State grain depots mired in $26m Ponzi fraud
2011-06-10 15:58:56
Nine directors of a number of state-owned grain depots in Lanxi county of Northeast China's Heilongjiang province have been charged with fraud after swindling a bank out of 170 million yuan ($26 million).
Ripe time for automated trading in China's capital markets
2011-06-10 15:54:08
Algorithmic trading, the using of computer programs to decide when and how to trade certain assets such as stocks and derivatives, will bring new opportunities to Chinese investors, and China's financial markets will accordingly become more efficient.
Over 70,000 Chinese got US green cards in 2010
2011-06-10 14:56:11
Over 70,000 Chinese applicants obtained a US green card in 2010, according to statistics released by the US Department of Homeland Security, reported China News Service Friday.
Water management firms eye China
2011-06-09 14:31:57
France-based Suez Environment (Suez) and US-based General Electric Co (GE) recently signed an agreement to jointly develop new urban water management technologies, and the first projects will focus on cities in China and France, China Securities Journal reported Thursday.
Public hearing washout over water price hike
2011-06-09 14:11:38
A public hearing into a price hike in tap water in a South China city may be postponed after residents snubbed the meeting in protest their views would not be considered.
Chinese tourists can now drive to DPRK
2011-06-09 13:43:28
A tour motorcade departed from Changchun city, Northeast China's Jilin province Thursday, headed to the border city of Rason, Democratic People's Republic of Korea (DPRK), becoming the first tourists from China to drive across the border into the DPRK, China News Service reported Thursday.
200 tons of toxic herbs in the market
2011-06-09 11:55:05
An estimated 200 tons of herbal chrysanthemums containing a banned toxic chemical has entered the market, cnr.cn reported Thursday.
Prison visits part of campaign against corruption
2011-06-09 10:45:14
More than 120 officials from Hannan district in Wuhan, Hubei province, visited a prison as part of a campaign to prevent corruption, the local Changjiang Daily reported Thursday.
China to speed up natural resource price reforms
2011-06-08 17:29:18
China will likely accelerate reforms of natural resource commodities pricing, according to a new proposal from the National Development and Reform Commission (NDRC), China Securities Journal reported Wednesday.
Drug maker invests more in ads, less in cleaning
2011-06-08 17:10:02
Harbin Pharmaceutical Group Co Ltd.(HPGC) has denied it polluted the environment with hydrogen sulfide claiming the emissions met safety standards.
Foreign funds add holdings of Chinese drugmakers
2011-06-08 17:08:42
International financial institutions have recently increased their shares of pharmaceutical companies listed in Hong Kong H-share market, and analysts say the reason might be the outbreak of EHEC (enterohaemorrhagic E.coli) in Europe, Shanghai Securities News reported Wednesday.
China ups Japan long-term debt holdings
2011-06-08 16:51:02
China bought a net 1.33 trillion yen ($1.66 billion) in Japan long-term debt in April, which is the largest amount since January 2005, according to the data released by Japan's Ministry of Finance.