Direct investment from China benefiting America
2011-05-13 15:01:43
Foreign direct investment from Chinese firms in the United States can create win-win situation, according to an article published by the Wall Street Journal on Thursday
Wealthy get fingers slapped for playing poor
2011-05-13 14:54:03
Some netizens are calling for tougher penalties after hundreds of applicants for low-income housing in this South China city used fake documents to cover up their wealth.
Hunan urged to align growth with environmental protection
2011-05-13 14:51:06
Senior Chinese leader He Guoqiang urged Hunan province in central China to play an exemplary role in building an "environmentally friendly society" while conducting an inspection tour in the province.
Alibaba clarifies decision on transfer of Alipay
2011-05-13 14:48:21
Alibaba is now clarifying its decision to transfer the ownership of its online-payment unit Alipay to a company controlled by Alibaba Group founder Jack Ma.
Goldman Sachs, Morgan Stanley set RMB funds
2011-05-13 14:46:50
Goldman Sachs and Morgan Stanley are now both set to launch private-equity funds denominated in renminbi.
Praise for helping European economy
2011-05-13 14:43:58
The European Union's foreign policy chief Catherine Ashton thanked China for its "continued involvement" in European sovereign bond markets, saying the confidence displayed by Beijing gave countries room to carry out economic reform.
Alert system for imported consumer goods
2011-05-13 14:38:19
China will set up its own alert system to report dangerous consumer products imported into its market, a visiting Chinese official said here on Thursday.
Large banks rein in credit supply
2011-05-13 14:35:51
China's state-owned banks have tightened credit supply as higher reserve requirement ratios and other credit controls rein in excess liquidity, China Business News reported on Thursday.
Vice-premier Li calls for safe global financial system
2011-05-13 14:30:35
Chinese Vice-Premier Li Keqiang on Thursday called for more balanced and equal partnerships and the construction of a secure fiscal and financial system to achieve global economic recovery and sustainable growth.
City defends policy to grab illegal property
2011-05-13 14:29:16
Housing authorities in Shijiazhuang, capital city of north China's Hebei province, said Thursday the policy they are mulling to confiscate illegally-built residential buildings and convert them into homes for low-income residents is mainly meant to regulate the property market.
Innovations that can ensure food security
2011-05-13 14:19:35
Chinese farmers and consumers are feeling the impact of fluctuating food prices. But instead of relying on just a few crops, farmers in China should diversify the crops they grow.
March buy of Japanese bonds biggest since 2005
2011-05-13 14:18:32
China purchased a net 234.5 billion yen ($2.9 billion) in long-term Japanese bonds in March, the biggest amount since January 2005, China Business News reported Friday, citing latest data released by Japan's Ministry of Finance.