Police arrest armed robbery suspect
2012-07-02 21:08:51
Police have arrested an armed robbery suspect nine years after the crime, the Shenyang Daily reported.
Half shipyards to go bankrupt
2012-07-02 18:00:46
About 50 percent of ship-building companies in China may go bankrupt in the next two to three years.
Local govt revenues from land sales down
2012-07-02 15:45:28
Local government's revenues from land sales declined significantly in the first half of the year, and land turnover was also lackluster.
Steel companies face increasing losses
2012-07-02 14:59:45
China's steel companies had a total loss of 11.75 billion yuan ($1.9 billion), about 27 times more than at the same period last year.
IPOs drop in first six months
2012-06-29 18:05:23
The number of IPOs of Chinese companies at home and abroad dropped in the first half of 2012, a Zero2IPO report said on June 29.
China to maintain 'prudent' monetary policy
2012-06-29 18:01:55
China will maintain its "prudent" monetary policy and "appropriately" fine-tune policies to deal with the economic situation.
Banks urged to provide more loans
2012-06-29 18:00:52
The banking industry must adapt to the challenges generated by the interest rate liberalization, and keep more profits on hand to ease the capital pressure caused by credit expansion.
SAFE approves $650m quota to 7 new QFIIs
2012-06-29 17:42:14
The State Administration of Foreign Exchange added seven more investors into the Qualified Foreign Institutional Investor program on June 8.
Industrial companies' profit drops
2012-06-29 14:58:50
From January to May, the profits of China’s industrial companies declined 2.4 percent, despite an 11.9 percent growth in revenue in the same period, suggesting a declining profit margin, according to the National Statistics Bureau.
Efforts needed to fight corruption: official
2012-06-28 21:09:53
Resolute courage and persistent efforts are needed to fight corruption and guard the outstanding and pure nature of the Communist Party of China
College stunt on poor kids backfires
2012-06-28 19:05:44
Four poor children try relentlessly to collect a bottle hanging by string as part of a cruel joke by college students, according to the Kunming Metropolitan Times.
BYD to cut salaries due to lower profits
2012-06-28 15:41:24
Chinese battery and vehicle maker BYD Co plans to cut salaries due to sharply lower profits amid lackluster market performance.