China to restart feasibility study of local debt issuing
2011-02-28 10:45:26
China will study whether it is feasible for local governments to issue bonds, the Shanghai Securities News reported Monday. The Ministry of Finance is currently the only organization which can issue bonds on behalf of local governments.
PBOC official blames high trade surplus for inflation
2011-02-28 10:22:05
China's excessively large trade surplus is the source of inflation and multiple measures should be taken to deal with inflation, said Yi Gang, the vice-governor of the People's Bank of China (PBOC) and head of the State Administration of Foreign Exchange.
CISA announces suspension of iron ore talks
2011-02-24 17:39:41
As BHP Billiton Ltd changed the quarterly pricing of iron ore to monthly, the annual iron ore price talks would be "unnecessary", Luo Bingsheng, former vice-chairman of the China Iron & Steel Association (CISA) said.
New program wants everyone to get fit
2011-02-24 17:39:38
China wants everyone to do physical exercises three times a week within five years, according to a new national fitness program issued by the State Council.
Banks call off discounts for first home buyers in Beijing
2011-02-24 15:50:43
China's top five State-owned banks have called off the mortgage rate discounts for first-time home buyers. They will stick to the benchmark lending rate set by the central bank, the China Securities Journal reported Thursday.
Nurse removed over cruel patient tweets
2011-02-24 15:43:44
A Nurse has been removed from her post after being accused of writing cruel tweets about her patients, Shandong Business reported Thursday.
Reserve requirements raise becomes effective Thursday
2011-02-24 09:27:42
People's Bank of China, China's central bank, announced a raise in the reserve requirement ratio (RRR) by 50 basis points Feb 18. The new standard became effective Thursday, Xinhua reported.
Reserve requirements raise becomes effective Thursday
2011-02-24 09:27:42
People's Bank of China, China's central bank, announced a raise in the reserve requirement ratio (RRR) by 50 basis points Feb 18. The new standard became effective Thursday, Xinhua reported.
Four jailed for bribery over mainland visitors
2011-02-23 22:25:41
Two former employees of an airline company and two other persons, charged by Hong Kong's Independent Commission Against Corruption (ICAC), were sent to jail at the District Court on Wednesday for their involvement in a bribery scam to facilitate the Chinese mainland travelers' check-in to sneak overseas via the HK airport.
Four jailed for bribery over mainland visitors
2011-02-23 22:25:41
Two former employees of an airline company and two other persons, charged by Hong Kong's Independent Commission Against Corruption (ICAC), were sent to jail at the District Court on Wednesday for their involvement in a bribery scam to facilitate the Chinese mainland travelers' check-in to sneak overseas via the HK airport.
Four jailed for bribery over mainland visitors
2011-02-23 22:25:41
Two former employees of an airline company and two other persons, charged by Hong Kong's Independent Commission Against Corruption (ICAC), were sent to jail at the District Court on Wednesday for their involvement in a bribery scam to facilitate the Chinese mainland travelers' check-in to sneak overseas via the HK airport.
Ex-inmates share housing after release
2011-02-23 19:43:47
"No 1008 Guangming Street" is a shared community address of about 200 elderly people, who were once major criminal offenders serving their sentences over a wall across the street, at Yunnan No 1 Jail. Now they live in a shared community after serving their terms, and the oldest among them is 92, and the youngest is in his 60s.