Stocks stumble on concerns with bad debt
2011-07-07 09:44:32
Stocks on the Chinese mainland fell for the first time in three days on speculation bank loans to local government borrowers will hurt profit and the European debt crisis may worsen after Moody's Investors Service downgraded Portugal's debt.
Fiat recalls 1,223 imported autos
2011-07-07 09:42:35
Italian automaker Fiat will recall 1,223 imported vehicles in China's mainland from Wednesday to fix problems that could pose safety risks, China's quality watchdog said Tuesday.
Li Ning sees decline in H1 revenues, profit margin
2011-07-07 09:39:38
Homegrown Chinese sport brand Li Ning Co Ltd said it expected to see its revenues decline 5 percent in the first half of 2011 from a year ago as it moves to revamp distribution channels.
China's inflation expected to stabilize in H2
2011-07-07 09:28:15
After peaking in June at around 6.2 percent, China's inflation is likely to stabilize in the second half of 2011, said China Construction Bank International Securities Ltd.(CCBIS),a professional brokerage,here on Wednesday
Volkswagen introduces new model in China
2011-07-07 09:16:59
Volkswagen AG's Chinese joint venture began production of its new model of B-class sedan Magotan on Tuesday,according to the relevant sources within the company.
Gov't expecting good grain harvest in 2011
2011-07-07 09:15:25
Despite the unfavorable weather, the Chinese government is "confident" about a good grain harvest this year, a senior agriculture officer said on Wednesday.
China calls for attention to local debt
2011-07-07 09:10:00
The State Council, or the Cabinet, said Wednesday that local government debt is relatively heavy and has potential risks, which needs high attention.
Stocks stumble on concerns with bad debt
No state bailout needed for local debt
China to become largest economy: Economist
2011-07-07 09:03:05
China will surpass the United States as the largest economy in one to two decades, predicted a Chinese economist at a world economic congress Wednesday in Beijing.
Interestrates rise once again
2011-07-07 08:55:17
The central bank announced on Wednesday that it will increase interest rates, for the third time this year, by 25 basis points. The new rates take effect on Thursday.Timeline of monetary moves since 2010
China's inflation expected to stabilize in H2
Audi says mainland, HK H1 sales up 28%
2011-07-06 17:34:11
Volkswagen AG unit Audi AG said on Wednesday that it sold 140,699 cars in the Chinese mainland and Hong Kong in the first half, up 28 percent from a year earlier.
Sinopec, Henan CBM win 1st shale tender
2011-07-06 17:32:14
China has awarded two out of four shale gas blocks offered in its first auction of the unconventional gas resource, and Sinopec Corp and a provincial coal seam gas firm each won one block, a government official said on Wednesday.
Hong Kong stocks close down 1.01%
2011-07-06 16:59:32
Hong Kong stocks slumped 230.4 points, or 1.01 percent, to close at 22,517.55 on Wednesday.