China's non-manufacturing sector growth slows in May

2011-06-03 14:25:52

China's non-manufacturing sector posted slower growth in May, with a drop of the Purchasing Managers Index (PMI) for the sector, the China Federation of Logistics and Purchasing (CFLP) said Friday.

Food quality probes

2011-06-03 14:23:13

As the scope of the food scandal widens in Taiwan - more than 200 firms and 500 products have been involved so far - some tainted commodities have been discovered in the mainland and the ripples of the DEHP scare here call for a further response on the part of the authorities.

Transparent budgets

2011-06-03 14:23:06

Premier Wen Jiabao's call for the central government to take the lead in practicing thrift points to the importance the top authorities have attached to the building of a clean and efficient government.

Taiwan drink ban hits mainland restaurants

2011-06-03 14:20:35

The Chinese mainland has banned its restaurants from selling or using beverages, food products and food additives from 10 producers in Taiwan that are suspected to have been tainted with a cancer-causing plastic additive.

Novo boosts China funds

2011-06-03 14:15:23

Novo Nordisk A/S will boost investment in China to preserve its dominance in the world's largest market after rival Sanofi SA made a new foray amid an effort by the government to improve health services.

UK SMEs see future in nation’s growth pattern

2011-06-03 14:14:48

China's development offers great opportunities for UK companies, according to top British trade and investment officials at a forum.

Money market rate falls as PBOC adds cash

2011-06-03 14:13:40

China's money-market rate dropped to a three-day low as the central bank injected the most cash into the financial system in five weeks.

Rio Tinto plans to $1b purchases in China

2011-06-03 14:11:00

Anglo-Australian mining company Rio Tinto plans to purchase $1 billion of commodities in China in 2011, a company official said Thursday in Shanghai.

MGM China shares open firmer in HK debut

2011-06-03 13:25:58

MGM China Holdings Ltd a joint venture between MGM Resorts International and Hong Kong billionaire Pansy Ho, jumped more than 5 percent on its market debut on Friday, with investors keen for exposure to the world's largest gaming market.

Rare earth giant takes over 35 smaller miners

2011-06-03 12:34:36

Inner Mongolia Baotou Steel Rare-Earth (Group) Hi-Tech Co, the world's largest rare earth producer, will consolidate 35 local rare-earth miners by June and will further unify the distribution and processing of the metals, the region's government said on Wednesday.

Shuanghui subsidiary reopens after additive scandal

2011-06-03 12:29:56

A subsidiary of China's largest meat processor, the Shuanghui Group, reopened on Thursday just two months after a food additive scandal rocked the company.

China to build wetland reserves in NE region

2011-06-03 12:26:57

China is planning to build cross-border wetlands and nature reserves in its northeastern provinces to protect precious bird and fish species, the Minister of Environment Protection Zhou Shengxian said Thursday.