Alliance Boots buys stake in Nanjing Pharmaceutical

2012-09-17 16:40:58

Alliance Boots, the owner of Europe's largest pharmacy chain, said on Sunday it will buy a 12 percent stake in China’s Nanjing Pharmaceutical Co Ltd for about 56 million pounds ($91 million).

Retail association urges govt to cut card fees

2012-09-17 16:10:55

The China Chain Store and Franchise Association urged the government to cut bank card-swipe fees charged to merchants as soon as possible in order to shore up consumption.

Home sales in major cities fall in Sept

2012-09-17 15:17:50

Home sales in China's major cities fell in September after a strong rebound in the previous months, data from real estate consultancy Century 21st showed on Monday.

Barclays cuts China GDP growth forecast

2012-09-17 15:15:46

Barclays cut its forecast on China's GDP growth to 7.5 percent this year from its original 7.9 percent estimate, due to the weak August data.

'Iron rice bowl' ban served up in another city

2012-09-17 15:14:33

Civil servants in one city in central China may lose their "iron rice bowl" under a pilot program to be launched this year, the Zhengzhou Evening News reported Monday.

India may launch solar panels anti-dumping probe

2012-09-17 15:12:34

India may launch an anti-dumping investigation against solar panels made in China, after the US and Europe launched similar probes.

US QE3 may fail to meet expectations

2012-09-14 17:18:50

The US government's efforts to boost the country's economy through a new round of bond-buying might fail to stimulate the economy as much as expected.

Sun Yang frenzy sparks chaos in Tianjin

2012-09-13 15:41:45

China's double Olympic gold medalist Sun Yang is proving so popular that swimming organizers have been forced to enforce tough media restrictions when he appeared at a domestic sporting event.

Nansha New Area launched

2012-09-13 14:56:45

China has mapped out a new State-level development zone in South China's Guangdong province, the Shanghai Securities News reported on Wednesday.

900,000 babies born with defects every year

2012-09-13 14:37:20

China has 900,000 new cases of birth defects every year, a report issued by the Ministry of Health said on Wednesday.

Tujia signs agreements with developers

2012-09-13 13:19:11

Tujia, the leader in China's vacation rental market, on Tuesday signed agreements with eight real estate developers from Shanghai, Nanjing, Wuxi, Suzhou and Weihai.

Chongqing clears man after 2-year labor camp

2012-09-12 16:00:12

Peng Hong, who served two years in a forced labor camp in Chongqing for forwarding an Internet picture depicting a local official protecting criminal gangs has been cleared, Southern Metropolis Daily reported Tuesday.