Chinese shares open higher - May 13
2011-05-13 10:18:31
Chinese shares opened higher on Friday, with the benchmark Shanghai Composite Index up 0.08 percent to 2,846.31.
Foreign exchange rates in Hong Kong -- May 12
2011-05-13 10:17:51
The following are foreign exchange rates against Hong Kong dollar released Thursday by the Bank of China (Hong Kong) Limited.
Goldman sets yuan fund with Beijing gov't
2011-05-13 10:17:00
The Beijing municipality signed an agreement on Thursday to invest in Goldman Sachs Group Inc's yuan-denominated private equity (PE) fund, which reportedly aims to raise 5 billion yuan ($770 million).
China's economy may cool by Q2, O'Neill says
2011-05-13 10:11:05
China's economic growth could slow to 8 percent, Goldman Sach's Jim O'Neill said on Thursday, as economic data and a drop in commodity prices point to Beijing ending its monetary tightening policy sometime this year.
NBS explaines 111 yuan housing data
2011-05-13 10:00:37
China's top statistics agency, the National Bureau of Statistics (NBS), offered an explanation on Thursday for a residential housing figure that confused the public.
CapitaLand to double investment in China
2011-05-13 09:50:14
The Singapore-based property developer CapitaLand Ltd will double its investment in China's commercial real estate and serviced apartments sectors within three to five years, despite the government's rigorous measures to cool the property market.
Chinese carmakers predict sales rebound
2011-05-13 09:46:11
Auto sales in China may continue to grow slowly this year through the second quarter before rising in the second half, said Wang Dazong, president of Beijing Automotive Industry Holding Co.
It's economics, not politics
2011-05-13 09:23:48
China and the United States must make the most of their economic relations and guard against politicizing economic issues, Vice-Premier Wang Qishan said on Tuesday and Wednesday in his meetings with 20 US lawmakers and Ben Bernanke.
CIC considers new-capital mechanism revamp
2011-05-13 09:17:52
China Investment Corp (CIC), the country's $300 billion sovereign wealth fund (SWF), is considering setting up a mechanism for continued new capital, as the country accumulates foreign exchange reserves, said a senior executive on Thursday.
Reserve requirement ratios raised to record high by PBOC
2011-05-13 09:13:46
China has raised the reserve requirement ratios (RRR) for banks for the fifth time this year to restrain price rises.
Expert: Power goal is attainable
2011-05-13 09:09:29
China is likely to achieve its target of 70 gigawatts (gW) in nuclear capacity by 2020 despite its freeze on approving new nuclear projects since Japan's nuclear crisis, Xu Yuming, vice-secretary general of the China Nuclear Energy Association (CNEA), said on Thursday.
Boeing's new N China factory gets green certification
2011-05-12 17:39:06
Boeing's recently expanded factory in Tianjin has been recognized for meeting environmentally-friendly standards set by two internationally-known organizations, said the general manager of Boeing Tianjin Composites.