china

The credit plans for commercial banks should be made by their board of directors and the China Banking Regulatory Commission (CBRC) won't control them directly, sina.com.cn, cited the CBRC on Monday as saying. Rumors circulated on Monday that the CBRC had asked the Bank of China ...
Chinese equities fell the most in seven weeks on Wednesday after China's central bank asked lenders to set aside more reserves as the record bank credit last year ignited fears of inflation and asset bubbles. The benchmark Shanghai Composite Index went down 3.09 percent, or 101...
Funds raised through China's IPOs (initial public offerings) will soar 73 percent to exceed 320 billion yuan ($46.86 billion) this year, as companies anticipate that the IPO markets in Shanghai and Shenzhen will continue to pick up in the first half of 2010, PricewaterhouseCooper...
Young people concerned about A/H1N1 influenza are taking out insurance against the potentially deadly disease. Ping An Insurance Company of China has introduced a new health insurance policy against A/H1N1. The coverage is priced at 50, 100, 200 or 500 yuan and valid for one year...
The ChiNext Index closed lower Friday as only one of the 28 shares at China's start-up board for small and medium-sized enterprises went up. The board, which is based in Shenzhen and started trading on October 30, 2009, is tailored to the needs of enterprises engaged in ...
The benchmark index of Chinese equities dropped 0.21 percent Friday, after the National Bureau of Statistics revealed November's economic statistics. The Shanghai Composite Index retreated 0.21 percent, or 6.94 points, to close at 3,247.32. The Shenzhen Component Index climbed 0...
Private equity (PE) backed companies were more profitable and successful in creating jobs than their publicly listed peers in China over the past seven years, according to a survey conducted by Bain & Company and the European Union Chamber of Commerce. The survey compared the ...
Hong Kong stocks shed 41.72 points, or 0.19 percent, to close at 21,700.04 on Thursday. Turnover rose to HK$82.03 billion ($10.59 billion) from Wednesday's HK$74.53 billion ($9.63 billion).
The ChiNext closed lower Thursday as only five of the 28 shares at China's start-up board for small and medium-sized enterprises went up. The board, which is based in Shenzhen and started trading on October 30, 2009, is tailored to the needs of enterprises engaged in independent ...
The benchmark index of Chinese equities rose 0.45 percent Thursday, after the State Council, or cabinet, Wednesday said China would continue to boost consumption in 2010. The Shanghai Composite Index expanded 0.45 percent, or 14.69 points, to close at 3,254.26. The Shenzhen ...
The Chinese government reiterated Wednesday that to spur "sustainable and fast consumer spending" will be a priority next year, as the world's third-largest economy seeks to break from dependence on export and government pump-priming to drive post-crisis growth. The government ...
The ChiNext closed higher Wednesday as only ten of the 28 shares at China's start-up board for small and medium-sized enterprises went down. The board, which is based in Shenzhen and started trading on October 30, 2009, is tailored to the needs of enterprises engaged in ...
China had "good reason" to depreciate its currency during the global financial crisis as exports fell and chose instead to keep the yuan stable, central bank Deputy Governor Zhu Min said. "We took the same policy as we did in the Asian financial crisis; we decided to stabilize ...
Hong Kong stocks lost 318.76 points, or 1.44 percent, to close at 21,741.76 on Wednesday. Turnover rose to HK$74.53 billion (about $9.63 billion) from Tuesday's HK$68.46 billion (about $8.84 billion).
The benchmark index of Chinese equities dropped 1.73 percent Wednesday, led by declining financial and property stocks. The Shanghai Composite Index went down 1.73 percent, or 57.09 points, to close at 3,239.57. The Shenzhen Component Index dipped 1.14 percent, or 158.12 points, ...
Tianjin Bohai Commodity Exchange, the country's first spot commodity bourse backed by the local government, is slated to debut trading of crude oil and coke as its first two products, aiming to boost domestic firms' bargaining power in the pricing of the two items in the global ...
China's exchange rate regulator said Tuesday it would work to promote balance of payment next year by stabilizing exports while expanding imports. The promotion of balance of payment should be the fundamental of the work in 2010 in order to safeguard the nation's economic and ...
Chinese equities dropped dived 1.06 percent Tuesday, led by declining financial stocks. The benchmark Shanghai Composite Index went down 1.06 percent, or 35.24 points, to close at 3,296.66. The Shenzhen Component Index dipped 0.86 percent, or 121.24 points, to close at 13,930.28. ...
The ChiNext stock market closed higher on Tuesday as only two of the 28 shares at China's start-up board for small and medium-sized enterprises went down. The board, which is based in Shenzhen and started trading on October 30, 2009, is tailored to the needs of enterprises ...
The Asian Development Bank (ADB)'s second issue of 1 billion yuan ($147 million) renminbi-denominated bonds, or Panda bonds in China would improve the nation's capital market and help make it global, expert said on Monday. Binda N. Lohani, Vice President of ADB said the issue of ...
Chicago unveils Chinese New Year celebrations
Chicago unveils Chinese New Year celebrations
CHICAGO -- Chicago held a ceremony Friday at the landmark Daley Civic ...
UN chief, Syrian FM in verbal clash at conference
UN chief, Syrian FM in verbal clash at conference
The first day of the peace conference in Montreux, was marked by ...
Chaos on streets after three reported killed in Kiev
Chaos on streets after three reported killed in Kiev
Three people have reportedly been killed in Ukraine's capital Kiev ...
Panel to push financial reform in FTZ
Panel to push financial reform in FTZ
Financial reform in the China (Shanghai) Pilot Free Trade Zone will ...
Economist sees world economy strengthening in 2014
Economist sees world economy strengthening in 2014
NEW YORK, Jan. 24 (Xinhua) -- Global economy is likely to gain ...
China economic reform in focus at World Economic Forum
China economic reform in focus at World Economic Forum
There’s been much talk of China at the World Economic Forum-and a ...
China's banks must evolve or perish
China's banks must evolve or perish
As China's traditional banks raise interest rates to claw back lost ...
Court rejects Apple lawsuit over iPad name
Court rejects Apple lawsuit over iPad name
Shenzhen Municipal Intermediate People's Court has rejected a lawsuit ...
Chinese steelmakers see profits plunge
Chinese steelmakers see profits plunge
China's 77 major steel companies reported an average profit margin of ...
Injured star short-track skater Wang Meng left out of China's squad for Sochi
Injured star short-track skater Wang Meng left out of China's squad for Sochi Winter Games
Injured Olympic champion Wang Meng has been ruled out of the 139...
Yao's gift of sport for all
Yao's gift of sport for all
Chinese NBA player Yao Ming teaches a boy with special needs how to ...
Li Na wins French Open women's singles title
Li Na wins French Open women's singles title
History-making tennis legend Li Na notched the first-ever grand slam ...