Private banks to start on trial basis

2013-11-01 10:08

China will allow the establishment of private banks and other financial institutions funded by private investment on a trial basis.

A short account of a long tradition

2013-11-01 10:08

Private banking in China began during the Ming Dynasty (1368-1644) when independent money houses were established to conduct currency exchanges, remittances, deposits and loans.

Experts warn of 'two-tier' dilemma

2013-11-01 10:08

Some banking industry insiders have raised concerns about equality of competition between state-owned and private banks in China.

Tricky switch to lighting a new world

2013-11-01 10:08

The hand of fate is resting nervously on the dimmer switch of China's lighting industry, not sure which way it is going to turn. For some businesses, it will get brighter; for others, dark times may lie ahead.

Company that LED the way

2013-11-01 10:08

Major Chinese lighting manufacturer takes a shine to Zhongshan

Quotable

2013-11-01 10:08

"It's certain that real estate bubbles do exist in large cities in China, and the trend is still developing."

IN BRIEF (Page 18)

2013-11-01 10:08

Dilemma over decision to branch out

2013-11-01 10:08

Shanghai Pudong Development Bank has opened an office in London, its first overseas, in a move to better understand Europe's financial environment and find a good location to establish a European subsidiary or branch.

Closest ear may not always be the best

2013-11-01 10:08

Who would you go to for advice if you were preparing to do a big business deal? Many Westerners, even with bread-and-butter issues like buying houses and planning their retirement, would engage a financial adviser.

Allez Auxerre!- way to goal

2013-11-01 10:08

It has been 17 years since AJ Auxerre topped the French football league. Now languishing mid-table in Ligue 2, the Burgundy side is looking to Chinese investors to help them climb back to glory days and top form.

Surviving tough times

2013-11-01 10:08

Sino-Italian entrepreneurs' businesses have continued to post moderate growth throughout Italy's worst economic crisis in decades. Nevertheless, they are showing slight signs of fatigue, especially in the import-export sector, experts say.

Enterprising new steps

2013-11-01 10:08

Simplified procedures for the registration of new companies in China announced recently by the State Council will attract more foreign investment and further stimulate the domestic economy, experts say.

Call for oil monopoly to be broken up

2013-10-25 09:59

China should set up an independent company to operate the oil wholesale business and manage the supply to retailers, industry experts have suggested. That would break up the de facto monopoly of the three state-owned large oil companies, especially the two onshore oil giants, they say.

Corruption inquiry seen as boost to energy sector reform

2013-10-25 09:59

The central government's move to fight corruption in the oil and gas industry will accelerate the reform of China's energy sector and improve the corporate management of state-owned enterprises, experts say.

Flag bearer for industrial revolution

2013-10-25 09:59

China's largest private steel company, Shagang Group, plans to move away from steel as its primary business in as little as three years. The seismic shift being considered by the steel stalwart, unthinkable during the boom a decade ago, is the clearest indication to date of the mounting pressure traditional manufacturing sectors in China are facing to stay viable in a rapidly changing domestic and global market.

Turning a talent grove into a forest

2013-10-25 09:59

Zhangjiagang waters its aspiring 'silicon valley' to attract new growth in emerging industries

Quotable

2013-10-25 09:59

"As long as China is determined to embrace the change, instead of being scared of it, it will succeed in transitioning the economy into a third industrial revolution."

IN BRIEF (Page 18)

2013-10-25 09:59

Old man river rolls back to the roots

2013-10-25 09:59

There is something of the river in the old man's voice when he sings, a slow and subtle strength, an undercurrent deep in the baritone that tugs at the heart and gently sets memory adrift.

Deal pipeline running hot

2013-10-25 09:59

Despite recent bribery scandals involving several European companies, China is still one of the top candidates for outbound investment from French companies, the top official of a leading industry organization says.