BofA confirms CCB shares sale
2011-08-30 17:02:26
Bank of America Corporation (said Monday it will sell half of its holdings in China Construction Bank (CCB). The 13.1 billion shares transaction is expected to bring in $3.3 billion for BAC's capital base.
Chengguan violence targeted in Shenzhen
2011-08-30 15:55:42
The Chengguan, or urban management personnel, in Shenzhen city, South China’s Guangdong province, are to be investigated for administrative and criminal responsibility for insulting and beating citizens and individuals in the process of law enforcement according to a new draft regulation, the Beijing Times reported Tuesday.
Net profits of iron companies decrease
2011-08-30 14:25:29
Iron companies disclosed a total net profit of 9.98 billion yuan ($1.54 billion) in interim reports released by 27 steel enterprises listed on Shanghai and Shenzhen stock exchanges on Aug 29.
Building collapse in S China kills 2, wounds 8
2011-08-30 13:45:27
A building under construction in Leizhou, Guangdong province, collapsed on August 29, 2011, killing two and wounding eight.
Renewable power consumption goal by '15
2011-08-30 13:38:27
China's commercialized renewable energy consumption will provide for more than 9.5 percent of the total consumption during the period of 12th Five-year Plan (2010-15) period.
Writers get digital windfall
2011-08-29 17:41:51
About 8o writers will soon be enjoying the fruits of their success as a Chinese publisher pays out more than 1 million yuan.
Arsonist granted jail wish
2011-08-29 17:26:02
A man has been sentenced to jail for three years after setting fire in a Beijing hospital for the sole purpose of being sent to prison.
Oil companies profit 146b yuan in H1
2011-08-29 17:10:32
The first-half net profit of the three leading oil companies in China totaled 146 billion yuan, averaging at 800 million yuan a day.
Foreign M&A to be reviewed for security
2011-08-29 17:10:32
Mergers and acquisitions of domestic companies by foreign investors will be reviewed for national security purposes, the Ministry of Commerce said.
China to release plan on renewable energy
2011-08-29 16:54:16
China wants to install enough rooftop panels by 2015 to reach a maximum capacity of 300,000 kW, a tenfold increase of its current capacity.
Power runs short in the south
2011-08-29 16:54:16
Five provinces in South China are experiencing the most severe electricity shortage in the past five years.
Version of Tian’anmen Rostrum found in Shaanxi
2011-08-29 16:25:52
A portrait of China’s historical figure Zhu Geliang hangs from a replica of Beijing’sTian’anmen Rostrum in northwest Shaanxi province.
