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Chinese settle on London as prime location

2010-08-09 09:32:39

China's new rich now want to splash out millions to buy property in London, one of the most expensive cities in the world.

China issues new rules on insurers' investment

2010-08-06 08:55:49

China's insurance regulator issued detailed rules on Thursday governing how insurers invest their profits, which reiterated the ban on direct investment in property development and specified the ratio of funds.

Blazing cars spark new policy interest

2010-07-29 14:26:18

With several high-profile auto fires in the news recently, car drivers are being reminded of the importance of insuring themselves against such a disaster.

More 'credit card slaves' trapped by crushing debt

2010-07-21 17:05:32

Since 1985 when the Bank of China issued the first credit card in the country, the availability of credit has rapidly expanded, especially during the last decade.

Farmers harvest benefits of micro-credits

2010-07-19 10:30:56

Agricultural Bank of China (ABC) loaned 82.9 billion yuan ($12.23 billion)in micro-credit to Chinese farmers in the first three months of the year, compared with 67.3 billion yuan in the whole of 2009.

Flood damage insurance is a washout

2010-06-24 08:59:04

The number of cars sustaining engine damage due to heavy rain is swelling dramatically in Beijing, but only a small number of car owners opt to buy flood damage insurance.

Overseas IPOs to let investors tap into Mongolian resources

2010-06-17 10:41:21

Mongolia's plan to privatize its state-owned assets will allow international investors access to some of the world's largest untapped mineral resources through initial public share sales, most likely in Hong Kong.

Patter of tiny feet not welcome until income secured

2010-06-16 09:35:30

Survey finds geographical diversity in couples' choices for planning a familyMore and more residents in both urban and rural areas are holding off on having a child because of financial concerns, according to a recent survey.

China UnionPay cards accepted in more Canadian ATMs

2010-06-16 09:19:07

China's bankcard association, China UnionPay (CUP), announced Tuesday that all 2,600 ATM machines of Canada' s Scotiabank have begun accepting CUP cards in Canada.

Wenzhou investors turn to real economy

2010-06-10 17:32:28

Wenzhou investors, who are known in China for their sharp sense of business and investment, are turning their focus to the real economy as the stock market becomes bearish and the property market is tightened by a series of government policies, the 21st Century Business Herald reported.

Higher taxes for rich, better wages for poor

2010-06-10 13:46:58

Wang Shuixiong, an associate professor from the School of Social Sciences at Renmin University of China, spoke to METRO about why the resident income growth is lagging behind an increasing GDP.

Premier sales team hopes to rebuild real estate industry

2010-06-10 13:19:04

An exclusive real estate agency is promoting an even more exclusive sales team following its official launch on Tuesday.

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