China to cut RRR by 0.5 percentage points

2012-05-14 09:09:19

China will lower banks' reserve requirement ratio (RRR) by 0.5 percentage points starting May 18, the country's central bank announced Saturday.

Capsule safety scandal to put prices up

2012-05-14 10:01:48

Ru'ao town, in Zhejiang province, suddenly became famous in April - but for a pharmaceutical safety scandal.

Capsule crisis stirs the stock market

2012-05-14 09:01:13

A capsule scandal has been stirring waves in China's medical stock markets, with some seeing share prices doubling and others becoming basket cases.

China signs investment agreement with Japan, ROK

2012-05-14 03:54:08

China, Japan and the Republic of Korea agreed to launch the talks for a free trade area within this year.Hu meets ROK president, Japanese PM

Retailers report surging 2011 revenues

2012-05-14 09:12:14

China's top 100 retailers' sales revenues surged 20.9 percent year on year to 2 trillion yuan ($318 billion) in 2011, a report released Sunday said.

UC aims to be leading mobile browser in India

2012-05-11 09:37:47

UC Mobile Ltd said it hopes to grab the top spot in India's mobile browser market by next year, according to the company's chief executive officer.

Brakes hit foreign trade growth

2012-05-11 02:05:00

Trade growth slowed, increasing pressure on the government to implement further monetary easing.

CIC eyes opportunities for European investment

2012-05-11 09:26:57

The European debt crisis may have stopped China's sovereign wealth fund from investing in government bonds, but it will seek other high-return projects. 

Rise in crude oil imports slides to lowest this year

2012-05-11 09:30:59

China's crude oil imports in April rose 3.3 percent year-on-year to 22.26 million tons, the lowest so far this year.

'Big 4' auditors to become local firms

2012-05-10 17:11:04

The "Big Four" global auditing companies dominating the Chinese market will practise as local firms after their JV agreements expired.

Chinese banks nodded to expand in US

2012-05-10 10:22:11

The US Federal Reserve approved three Chinese banks to expand their business in US market.

NDRC lowers retail gas, diesel prices 3%

2012-05-10 09:07:26

China's top economic planning agency said on Wednesday it will cut gasoline and diesel prices by 3 percent per metric ton for the first time since October.