Mortgage loans harder to get after govt policy
2010-01-27 09:55:13
Commercial banks in Beijing are tightening their first apartment loan policy and adopting a stricter qualification check on clients who want to buy a second apartment, insiders said.
Ways to keep the roof on housing prices
2010-01-25 08:03:18
A property tycoon has questioned the government's commitment to keeping a lid on rising property prices after it was revealed that the housing market is now responsible for half of the capital's GDP.
Insurers post robust returns in 2009
2010-01-22 07:56:41
The investment yield of insurance companies rose by 4.5 percentage points to 6.41 percent last year, with total gains peaking at 21.4 billion yuan, the industry regulator said yesterday.
Property investments hit 3.6t yuan
2010-01-22 07:56:41
China invested a whopping 3.6 trillion yuan ($527.30 million) in the property market last year, a 16 percent year-on-year jump from 2008, the nation's top statistician said at a news conference yesterday.
Bubble concerns trigger shift in investment choices
2010-01-22 07:56:41
Investors have turned bullish on the US while tempering their enthusiasm for China as they worry about a market bubble there, according to a Bloomberg survey.
Freeing RMB exchange rate not necessarily beneficial to US
2010-01-21 15:05:50
Pressing for adjustment in the Chinese Renminbi's (RMB) exchange rate will not get rid of the trade imbalance between the United States and China, a US economist said Wednesday.
China gets tough on bank card-related crimes
2010-01-21 13:35:19
China's Ministry of Public Security and the central bank will jointly launch a 10-month nationwide campaign to crack down on bank card-related crimes.
China's premium income rises 13.8% in 2009
2010-01-21 11:08:57
China's premium income in 2009 rose 13.8 percent from a year earlier to about 1.11 trillion yuan ($162.52 billion), according to Wu Dingfu, China Insurance Regulatory Commission Chairman on Thursday.
Stable yuan conducive to world economic recovery: Chen
2010-01-20 11:53:09
Maintaining a basically stable exchange rate of the renminbi, China's currency yuan, would help the world economy go out of the global financial crisis and back on the track of growth, Minister of Commerce Chen Deming said in Beijing Tuesday.
Taikang Life to bank on seniors
2010-01-19 07:53:57
With 169 million Chinese estimated to be over the age of 60, the country's fourth-largest life insurer plans to invest 5 billion yuan in a retirement community for seniors in Beijing.
Debating the morals of vice mayor's stock trading
2010-01-18 08:04:28
Li Jian says he is an average stock investor but the Chinese media call him a genius. His track record speaks for itself. In just 11 trading days last July the 40-year-old made 170,000 yuan ($25,000).
Property prices continue to climb across country
2010-01-15 07:50:29
Property prices in China's 70 major cities climbed 7.8 percent in December from a year earlier, the fastest pace in 18 months, the National Development and Reform Commission (NDRC) said yesterday.