Coke sizes down to avoid rising costs
2011-05-13 14:10:30
Beverage giants Coca Cola and Pepsi have avoided raising prices in China by reducing the size of their packaging, the Beijing Morning Post reported on Thursday.
Campaign to cut public spending on govt cars
2011-05-13 14:07:06
China has launched a special campaign to regulate the use of public funds for government vehicles, in a bid to reduce unnecessary public spending in this area.
New Zealand firms urged to explore China market
2011-05-13 14:04:42
New Zealand Prime Minister John Key said New Zealand companies and trade organizations could do more to explore opportunities in the China market.
Sino-US mutual understanding important: Citigroup
2011-05-13 14:03:23
Beijing-Washington relationship was the single most important bilateral relationship in the world today, "mutual understanding has never been more important", said Citigroup's CEO to a leading Chinese-American organization here on Thursday.
Three lots auctioned in HK with "satisfactory" prices
2011-05-13 14:00:28
The Hong Kong government conducted its second land auction in fiscal year 2011 (starting from April 1, 2011) on Thursday, selling three lots at the high end of estimated prices, showing strong needs in the market.
Former Hangzhou deputy mayor sentenced to death for corruption
2011-05-13 13:59:28
A former deputy mayor of Hangzhou, a famed tourism destination in East China, was sentenced to death for corruption on Thursday, said a court in Zhejiang province.
Chinese shares end mixed at midday - May 13
2011-05-13 13:54:18
Chinese shares closed the morning trade session mixed on Friday with the benchmark Shanghai Composite Index up 0.06 percent to finish at 2,845.71.
Vice-President Xi calls to maintain Macao's prosperity
2011-05-13 13:53:00
Chinese Vice-President Xi Jinping has called on the Macao Chamber of Commerce to contribute more to the economic development and stability of the Macao Special Administrative Region (SAR).
Moller-Maersk revenue rises
2011-05-13 13:48:27
The global shipping giant AP Moller-Maersk has reported a 10 percent year-on-year increase in first quarter (Q1) revenue to $14.5 billion. Q1 profit surged by 82 percent to $1.2 billion.
Property sales values increase
2011-05-13 13:47:12
The value of property sales in China during the first four months of the year rose 13.3 percent year-on-year to 1.4 trillion yuan ($217 billion), according to the nation's top statistics authority on Wednesday.
More land opened up for affordable housing
2011-05-13 13:45:46
The supply of land for subsidized housing is increasing dramatically in 2011, the nation's land watchdog said.
Bank reserve requirement raised for 5th time
2011-05-13 13:42:04
In its latest move to battle inflation, China's central bank announced Thursday that it will raise the reserve requirement ratio (RRR) of the country's lenders by 50 basis points, the fifth such increase this year.