China / Economy

Guangdong sees GDP growth of 8.5 percent

[2014-01-16 22:06]

Guangdong province, one of the economic powerhouses of South China, has set its annual GDP growth target for 2014 at 8.5 percent, according to a government work report.

US company in China scrutinized for pyramid allegation

[2014-01-16 21:26]

The Ministry of Commerce said on Wednesday that it has been checking information contained in some media reports that Nu Skin Enterprises — a US-based company that sells cosmetics and health products in China — is involved in pyramid-style selling.

Feihe to aquire Alfbeta

[2014-01-16 21:24]

Feihe Dairy, a subsidiary of Feihe International, said it will acquire Jilin Alfbeta Dairy Co Ltd on Tuesday.

Rules on insurance sales hammered out

[2014-01-16 21:22]

China Banking Regulatory Commission and China Insurance Regulatory Commission detailed the rules for commercial banks' sales of insurance products in a joint press release on Thursday.

China's foreign trade boosts overseas investment

[2014-01-16 20:45]

Taking the crown from the United States as the world's largest commodity trading nation is inspiring news for China at the start of 2014.

Shenyang imports and exports grow 12.4% in 2013

[2014-01-16 19:13]

Shenyang Customs said on Thursday the total import and export value of Shenyang, capital of Liaoning province, reached $14.33 billion in 2013, a year-on-year increase of 12.4 percent.

Micro blog user numbers fall by 28 million

[2014-01-16 19:06]

Nearly 28 million netizens have quit using micro blogs in China over the last year, a once popular social network platform that had accumulated more than 500 million accounts over the last four years,

Gas imports to rise by 19%

[2014-01-16 01:17]

China's dependency on imported natural gas is expected to surge almost 19 percent this year as the nation's battle against air pollution drives up demand for the clean-burning fuel.

China Mobile and Apple 'tie the knot'

[2014-01-16 01:07]

Apple Inc's recent agreement with China Mobile Ltd is a significant start for the two companies' cooperation.

China to tighten IPO supervision, report says

[2014-01-15 21:07]

China's securities watchdog will check price-setting processes for all the 51 IPOs that have been approved since December, according to sources quoted in the 21st Century Business Herald on Wednesday.

Blackstone buys larger stake in HK-listed realtor

[2014-01-15 20:55]

Global leading private equity firm Blackstone Group owned 71 percent of shares in Hong Kong-listed Tysan Holdings Ltd as of Jan 8, a move to expand its real estate business in China.

Tetra Pak still under investigation, authority says

[2014-01-15 20:53]

The anti-monopoly investigation into Swiss packaging maker Tetra Pak International by China's industry and commerce authority is still ongoing, a spokesman said on Jan 15, denying a media report claiming that the investigation has been terminated.

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