Hard landing for economy 'avoidable'

2011-06-03 09:15:11

Inflation will probably peak at the end of this month and a hard landing for the economy will be avoided, a senior economist said on Thursday, amid a manufacturing slowdown and persistent inflation concerns.

Maradona sues Chinese online games company

2011-06-02 17:49:05

Argentine legend Diego Maradona has sued "The9 Limited", a Chinese online games company, for infringement of his portraiture rights.

Hong Kong stocks close 1.58% lower

2011-06-02 17:48:13

Hong Kong stocks went down 372.59 points, or 1.58 percent, to close at 23,253.84 on Thursday.

China's Dagong lowers Japan credit rating

2011-06-02 17:46:48

Chinese ratings provider Dagong Global Credit Rating Co Ltd, on Thursday cut its rating for Japan's local and foreign currency sovereign credit by one level to A+ and AA- respectively.

Beijing vows to boost service trade

2011-06-02 17:46:07

Beijing wants to attract international service industry convention and trade, and also showcase the city's service sector, Deputy Mayor Cheng Hong said Wednesday at the Forum on the Development of an International Business and Trade Center.

New insurance law to benefit foreign employees

2011-06-02 17:34:49

More than 230,000 foreign employees with work permits are expected to benefit from upcoming changes to China's Social Insurance Law, a senior government official said on Wednesday.

China launches coal contingency reserve plan

2011-06-02 17:30:38

China's National Development and Reform Commission (NDRC) released new guidelines for the nation’s coal contingency reserves on Wednesday, China Securities Journal reported.

ChiNext Index closes down -- June 2

2011-06-02 17:14:21

The ChiNext Index, launched by the Shenzhen Stock Exchange (SZSE) on June 1, 2010, dropped 17.43 points, or 2.05 percent, to 833.74 on Thursday.

China stock index futures close down -- June 2

2011-06-02 17:12:21

China's stock index futures closed lower on Thursday with the contract for June, the most actively traded, down 1.25 percent from the previous day to 2,963 points.

China's industrial output to grow 13.5% in H1

2011-06-02 17:03:24

China's industrial added-value output growth is expected to register an increase of about 13.5 percent year-on-year in the first half of 2011, according to an official report released Thursday.

Chinese shares fall following Wall Street plunge

2011-06-02 17:01:57

Chinese shares declined sharply on Thursday after an overnight slump in the US market weighed on market sentiment.

Official calls for crackdown on price-fixing agreements

2011-06-02 17:01:02

The government should crack down on price-fixing agreements among business owners, said Peng Sen, deputy director of the National Development and Reform Committee (NDRC), the country's top price regulator, on Wednesday.