Mongolia said on Thursday that it has reduced the number of shortlisted bidders seeking to develop the prized Tavan Tolgoi coking coal mine to three and that Chinese and Russian groups are still in the running.
As part of China's nine-month campaign to combat the infringement of intellectual property rights (IPR), the nation has implemented legalization of the software in its 135 central authorities, said the Ministry of Commerce on Friday.
Chinese ports will remain the busiest in the world this year, although sluggish economic recovery in the United States and the European Union (EU) will dent their container volume growth, according to an outlook report by the Chinese Academy of Sciences.
The mid-sized listed developer Beijing Capital Development Co is under pressure to cut new home prices later in 2011 to support sales and ride out China's property tightening measures, a senior executive said on Friday.
China's monetary policy will remain tight for the rest of the year but the risk of a "hard landing" for the economy is small, the top-ranked brokerage China International Capital Corp (CICC) said on Friday.
Most stocks on the Chinese mainland rose on Friday, capping a second week of gains for the benchmark index. The advance came on speculation the government will refrain from raising interest rates after manufacturing expanded at the slowest pace since February 2009.