Top leaders unsatisfied with urbanization plan

2013-05-13 16:12:10

Top Chinese government officials have delayed a meeting on national urbanization development because they are unsatisfied with the draft plan.

Shadow banking may have hit $3 trillion

2013-05-13 15:16:33

China's shadow banking products might have reached 21 trillion yuan ($3.38 trillion) at the end of last year, or 39 percent of 2012 GDP

'Mission possible' for Chinese developers

2013-05-13 15:15:25

Chinese developers are on track to meet sales targets for 2013 after a strong first quarter, an industry report by Standard & Poor's Ratings Services revealed.

H7N9 causes $6.5b loss to poultry industry

2013-05-13 14:10:04

The outbreak of the H7N9 virus has caused more than 40 billion yuan ($6.5 billion) in losses to China's poultry industry as demand for chicken has plunged.

China United Property reports income growth

2013-05-13 14:09:29

China United Property Insurance Co Ltd reported a 25.8 percent increase in income in the first four months this year.

China may postpone IPO resumption: report

2013-05-13 13:11:55

Chinese firms seeking to be listed on the stock market may be disappointed once more, as the resumption of IPOs is likely to be further delayed.

Toys R Us expands in China

2013-05-13 13:09:59

United States-based toy retailer Toys R Us is accelerating its expansion in China and plans to have 100 stores in the country in the next three years.

China Railway to issue bonds for funding

2013-05-10 17:16:49

China Railway Corp may soon issue its first batch of bonds after it was founded in March, as railway construction across the country slowed down due to inadequate funds.

Online tax regulation discussed in China

2013-05-08 15:20:09

On Monday, the US Senate approved the online sales tax bill, the Market Fairness Act, and it spurred discussions about tax legislation on e-commerce in China.

Yuan in record rise against US dollar

2013-05-08 14:22:07

The People's Bank of China on Wednesday set the daily reference rate of the yuan against the US dollar at 6.1980, the highest in 19 years.

Court orders retrial in intl purchasing case

2013-05-07 16:01:49

On Monday, a higher court in Beijingoverturned the original ruling over a former flight attendant who bought goods overseas to sell in China;and handed down an 11-year sentence, and ordered a retrial of the case.

Retail chains attracted to Asia

2013-05-07 15:09:39

Hong Kong, Singapore and Tokyo top the list of cities for new retailer entries across Asia-Pacific.