Stocks decline on profit-growth worries
2011-05-28 09:32:39
Stocks on the Chinese mainland fell on Friday, extending the benchmark index's biggest weekly drop in 11 months. The decline came after a report showed profit growth slowed among industrial companies and concern intensified that inflation will accelerate this month.
AB InBev to increase Chinese investment
2011-05-28 09:25:58
Anheuser-Busch InBev NV (AB InBev), the world's largest brewer by sales, will dramatically increase its investment levels in China this year, in a bid to expand its footprint in the country, according to the company's top executive.
US: China not manipulating currency
2011-05-28 09:12:44
The US Treasury Department said in a report released on Friday that China was not manipulating its currency.
SAFE simplifies capital account management
2011-05-28 09:10:50
China's foreign exchange regulator announced Friday that it will simplify some procedures regarding the management of capital accounts in a bid to encourage trade and investment.
SAIC green lights 'green' cars
2011-05-28 09:04:01
SAIC Group, the largest car maker in China in terms of sales and revenue, will set the pace in the new-energy vehicle segment by launching mass-produced pure-electric and fuel-cell cars during the period of China's 12th Five-Year Plan (2011-2015), said a company executive.
China battles power shortage for summer's peak
2011-05-27 15:37:42
China will face its most severe power shortage this summer. Some regions are already facing power blackouts even before the peak season for power consumption arrives.
China ranks top 30 auto companies in 2010
2011-05-27 17:26:16
China on Friday unveiled a list of the country's top 30 auto companies in 2010, including 14 state-owned enterprises, 13 privately-owned companies, and three three-way ventures.
Christie's Hong Kong Spring sales ready
2011-05-27 17:14:11
Christie's Hong Kong Spring sales of Important Chinese Ceramics and Works of Art, to be held on June 1, 2011 at the Hong Kong Convention and Exhibition Center, will present over 450 rare and exquisite Chinese imperial ceramics and works of art, valued at close to HK$1 billion.
Chinese firm starts upgrading roads in Fiji
2011-05-27 17:11:51
A road ground-breaking ceremony was held in Fiji's Sigatoka Valley on Friday with Fijian PRIME Minister Commodore Voreqe Bainimarama drove an excavator to open the Chinese-constructed project of road upgrading for local villages.
Coal mine construction in west a top priority
2011-05-27 17:07:21
The National Energy Administration set plans for the construction of more coal mines in West China during the 12th Five-Year Plan period (2011-2015), Shanghai Securities News reported Friday.
Hong Kong stocks close 0.95% higher - May 27
2011-05-27 16:42:43
Hong Kong stocks gained 217.28 points, or 0.95 percent, to close at 23,118.07 on Friday.
Beijing-Shanghai flights punctuality improves
2011-05-27 16:34:21
A total of 72.9 percent of scheduled flights from Beijing to Shanghai have been on time over the past week, a senior aviation official said Friday.