CNOOC's new oil spill in Bohai Bay

2011-07-13 09:52:56

A new oil leak was reported in northern China's Bohai Bay, the third since June.

China's infant formula market faces shake-up

2011-07-13 10:36:42

A plan by Pfizer Inc to shed its nutrition unit, which includes the major infant formula milk maker Wyeth LLC, could shake up the market for this baby product, industry analysts said.

Chinese funds create more jobs in UK

2011-07-13 10:35:49

Chinese investors created approximately 1,500 jobs in the United Kingdom in the year ended March 31. That's twice the number for the previous year, despite a drop in the number of projects under investment, according to the government body, United Kingdom Trade and Investment (UKTI).

Dagong is likely to downgrade US rating

2011-07-13 09:36:51

The US' sovereign credit rating is likely to be downgraded regardless of whether the US Congress reaches an agreement on raising its statutory debt limit, the Chinese rating agency said.

China's economy at the crossroads

2011-07-13 09:40:52

It seems more evident than ever that the Chinese economy is at a critical crossroads, with inflation soaring to the highest level in three years while other economic indicators point to a slowdown in growth.

Power goes out again on new railway

2011-07-13 09:27:32

More than 30 bullet trains were brought to a halt by a power failure on the Beijing-Shanghai high-speed railway on Tuesday.

Forex hike suggests influx of 'hot money'

2011-07-13 09:17:20

China's foreign exchange reserves rose by a faster-than-expected 30.3 percent year-on-year by the end of June to reach $3.2 trillion, a possible indicator of an increasing inflow of "hot money", analysts said.

Sogou to overtake Google in China market

2011-07-12 14:39:11

Sogou, the search engine unit of Chinese Internet company Inc is aiming to overtake Google Inc by market share in China within a year in the wake of the U.S. company's decision to pull out of the world's biggest web market.

Labor market may see turning point in 2013

2011-07-12 13:18:11

China's labor market is expected to reach a turning point in 2013 as a result of the family planning policy and the aging population, the Allianz Group said in a recent report.

Time to let off steam

2011-07-12 11:09:25

After the pressure cooker of national exams, students are making the most of the summer vacation in a variety of ways.

Dagong downgrades Italy's credit ratings

2011-07-12 10:29:56

The Chinese rating agency Dagong Global Credit Rating Co Ltd put Italy on its "negative" watch list in a report released on Monday.

Wen pushes to contain pork prices

2011-07-12 09:22:19

Premier Wen Jiabao told government departments to take immediate measures to support pork production and increase supplies to prevent a surge in the price of the meat, a key factor pushing up China's inflation rate.