Markets continue losing streak - May 30

2011-05-31 10:08:54

Stocks on the Chinese mainland stocks fell for an eighth day, the longest losing streak since December 2008. The retreat came on concerns interest rates will rise, a property tax may be expanded nationwide and power shortages will cut production capacity.

China to ban Bisphenol A in infant feeding bottles

2011-05-31 10:06:31

China's Ministry of Health, as well as five other governmental bodies, issued a joint public health notice on Monday which included a ban on the use of Bisphenol A (BPA) in the production of infant feeding bottles.

Market exchange rates in China -- May 31

2011-05-31 10:02:09

Following are the central parity rates of the Chinese currency Renminbi (RMB) against seven major currencies announced Tuesday by the China Foreign Exchange Trading System.

China, Japan co-op in E-waste recycling plant

2011-05-31 10:01:29

An electronic waste recycling company, jointly funded by Japan's Panasonic, Sumitomo, DOWA Group and China's Hangzhou Dadi Environmental Protection Co Ltd, will be built in east China's Zhejiang province.

China's Chery Auto to build plant in Venezuela

2011-05-31 10:26:12

Chery Automobile Co will break new ground in Latin America and its factory of $200 million in Venezuela will start producing vehicles for the region later this year.

Tablet PC makers face off at trade show in Taiwan

2011-05-31 09:58:10

Attempts by Google Inc and Microsoft Corp to loosen Apple Inc's grip on the booming tablet PC market will be put to the test this week as PC makers unveil new models at the Computex trade show in Taipei.

China's credit card fraud losses down 32.38% in 2010

2011-05-31 09:44:12

Losses due to credit card fraud fell 32.38 percent year-on-year to 117.88 million yuan ($18.18 million) in 2010 with the fraud ratio standing at 0.0038 percent, down 0.004 percentage points from one year earlier, the China Bank Association (CBA) announced Monday.

Drought fuels food price increases

2011-05-31 09:41:45

The impacts of China's worst drought in 50 years have been served up on the nation's dining tables as the price of rice and vegetables from drought-hit provinces have skyrocketed.

Taobao.com opens home furnishings showroom

2011-05-31 09:37:07

One of China's e-commerce giants has stepped up its heated rivalry with brick-and-mortar retailers by launching a five-story home furnishings showroom in Beijing.

China's Jan-April insurance premiums hit 570.8b yuan

2011-05-31 09:31:45

The combined value of China's insurance premiums rose to 570.8 billion yuan ($87.8 billion) in the first four months of this year, up 109.08 yuan from the figure in the January-March period.

China Construction Bank opens first office in Russia

2011-05-31 09:24:37

China Construction Bank (CCB) said on Monday that its first representative office in Russia has opened in Moscow.

Rio Tinto boosts purchases in China

2011-05-31 09:18:39

Rio Tinto Group, the world's third-largest miner by market capitalization, said it will double its procurement of goods in China to reach $1 billion this year, further highlighting long-term collaboration with the world's largest iron ore consumer.