Steel company profits up 52% in 2010
2011-04-07 15:08:05
The China Iron and Steel Association's (CISA) 77 member companies in 2010 made a total of 89.7 billion yuan ($13.7 billion) in profits, with an average profit margin of 2.9 percent.
Teacher secretly buried toddler that chocked
2011-04-07 13:24:37
A kindergarten teacher secretly buried a two-year-old pupil who died after choking on food, yunnan.cn reported Thursday.
Greedy landlords targeted by new rule
2011-04-06 16:39:11
Neighbors can now report landlords who build partition walls to increase rent prices by housing more tenants
Special economic zone to cover all of Shantou
2011-04-06 14:25:48
The State Council, China's Cabinet, has agreed to expand the special economic zone (SEZ) in Shantou, Guangdong province, to cover the entire city starting May 1, cnr.cn reported Wednesday.
Mainland properties lure foreign capitals
2011-04-06 11:24:50
The Chinese properties market is becoming a major destination for investors around the world. And the Asia-Pacific market may attract $104 billion this year, China Economic Weekly reported Wednesday.
OTC market approved: Report
2011-04-02 16:10:26
The State Council approved the plan to found China's over-the-counter (OTC) stock market, China Times reported Saturday.
EU carbon tax to hike air travel costs
2011-04-02 14:21:51
Once a new European Union (EU) carbon tax is levied on Chinese airlines, 743 million yuan will be added to the costs of flights from China to Europe and likely mean a fare increase of 300 yuan for each economy flight passenger.
SAFE expects int'l payment surplus in 2011
2011-04-02 11:20:11
China is set to maintain an international payment surplus in 2011, the State Administration of Foreign Exchange (SAFE) said on its website on April 1.
LDK Solar buys into US firm
2011-04-02 11:15:11
Chinese solar energy giant LDK Solar Co announced Friday that the company aquired 70 percent interest in US-based Solar Power Inc (SPI) for approximately $33 million.
Rising fuel prices cut into power producers' profits
2011-04-01 15:31:15
With electricity generation increasing in 2010, China's major power producers saw their profits dwindling due to rising fuel prices, the International Finance News reported Friday.
87 IPO firms raise 96b yuan in Q1
2011-04-01 15:18:36
In the first quarter of this year, 87 companies launched on Chinese mainland's A-share market through initial public offerings (IPO) and raised 96 billion yuan, the China Securities Journal reported Friday.
Chen Xiao may invest in home appliances
2011-03-31 17:34:16
Chen Xiao, the former chairman of Gome Electrical Appliances Holding Ltd confirmed Wednesday to China Business News that he will engage in investments, but did not reveal the specific industry.