M&A cools in China, heats overseas
2012-07-05 17:44:17
In the first half of this year, a total of 422 mergers and acquisitions deals were completed in China, down 21.3 percent year-on-year.
Shipping summit 2012 set for Xiamen
2012-07-05 15:36:39
The World Shipping (China) Summit 2012 will be held in the city of Xiamen from Sept 19 to 21, 2012.
Sany denies large-scale staff layoff
2012-07-05 15:31:46
Sany Heavy Industry Co Ltd, China's leading construction equipment company, denied a report that it has laid off 30 percent of its employees.
Baosteel moves 30% capacity out of Shanghai
2012-07-05 15:21:26
Shanghai-based Baosteel Group Corp Ltd, the country's second biggest steel maker by output, said it will move 30 percent of its capacity out of Shanghai.
Loan-to-deposit ratio might see changes: report
2012-07-05 14:58:03
China's banking regulator is planning on removing the requirement that the lenders' loan-to-deposit ratio must be under 75 percent.
State Council approves policies for Qianhai
2012-07-04 17:24:28
China's State Council has approved development and opening-up policies for the Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone.
China's green industries output to rise
2012-07-04 16:13:21
The total output of China’s energy saving and environmental protection industries is targeted to hit 4.5 trillion yuan ($708 billion) by 2015, according to a government statement.
Chinese mainland ranks 34th in innovation
2012-07-04 16:13:03
The Chinese mainland has gained the 34th place in the Global Innovation Index among 141 economies worldwide.
Central Huijin buys more banks' shares
2012-07-04 16:07:17
Central Huijin Investment Ltd, an arm of sovereign wealth fund China Investment Corp, continued its purchase of major banks' shares in the second quarter.
Dangdang CEO apologizes over 'Peeping Tom'
2012-07-04 11:13:17
An employee of a major Chinese online shopping retailer has been suspended from his job and arrested by police after allegedly being caught taking photos of women in an office toilet.
Chinese dominate global bank profits
2012-07-03 13:39:18
Chinese banks took almost a third of total global bank profits last year, up from 4 percent in 2007, as they grabbed market share given up by European peers.
China launches natural gas spot market
2012-07-03 13:31:25
China launched its first spot market for natural gas on the Shanghai Petroleum Exchange on Monday to cope with peak summer electricity use.