China's service trade to hit $600b by 2015

2011-06-01 10:32:07

China is drafting a five-year plan to promote trade in its service sectors, with a projected service trade volume of $600 billion by 2015, a senior official said on Tuesday.

Drought shrivels lakes, rivers

2011-06-01 10:24:15

The severe drought that has blighted the Yangtze River region has now dried up thousands of rivers and lakes, damaged farmland and posed navigational problems for shipping.

Rationing of water triggers rush for pails

2011-06-01 10:19:17

Residents have been lining up and even jostling one another to buy pails ahead of the introduction of water rationing on June 1 in this drought-hit island city.

'Tainted drinks not distributed'

2011-06-01 10:17:59

A tainted drink scandal is continuing to spill across the mainland with the discovery of a second contaminated product from Taiwan.

Oil refiners looking to Shell to help reduce sulfur content

2011-06-01 10:16:32

Shell Global Solutions International BV (SGSI), a division of the energy giant Royal Dutch Shell PLC, said an increasing number of Chinese oil refineries are looking to use its platform to lower the sulfur content in low-grade oil and achieve quicker returns.

Hong Kong's RMB deposits up 13.1% in April

2011-06-01 10:14:58

Hong Kong's RMB deposits climbed to 510.7 billion yuan ($65.66 billion) in April, up 13.1 percent from the previous month, said the Hong Kong Monetary Authority (HKMA) on Tuesday.

Ministries ban chemical from babies' bottles over health risk

2011-06-01 10:06:21

Six ministries announced on Monday that they have banned the use of Bisphenol A (BPA) in the production of babies' bottles in an attempt to protect the health of infants.

Coffee association hopes to stimulate Chinese market

2011-06-01 10:05:32

Colombia is looking to encourage a new generation of Chinese consumers to pick up a latte instead of tea.

China puts brakes on production of substandard e-bikes

2011-06-01 10:04:48

China plans to phase out battery-powered electric-bicycles (e-bikes) that exceed speed and weight limits published 12 years ago, a move that could force small manufacturing plants to close and cut demand for lead in the world's top consumer of the metal.

Insurers to add realty investments

2011-06-01 09:41:29

Around 78 billion yuan ($12 billion) of insurance capital is expected to enter Beijing's "economically affordable" housing market, marking further investment in the property market.

DHL to expand in western China

2011-06-01 09:40:23

Deutsche Post-DHL's express division will continue expanding its investment in China, especially in the western region, said Ken Allen, chief executive of DHL Express.

China's economic surge could boost Japan

2011-06-01 09:22:42

China's rapid economic growth and increasing domestic demand are stimulating imports from Japan, a factor that may play an important role in Japan's economic recovery, according to research from the Chinese Academy of Social Sciences (CASS).