Markets hit by uncertainty - May 16

2011-05-17 10:08:23

Stocks on the Chinese mainland fell for the third time in four days on Monday.

China to upgrade power grids in rural areas

2011-05-17 10:06:04

China's top economic planer has issued a notice asking local governments to upgrade their rural power grids in a bid to boost the nation's rural power infrastructure and improve the lives of rural residents in the next five years.

Chinese shares open lower Tuesday

2011-05-17 10:01:16

Chinese shares opened slightly lower on Tuesday, with the benchmark Shanghai Composite Index down 0.09 percent at 2,846.45.

China slams EU potato starch imports

2011-05-17 09:48:51

China will impose an anti-subsidy tariff on potato starch imported from the European Union (EU), although no starting date for the tariff has yet been announced.
Latest China-EU trade frictions not trade war: MOF

GDP growth target too low: PBOC adviser

2011-05-17 09:40:22

The Chinese economy is likely to expand by 9 percent on average in the coming five years, according to the central bank adviser Li Daokui on Monday

Shanghai bank granted license in HK

2011-05-17 09:36:29

The Hong Kong Monetary Authority has granted a banking license to Shanghai Pudong Development Bank, the authority said Monday in a statement.

China to increase trade with Latin America

2011-05-17 09:24:19

China plans to import a greater variety of goods from Latin American nations in an attempt at balancing its trade with foreign countries, said a high-level official from the China Council for the Promotion of International Trade.
Chinese, Brazilian ministers hold talks on trade

Guangdong leads processing trade innovation

2011-05-17 09:19:39

The General Administration of Customs and Guangdong province signed a cooperation memorandum in Beijing on Monday to build a demonstration region in Guangdong for upgrading the processing trade industry.

Energy crunch looming

2011-05-17 09:16:19

Power shortages that gripped many parts of the country in recent months could herald the worst energy crunch in years amid growing concerns that economic growth may suffer.

Hu says to 'provide convenience' for EU investment

2011-05-17 09:11:51

Chinese President Hu Jintao said Monday that China will continue to provide convenience of investment for European Union (EU) firms, while urging the EU to expand export of high-tech products and recognize China's market economy status.

Battery plant boss detained for E China lead poisoning

2011-05-17 09:00:42

The legal representative for a battery plant in east China's Zhejiang province was detained Monday after more than 300 people, including 99 children, were found to have elevated levels of lead in their blood.

Beijing-Shanghai high-speed rail to run early

2011-05-16 17:17:56

The Beijing-Shanghai high-speed railway is likely to begin operations before July, about 10 days earlier than scheduled. Its maximum speeds and ticket prices will be lowered, too, the Beijing Times reported Monday.