Beijing’s new airport expects inaugural flight in 2017

2011-06-21 16:59:40

Beijing has drafted the timetable for the construction of its new airport and it is expected the inaugural flight will take off in October 2017, the Beijing Business Today reported Tuesday, citing an unnamed insider.

ChiNext Index closes up -- June 21

2011-06-21 16:58:37

The ChiNext Index, launched by the Shenzhen Stock Exchange (SZSE) on June 1, 2010, rose 3.85 points, or 0.49 percent to 795.61 on Tuesday.

China stock index futures close up -- June 21

2011-06-21 16:58:23

China's stock index futures closed up on Tuesday with the contract for July, the most actively traded, up 23 points, or 0.8 percent, from the previous day to 2,901.8.

BYD's new shares open to subscription

2011-06-21 16:58:03

Investors started on Tuesday to subscribe to new shares of BYD Co Ltd, the Chinese car maker backed by US billionaire investor Warren Buffett, after the company set its Shenzhen share offering price at 18 yuan ($2.8) per share a day before.

All food additives can be detected

2011-06-21 16:57:47

China claims to have detection methods for all food additives that can be legally used in the country.

Realty rates follow population

2011-06-21 16:10:14

US housing markets showcase fluctuations of birth rate and demand, offering clues to China's future prospects

China stocks close up Tuesday

2011-06-21 16:09:58

Chinese shares posted a rally Tuesday after falling to the lowest level in almost nine months the previous trading day. The benchmark Shanghai Composite Index rose 1.01 percent, or 26.43 points, to close at 2,647.68.

Five suspected over data leaks

2011-06-21 16:09:26

A Beijing procurator confirmed on Monday that five people are under judicial investigation for leaking key economic data before its official release.

Action on road tolls

2011-06-21 15:21:59

How much can be expected of the year-long campaign against illegal or unreasonable tolls on most of the country's highways? It will depend on how heavy the penalties the central government will mete out for their local counterparts that extort motorists by setting up more tollgates or charge more tolls than they should.

Tollway system on target list

2011-06-21 15:15:40

A campaign targeting illegal toll collections started on Monday amid rising criticism of the country's tollway system.

Rising yield leads rate hike expectations in China

2011-06-21 15:14:26

The People's Bank of China on Tuesday auctioned 1 billion yuan of one-year bills at a yield of 3.4019 percent, heightening speculation of an approaching interest rate hike.

Bottled water IPO to soak up funds

2011-06-21 15:13:25

Tibet 5100 Water Resources Holdings Ltd, the Chinese provider of premium bottled mineral water, began looking to raise up to HK$1.6 billion ($205.3 million) in an initial public offering on Monday.