CBRC weighs debt extensions

2012-02-14 09:07:22

The China Banking Regulatory Commission is considering long-term extensions of bank loans to local governments, a CBRC official told China Daily on condition of anonymity.

Eurozone downgrades 'won't deter' investment

2012-02-15 09:31:19

Though another wide-ranging ratings downgrade for eurozone countries is further dampening investor confidence, it also offers opportunities for China to participate in Europe's rescue plan, economists said. 

Talks on mega-carrier access open in Brazil

2012-02-15 10:01:19

China and Brazil are negotiating access to Chinese ports for the fleet of giant vessels owned by the miner Vale SA. 

Borrowers face costly payback

2012-02-14 07:56:36

Death sentence for ex-tycoon fuels debate over private lending, report Li Jing and He Na in Beijing, and Xu Junqian in Zhejiang.

VC, PE firms show appetite for food industry

2012-02-14 10:24:59

As the Chinese become richer and pay more attention to the quality of food, venture-capital and private-equity companies have started to invest in the country's agricultural sector and cultivate food products' brands.

China's aviation giant to expand fleet

2012-02-14 10:07:08

A major Chinese aviation group said Monday it will expand its aircraft fleet and boost revenues to become a global carrier by 2015 as the country's aviation industry grows.

Online luxury market soaring

2012-02-14 09:45:02

The turnover of China's online luxury market has exceeded $1.59 billion and the market is likely to continue expanding at a year-on-year increase of 30 percent over the next several years.

Machinery sector facing friction

2012-02-14 09:17:52

The growth of China's machinery exports will slow this year because of the weakening global economy and increasing protectionism in developed countries.

Wuhu scraps week-old housing policy

2012-02-14 09:15:03

A third-tier city in eastern Anhui province has called an abrupt halt to a housing policy that was announced only last week.

Wen: Giant State firms need private investment

2012-02-13 09:31:36

Chinese Premier Wen Jiabao pledged to adopt further measures to encourage private investment in monopoly industries to address problems with China's economic structure.

Hainan mulls tax on vacant homes

2012-02-13 09:50:17

Political advisers in South China's Hainan province urged authorities to levy taxes on vacant homes in popular travel destinations to discourage speculation and cool the island's overheated property market.

US short-sellers muddy the waters

2012-02-13 08:03:00

Convergence of accounting rules could help firms lose 'fraud' label.