Chinese credit market weaker than expected

2012-06-13 14:45:04

The Chinese credit market is weaker than expected with deposits seeing a huge decline in the first week of June, China Finance Net reported.

Appliances makers hit by sluggish demand

2012-06-12 17:05:35

The number of electric appliances manufacturers in deficit increased by 17.2 percent year-on-year during the first four months of the year.

Wal-Mart involved in pork scandal again

2012-06-12 16:47:18

Wal-Mart has been caught selling diseased pork ribs, reported National Business Daily on Tuesday.

IATA: Difficult to implement EU emissions scheme

2012-06-12 15:44:53

IATA said on Tuesday that it will be difficult for the European Union to implement the Emissions Trading Scheme since over 30 countries oppose it.

Belgium wants more Chinese investment

2012-06-12 15:12:39

Belgium wants to invite more Chinese investment in such industries as high tech and personal computing.

Support for new strategic industries

2012-06-12 15:10:39

A series of financial and taxation support policies will be launched for China’s strategic emerging industries in the second half of this year, Economic Information Daily reported on Tuesday.

CNPC to supply LNG to 200k cars by 2015

2012-06-12 15:08:51

China National Petroleum Corp estimates that it will supply liquefied natural gas to about 200,000 vehicles by 2015.

Crackdown on sales of cheating equipment

2012-06-12 13:21:11

Police from Huanggang city in Central China's Hubei province cracked down on a six- member criminal group.

Beijing may use cameras to monitor gutter oil

2012-06-12 11:11:10

Beijing may install more than 60,000 electronic cameras to monitor restaurants’ "gutter oil", or recycles kitchen oil, to prevent it from being re-used as cooking oil, Beijing Times reported Tuesday.

Provinces, cities to start tax reform soon

2012-06-11 17:23:56

About 10 provinces and cities in China will start tax reform soon in order to accelerate economic transformation.

Banks may be forced to cut mortgage rates

2012-06-11 17:16:07

Guangdong Huaxing Bank said Sunday it will offer a 30 percent discount for first home buyers applying for mortgages.

Alleged fraudulent banker arrested

2012-06-11 17:08:42

Lin Chunping, a Wenzhou entrepreneur who allegedly fabricated a story about purchasing a US bank, was arrested by police on suspicion of illegally issuing value-added tax invoices on Saturday.