China / Economy

Nation's FDI in US getting more diverse

[2013-11-15 23:55]

Although the scope of Chinese investment in the US is broadening and diversifying, the amounts involved are still a drop in the bucket of the world's largest economy.

Property prices to stabilize post-plenum: broker

[2013-11-15 18:33]

The recently concluded Third Plenum of the Communist Party of China's 18th Central Committee will help stabilize property prices in the near term.

Green chance offered to investors

[2013-11-15 00:20]

China will open its energy conservation and environmental protection industry to international investors, Premier Li Keqiang said on Thursday.

Volkswagen recalling over 600,000 vehicles

[2013-11-14 21:21]

Volkswagen is recalling more than 640,000 vehicles in China due to a defect in the synthetic oil in the vehicles' transmission system, the General Administration of Quality Supervision, Inspection and Quarantine announced on Thursday.

Bank credit system covers default records

[2013-11-14 21:07]

The Supreme People's Court (SPC) on Thursday signed a memo with the People's Bank of China (PBOC) officially exposing defaulters within the bank credit system.

Chinese set to buy almost half of world's luxury goods

[2013-11-14 20:24]

Chinese consumers will spend $102 billion on luxury items, both home and abroad, in 2013, almost 47 percent of annual global luxury product sales, the Fortune Character Research Center said on Thursday.

Severe shortages ambush a 'gasified' China

[2013-11-14 20:19]

China's gas shortages are expected to worsen this winter, as ambitious anti-pollution drives in many Chinese cities have become "guzzlers" of the scarce resource.

Suning takes fund-trading online

[2013-11-14 20:08]

Suning Appliance Co, China's largest home appliance retailer, will launch an online investment platform similar to e-commerce giant Alibaba's Yu’ebao in November.

China's Q3 gold consumption tops the world

[2013-11-14 20:07]

China has kept its position as the world's largest gold consumer, requiring 210 tonnes in the third quarter, said the World Gold Council Thursday.

Volkswagen to recall 640,309 cars in China

[2013-11-14 19:50]

Volkswagen will recall 640,309 Volkswagen, Audi and Skoda cars in China from Nov 25. The synthetic oil may lead to safety hazard and will be replaced.

China leads Asia Pacific cross-border property trade

[2013-11-14 19:38]

Cross-border property transactions in the Asia-Pacific region increased in the third quarter of 2013, with China seeing the greatest share of the investment, a report from real estate service provider CBRE showed.

China cuts retail fuel prices again

[2013-11-14 19:36]

China's top economic planner on Thursday announced a slash in the per-tonne retail prices of gasoline by 160 yuan ($26.09) and diesel by 155 yuan, starting from Friday.

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