Toyota to resume production in China in June
2011-05-12 10:05:05
Toyota will resume operations in China in June, two months earlier than expected, Toyota Motor (China) Investment Co announced Wednesday.
ABB benefits from green policy
2011-05-12 09:59:17
ABB Group is poised to invest $100 million in China this year as it sees abundant opportunities arising from the government's policy to increase energy efficiency in the country's 12th Five-Year Plan (2011-2015), said ABB's top executive.
China's Jiayuan.com falls on Nasdaq debut
2011-05-12 09:53:48
Jiayuan.com, China's biggest dating website, fell on its first day of trading at the Nasdaq stock exchange.
RMB development in HK not to pose risks to mainland
2011-05-12 09:47:06
Renminbi business development in Hong Kong, with relatively limited renminbi deposits, will not pose risks to financial stability on the mainland, said K. C. Chan, secretary for financial services and the treasury of the city government on Wednesday.
6,599 Ford Mondeo-Zhisheng recalled over flawed cables
2011-05-12 09:43:46
China's quality control authorities said 6,599 Ford Mondeo-Zhisheng automobiles with defective power cables will be recalled starting Wednesday.
ICBC's small business lending Q1 balance surges 53.5b yuan
2011-05-12 09:42:20
Industrial and Commercial Bank of China (ICBC), the country's largest bank, said Wednesday that the balance of its lending to small businesses surged 53.5 billion yuan ($8.24 billion) in the first quarter of 2011.
Firms warn against bad debts in overseas trade
2011-05-12 09:35:59
Chinese enterprises should adopt stringent measures to safeguard against bad debts, as the proportion of non-performing assets is rising among companies involved in overseas trading, experts said on Wednesday.
CAAC encourages carriers to change
2011-05-12 09:25:19
China's civil aviation authority on Wednesday encouraged the country's airlines to add more wide-body jets to their fleets.
Gezhouba to build, operate Indonesian hydropower plant
2011-05-12 09:21:14
China Gezhouba Group Corp, the parent of the Three Gorges Dam builder, plans to invest $1 billion to build a hydroelectric power plant in Indonesia's Sulawesi Selatan province.
Boeing to double Chinese procurement by 2015
2011-05-12 09:17:31
US aircraft maker Boeing expects to double its purchasing of raw materials and services from Chinese suppliers by 2015, said the general manager of Boeing's parts factory located in China's northern industrial city of Tianjin.
China to float 32.5b yuan in book-entry T-bonds Thursday
2011-05-12 09:15:53
China's Ministry of Finance (MOF) said on Wednesday it will float 32.52 billion yuan ($5.01 billion) in seven-year book-entry treasury bonds starting Thursday.
Citizens feel inflation biting hard
2011-05-12 09:13:42
To many city dwellers in China, inflation is not just a set of official figures. Rising prices of food and daily necessities are having an effect on the wallets of the Chinese.