving consumer goods

[2014-03-27 16:34]

Despite growth deceleration in China's fast-moving consumer goods market, customers' desire of upgrading to premium products is set to be the sector's driving force, consumer insight company Kantar Worldpanel said in a report on Thursday.

ASEAN seminar on oil spills begins in Qingdao

[2014-03-27 15:30]

The ASEAN Regional Forum Seminar on the Regional Cooperation on Offshore Oil Spills began in Qingdao, Shandong province, on Thursday.

China regrets WTO rare earth exports ruling

[2014-03-27 02:02]

China's Ministry of Commerce (MOC) reacted with regret to a report released on Wednesday by the World Trade Organization (WTO) that judged some Chinese raw materials exports haven't followed rules on export tariffs and quotas.

WTO finds against China in rare earth dispute

[2014-03-26 21:21]

The World Trade Organization issued a panel report on Wednesday saying China's export restrictions on rare earth elements as well as the minor metals of molybdenum and tungsten are incompatible with WTO rules.

Clean power fund proposed, along with more nuclear plants

[2014-03-26 21:15]

As the hazardous levels of smog over Beijing intensified in recent days, a former head of the National Energy Administration called for more efforts in the development of renewable energy to combat air pollution.

China Life profits surge with integration

[2014-03-26 21:13]

China Life Insurance Co, the country's largest life insurer, achieved robust profit growth last year through the integration and cooperation of its subsidiaries.

Tencent invests in South Korea's CJ Games

[2014-03-26 21:09]

Tencent Holdings Ltd, China's largest Internet company by market capitalization, stepped up its commitment in mobile gaming by announcing its plan to buy 28 percent of stake in South Korea's CJ Games Corp at $500 million on Wednesday.

Approval process for foreign businesses shortened

[2014-03-26 21:05]

Shanghai Pudong New Area's approval process for foreign businesses has shortened to two days, following the government's call to streamline the administrative process and vitalize market forces.

Three Gorges Corp chairman, GM sacked

[2014-03-26 19:43]

China Three Gorges Corp's chairman and general manager have been removed from their posts after evidence of power abuse was found at the State-owned company.

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