China raises bank reserves to contain inflation
2011-06-14 17:12:08
China's central bank Tuesday lifted the ratio of funds that banks must set aside as reserves by a half point as it attempts to contain rising inflation.
AmCham lists six consumer trends in China
2011-06-14 17:10:49
The American Chamber of Commerce in Shanghai (AmCham Shanghai) released on June 13 a report revealing the six fundamental trends impacting the consumer market in China, China Business News (CBN) reported Tuesday.
China's May electricity use up 10.8%
2011-06-14 17:10:25
China's electric power consumption in May rose 10.8 percent year on year to reach 386.5 billion kilowatt-hours (kWh).
More rich Chinese choose investment immigration
2011-06-14 17:09:51
More than 6,000 people from the Chinese mainland received immigration visas from the United States, Canada and Australia in 2010, the Beijing News reported Tuesday.
Macquarie, Everbright say China infrastructure fund hits $729m
2011-06-14 16:45:00
Macquarie Group and China Everbright Ltd said they had secured nearly half a billion dollars from global investors for a Greater China infrastructure fund.
High food, fuel prices threaten Asia's gains
2011-06-14 16:26:42
Asia and the Pacific, more than any other region in the world, will experience greater transformation and change in the coming years, as the region's economic strength plays a greater role in the global economy and its people struggle to overcome the burdens of poverty, hunger, natural disasters and social inequalities.
ChiNext Index closes up
2011-06-14 16:23:04
The ChiNext Index, launched by the Shenzhen Stock Exchange (SZSE) on June 1, 2010, rose 9.11 points, or 1.10 percent to 838.47 on Tuesday.
China May steel output hits record but daily rate falls
2011-06-14 16:22:38
Crude steel output fell to 1.94 million tons a day from last month's peak of 1.968 million tons, but the industry still expects production to remain high until a seasonal lull in demand hits in July.
China stock index futures close up
2011-06-14 16:12:55
China's stock index futures closed up on Tuesday with the contract for June, the most actively traded, up 34.4 points, or 1.17 percent, from the previous day to 2,984.0.
China Everbright Bank plans $6b HK IPO
2011-06-14 16:09:40
Mid-sized lender China Everbright Bank Co Ltd plans to raise about $6 billion in a Hong Kong initial public offering, Asia's biggest so far this year, braving choppy equity markets that have dampened demand for new issuances.
China trade buoys confidence of New Zealand firms
2011-06-14 16:04:40
Ninety percent of New Zealand's privately owned businesses are expecting positive growth in the next year partly thanks to significant optimism in trade with China.
China hikes reserve requirement ratio again
2011-06-14 16:01:15
China hikes bank's reserve requirement ratio by 50 basis points.