'EU's scheme could blacken relations'
2011-06-08 14:32:19
European Union's plan to force other countries to join its carbon-trading scheme will affect friendly relations between Chinese airlines, European airlines and plane manufacturers, a senior official with China's top aviation industry guild said on Tuesday.
China's CPI to rise in May
2011-06-08 14:22:42
China's consumer inflation will increase in May, driven by higher food prices and a lower comparison basis, adding the possibility of an imminent interest rate hike, analysts have said.
Luxury jewelry market facing dazzling future
2011-06-08 14:07:23
The country's fine jewelry market has been growing steadily in the past two years, and consumers are becoming more sophisticated.
Traders bet against Harbin Electric
2011-06-08 13:54:42
Short sellers are preying on China's Harbin Electric Inc like never before, betting against a Morgan Stanley-backed hedge fund in a buyout that would generate the biggest windfall of any acquisition in the world.
Hangzhou Iveco to manufacture Fiat gearboxes
2011-06-08 10:40:12
Fiat SpA, Europe's sixth-largest automaker by market share, will locally produce its gearboxes in China, as part of its plan to gain a foothold in the world's biggest automobile market.
ZTE launches new salvo against Huawei
2011-06-08 10:49:49
Chinese telecommunications equipment maker ZTE Corp has demanded rival Huawei Technologies Co stops making and using equipment related to fourth-generation time division long term evolution (TD-LTE) technology, expanding the legal battle between the two Chinese telecom giants.
IEA hails China's new policy for gas usage
2011-06-08 11:11:54
China's new policy for gas usage could usher in a golden era for a greater role of natural gas in the global energy mix, the International Energy Agency (IEA) said.
China plans African ventures
2011-06-08 11:00:26
China, the world's biggest maker of solar panels, plans to build power projects using the devices in 40 African nations, aiming to cut the continent's reliance on fossil fuels and open a new market for Chinese manufacturers.
55 websites closed for illegal online publicity
2011-06-08 10:35:18
Authorities have shut down 55 websites engaging in illegal online publicity based on information provided by the public.
CBRC announces measures to aid small businesses
2011-06-08 10:36:49
The China Banking Regulatory Commission (CBRC) on Tuesday announced a series of favorable policies for lenders to offer more loans to small-scale enterprises.
Shanghai exchange prepares for int’l board
2011-06-08 10:30:41
Overseas companies will be able to offer yuan-denominated shares to domestic investors.
Yuan advances to record high Wednesday
2011-06-08 09:55:40
The Chinese currency Renminbi, or the yuan,strengthened 21 basis points to hit 6.4795 per US dollar on Wednesday, according to the China Foreign Exchange Trading system.