S&P bullish on offshore RMB debt market
2012-08-30 18:49:55
China's offshore renminbi debt market could greatly increase its depth and breadth, said Standard & Poor's Ratings Services on Aug 30.
Official calls for careful review of property curbs
2012-08-30 18:42:11
As the domestic-property market enters a critical phase, it's important to make sure all tightening measures are in place, said a housing official.
Chinese investment grows in Western firms
2012-08-30 18:20:05
A latest report from PricewaterhouseCoopers (PwC) shows that falling prices of companies in the West are leading Chinese enterprises to invest in Europe and North America.
Govt near nod on UnionPay mobile payment standard
2012-08-30 17:41:05
The Chinese government has almost reached an agreement to adopt a mobile payment standard initiated by China UnionPay.
Regional knowledge sharing initiative inaugurated
2012-08-30 17:37:25
The Regional Knowledge Sharing Initiative, a new knowledge exchange center, was founded by China's Ministry of Finance and the Asian Development Bank on Aug 30.
New Oriental faces class law suit in the US
2012-08-30 17:27:15
Holzer Holzer & Fistel, LLC, a law firm based in the United States, announced on Wednesday that it is launching a class law suit against New Oriental Education & Technology Group Inc..
Tech expo to boost economic growth
2012-08-30 16:55:00
The Jiading district in northwest Shanghai launched a Tech Expo on August 30 as a part of its expansion strategy to stimulate economic growth.
Chery to recall vehicles in S. America, Singapore
2012-08-30 16:50:10
China's largest domestic automaker Chery would recall 18,875 vehicles sold in Brazil, Uruguay, Chile, Argentina and Singapore due to a problem with asbestos.
COSCO reports wider loss in H1
2012-08-30 16:46:31
China COSCO Holdings Co said on Wednesday its net loss widened 79.7 percent to hit 4.87 billion yuan ($767 million) in the first half of the year.
Moody's warns on Chinese banks' asset quality
2012-08-30 16:35:19
Chinese banks' deteriorating asset quality and slowing profit growth are credit negative, said Moody's Investors Service in a report Thursday.
Shenzhen vetoes second-child proposal
2012-08-30 15:48:56
The Shenzhen People's Congress Standing Committee vetoed a proposal to loosen the second-child policy, the Shenzhen Economic Daily reported on Wednesday.
Tower to dominate Beijing skyline by 2016
2012-08-30 14:32:19
China Zun, a 528-meter building, will dwarf all the other buildings in the central business district in Beijing upon its completion.