More investment will find its way into China's rural financial market as China's banking regulators plan to promulgate new rules on the mergers and acquisitions of small and medium-sized rural financial institutions. In a written speech to the fourth annual conference of China financial experts, vice chairman Jiang Dingzhi with the China Banking Regul...
Visitors at the ongoing Canton fair, China's largest import and export exhibition, are surprised to see a booth whose only adornment is a narrow door on a huge wall and a logo of the 2008 Olympics. A line under the logo says: Official leather footwear supplier of the 2008 Beijing Olympic Games. Curious foreign buyers are swarming through the narrow do...
Visitors at the ongoing Canton fair, China's largest import and export exhibition, are surprised to see a booth whose only adornment is a narrow door on a huge wall and a logo of the 2008 Olympics. A line under the logo says: Official leather footwear supplier of the 2008 Beijing Olympic Games. Curious foreign buyers are swarming through the narrow do...
China Petroleum and Chemical Corp. (Sinopec) and PetroChina. Co., the country's two leading oil refiners, will receive appropriate monthly subsidies for losses retroactive to April 1, the companies said in separate statements. Neither statement provided further details. Chinese oil refiners have been running losses as world crude oil prices surge ...
Chinese authorities destroyed 47.18 million pornographic and illegal publications on Sunday as part of an ongoing campaign to strengthen intellectual property rights (IPR) protection. The campaign, organized by the national anti-pornography and anti-piracy office and carried out in 31 provinces, autonomous regions and municipalities, marked an unprece...
Chinese carmaker Chery Automobile signed a joint venture agreement with Malaysia's Alado Corporation to set up a new company on Friday. We are creating a powerful new company with revenues expected to exceed 2 billion ringgit (636.94 million U.S. dollars) by 2011, Chairman of Alado Corporation Haji Musa said in Putrajaya, the administrative center of ...
China's securities regulator late Sunday ordered shareholders to sell stocks on the block trading system if they expect to sell a large amount of shares that were freed from the lock-up period. When more than one percent of a listed firm's total shares are sold within a month, the holders should use the block trading system, the China Securities Regul...
China completed its first road tunnel across the Yangtze River on Saturday in Central China's Wuhan City after more than three years of construction. The 3,609-meter, bi-directional four-lane road tunnel connects Wuhan's two major parts -- Wuchang, where government offices and universities are based, and Hankou, the business center. The tunnel will ...
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