BRC: Banking can withstand property price down
2011-07-29 21:01:27
The banking industry will not be affected even if Chinese real estate property prices drop 50 percent lower,
Unclaimed lottery win goes to public fund
2011-07-29 18:36:37
A sports lottery win, worth 16.19 million yuan, (approximately $2.5 million) remained unclaimed in Nanjing city
Train crash compensation rises to 915,000 yuan
2011-07-29 17:03:05
The compensation for the families of those killed in a high-speed train crash in Wenzhou, East China's Zhejiang province has been increased to 915,000 yuan ($143,000).
Airport closed as rains sink runway
2011-07-29 16:21:22
An airport in Southwest China's Sichuan province has suspended its air service indefinitely after the runway was found to be sinking due to repeated torrential rain.
New round of formula price rises hits China
2011-07-28 17:41:10
As the price of imported milk powders continued to soar, the price of domestic brands also started to increase recently, the Chongqing Times reported Thursday.
Chinese rush to buy US land
2011-07-28 17:25:03
One Chinese office worker paid $8,800 through an online auction by chance and bought 1,000 square kilometers of land in Miami of US, the Guangzhou Daily reported on Wednesday.
Beijing earns most money of tourism
2011-07-28 16:04:58
Beijing was the most popular tourism destination around China last year according to annual income, the Beijing Business Today reported on Wednesday, citing data from the National Tourism Administration.
BYD to provide electric cars for Universiade
2011-07-28 15:36:49
BYD Auto Co Ltd signed a contract with the Shenzhen public transportation sector to provide 200 pure electric buses and 300 pure electric taxis for the upcoming 26th Universiade (World University Games), CarsChina.com reported on Wednesday.
Dodgy doctor gets 10 years for killing kid
2011-07-28 12:13:11
A man convicted of killing a mentally disabled boy by misdiagnosis was sentenced to 10 years in jail on Tuesday, the Beijing Times reported on Wednesday.
Lottery winner may have hit $80m jackpot
2011-07-28 11:17:10
China's lottery may have set a new record with a man expected to win 514 million yuan ($80 million) from two tickets bought in Zhejiang on Tuesday, beating the previous record win of 359.9 million yuan, claimed by a man in Henan in 2009.
Labor shortage a headache for factories
2011-07-27 17:37:29
Though China has adjusted the minimum wage level with a growth of over 15 percent above the baseline in 18 regions in the first six months, factories in the Pearl River Delta Region are still feeling the pinch from a labor shortage, the Guangzhou Daily reported Wednesday.
Possible punishment for idle plate lottery winners
2011-07-27 17:35:44
As the purchase deadline for Beijing drivers who won the first round of the license plate lottery approached on July 26, it’s estimated about 1,000 winners failed to buy cars within the required half-year period, according to the Beijing Municipal Traffic Committee.