China / Economy

China's non-ferrous metal output accelerates

[2013-11-02 20:07]

China's total production of 10 major non-ferrous metals grew at a faster pace in the first three quarters than a year earlier, according to official data, indicating the country's overcapacity problem.

China, US 'ready to engage' on TPP talks

[2013-11-01 23:24]

China and the US strongly intend to engage each other in Trans-Pacific Partnership, a "high-standard" trade agreement involving the US and other countries including Japan and Australia, according to insiders close to both governments.

Taobao offering online funds

[2013-11-01 23:19], an online marketplace owned by e-commerce giant Alibaba Group Holding Ltd, wants to help people manage their money by offering fund products.

October PMI 'signals growth momentum'

[2013-11-01 23:16]

Manufacturing activity hit an 18-month high in October, a development that analysts said showed a consolidation of economic growth momentum for the fourth quarter.

Home prices still rising in major cities

[2013-11-01 23:06]

Some top-tier cities are likely to miss targets to stabilize home prices, as prices in China's 100 major cities continued to rise in October.

Developed economies looking good for energy mergers

[2013-11-01 20:41]

Canada, Australia and the United States are set to be the most popular destinations for mergers and acquisitions by Chinese energy companies, a senior executive at RBC Capital Markets said on Friday.

China vital for Google's global strategy: Schmidt

[2013-11-01 20:41]

China's rapidly growing purchases of smartphones and the popularity of the Android operating system makes the country an important piece for Google's global strategy, said Eric Schmidt, the company's executive chairman.

Airmate set to open new base

[2013-11-01 20:41]

Taiwan electronic appliance maker Airmate plans to build another manufacturing base in East China, following rapid business growth since it entered the Chinese mainland market in 1991, an executive manager of the company said.

Tycoon becomes Beijing special court supervisor

[2013-11-01 20:41]

Pan Shiyi, a real estate tycoon in Beijing, has become a special supervisor for courts in the capital, according to the Beijing News.

Guolian looks to invest in bankrupt solar power maker

[2013-11-01 20:41]

State-owned Wuxi Guolian Development (Group) Co Ltd may potentially save China solar power giant Wuxi Suntech Power Co Ltd, the failed solar power maker, from bankruptcy.

ABC signs $213 m contracts at loan prime rate

[2013-11-01 20:24]

The Agricultural Bank of China signed two contracts worth 1.3 billion yuan ($213 million) at the loan prime rate (LPR) on Thursday and Friday.

Two banks get IPO nods from CSRC

[2013-11-01 20:24]

China Securities Regulatory Commission has given both the Bank of Chongqing and Huishang Bank its approval to hold initial public offerings in the H-share market, according to CSRC on Friday.

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