Huawei to buy more from Taiwan

2011-07-20 09:47:28

Huawei, a leading information and communication technology solutions provider in the Chinese mainland, will increase purchases from Taiwan suppliers, said a senior manager Tuesday.

Chinese, Russian automakers form JV

2011-07-20 08:53:48

China's fifth largest automotive group, Beijing Automotive Group (BAIC Group), announced Tuesday the establishment of a joint venture with Russia's AMS Auto.

Internet population growth slows down

2011-07-20 09:03:11

First-half growth in the ranks of Chinese Internet users slowed to the weakest pace since the late 1990s, said a quasi-government organization.

Investors turning to big-city business properties

2011-07-20 09:56:53

Restrictions on home purchases are spreading to more second- and third-tier cities, analysts said on Tuesday.

Financial industry reports shortage of talent

2011-07-20 09:21:00

While regulations are being finessed for the launch of the Shanghai international board, attention is also being focused on one crucial element: a chronic lack of skilled financial professionals.

MOC creating consulting committee

2011-07-20 09:50:01

The Ministry of Commerce is establishing a policy consultancy committee to improve the process of drafting and implementing laws and regulations.

'China faces a dilemma' in US Treasuries

2011-07-20 09:25:02

China has "little choice" but to continue buying US Treasury bonds in the short term despite the potential risk of Washington defaulting on its obligations to foreign bondholders, analysts said on Tuesday.

Oil majors see losses in overseas investment

2011-07-19 15:32:25

Two thirds of three Chinese oil majors’ hefty overseas investments have sustained losses, the 21st Century Business Herald reported Tuesday, citing a report from China University of Petroleum.

Equities fall on European debt crisis, inflation worries

2011-07-19 10:59:09

Stocks on the Chinese mainland fell for the first time in four days on concern the nation's inflation rate will jump this month and the European debt crisis will curb demand for commodities and slow economic growth.

Citic Pacific shares plummet in HK

2011-07-19 11:24:49

Citic Pacific Ltd, an arm of China's biggest State-owned investment company, plunged in Hong Kong after saying the development of its $2.6 billion iron ore mine in Australia may cost 35 percent more than expected and also be delayed.

Railway ministry in 2-trillion-yuan debt

2011-07-19 13:54:02

China's Ministry of Railways (MOR) was 1.98 trillion yuan ($294.87 billion) in debt at the end of the first quarter of 2011, causing its asset-liability ratio to reach 58.24 percent, CNTV reported Tuesday.

NDRC approves Peugeot, Chang'an joint venture

2011-07-19 09:27:26

China's fourth-largest automaker, Chang'an Automobile Group, said on Monday that its joint venture with Europe's second-largest automaker, PSA Peugeot Citroen, was approved by the National Development and Reform Commission.