China needs to do more to fight inflation
China should adopt quantitative tools or conduct more rate hikes in its battle against inflation, economists said at a financial forum Saturday.
Out with the old, in with the new
Although China has been experiencing rapid economic growth during recent years, it is still falling behind in terms of productivity.
Central SOEs urged to promote economic development in Xinjiang
China's centrally-administered state-owned enterprises (SOEs) should play a vanguard role in leading the economic development of Xinjiang Uygur Autonomous Region, a senior official said Saturday.
China's inflation may have peaked
Nevertheless, the inflation pressure is expected to stay for some time to come, and economists said China should stick to its policy of monetary tightening.
Markets decline on the back of US plunge
Stocks on the Chinese mainland fell on Friday, capping a fifth week of losses for the benchmark index.
Buffett backing fails to lift BYD
Warren Buffett's support for BYD Co is proving no solace for investors, as analysts rate the Chinese automaker the lowest among global peers.
Henkel aims to stick with adhesives in Shanghai
SHANGHAI - Germany-based Henkel AG began construction of the world's largest adhesives plant on Friday. The facility, situated in Shanghai, will further consolidate the company's leading market position in China, said experts.
Dagong refutes 'generosity' claims
Dagong Global Credit Rating Co Ltd on Friday denied accusations of "generosity" in the ratings it has awarded to domestic companies and some local government bonds.
ABB establishes production plant
ABB Group, the leading power and automation technology group, inaugurated a global manufacturing base in Shanghai on Thursday.
Philips aims for healthy expansion in Chinese market
BEIJING - Seeing good momentum in the global healthcare sector, Royal Philips Electronics NV is planning to expand its healthcare business in China's rural areas, a market which is seen as a new driver of growth for the Dutch multinational group.
Chery digs in for long haul in Brazil
Chery Automobile Co may see "insignificant" profit margins for the next decade in Brazil.
Esprit aiming to offload US and Canadian operations
New York - Esprit Holdings Ltd, the biggest Hong Kong-listed clothier, is exploring the sale of its US and Canadian operations, according to three people familiar with the matter.