Lending curbs hit nation's property developers
2011-05-21 09:58:49
China's developers are paying as much as 25 percent to borrow from private trust companies. That's as property firms avoid lending curbs intended to control inflation and cut the risk of corporate default.
Companies abused benefits
2011-05-21 09:21:44
A number of State-owned enterprises have been illegally using their employee's benefit funds, the National Audit Office said.
Yuan may be fully convertible in '3-5 yrs'
2011-05-21 09:17:15
A senior economist has said China could achieve full convertibility of the yuan in three to five years - much sooner than previous forecasts.
Apple dicusses CDMA iPhone
2011-05-21 09:16:04
China Telecom Corp said it is in talks with Apple Inc to offer a CDMA version of the iPhone in the world's largest mobile-phone market by users.
Facebook plans to keep in touch
2011-05-21 09:15:12
Facebook CEO Mark Zuckerberg is planning a second visit to China, as the world's No 1 social networking company looks for the best way to expand into the country.
Hong Kong stocks close 0.16% higher -- May 20
2011-05-20 17:50:55
Hong Kong stocks gained 36.01 points, or 0.16 percent, to close at 23,199.39 on Friday.
Give market the leading role in low-carbon growth
2011-05-20 17:46:56
No matter whether we have turned over the page of the financial crisis, the low-carbon "revolution" has in itself started already, and China should ready itself to catch up, said a researcher in Beijing.
China may adjust hybrid car policies
2011-05-20 17:39:52
China will issue a full set of policies for energy-saving and new energy vehicles, National Business Daily reported Friday.
Bain Capital mulls yuan fund in China
2011-05-20 17:38:11
US-based private equity giant Bain Capital is considering raising a yuan-denominated fund in China within two years.
BOC to increase loans to SMEs by 10%
2011-05-20 17:36:52
Bank of China Ltd (BOC), the country's third-largest lender by market value, said its loans to small and medium-sized enterprises (SMEs) is expected to grow more than 10 percent this year.
Wal-Mart China execs resign
2011-05-20 17:33:35
Luo Ruilan, senior vice president of Wal-Mart China, handed in his resignation shortly after the company's COO Luo Shicheng left earlier this month, National Business Daily reported Thursday.
Unbalanced demand supply relationship causes power shortage
2011-05-20 17:27:49
Unbalanced supply and demand is causing an electricity crunch in China, said Shu Yinbiao, deputy general manager of the State Grid Corporation of China (SGCC).