National Pension Fund To Buy Bank Stakes
[2009-02-26]
China Development Bank and Agricultural Bank might receive fresh capital from the pension fund.
Bank Acceptance Motivates Loan Activity
[2009-02-26]
Caijing economist Lu Lei expects banks and companies that need loans to continue using bank acceptance drafts through 2009.
Draft Loans Policy May Expose Banks to More Risk
[2009-02-26]
The minimum capital requirement to secure a loan will be lowered from 20-35 percent to 12-21 percent of the total investment.
Banking Regulator Halts Bad Asset Securitization
[2009-02-26]
The regulators are worried about a negative response as the U.S. subprime crisis continues to cast a shadow over the market.
China Speeding up Overseas Acquisitions
[2009-02-24]
Chinese companies are increasingly stretching their influence into foreign natural resources, with Australia as the top target.
Shanghai Sets Out Financial Hub Blueprint
[2009-02-24]
A fund would also be set up to support projects in areas such as financial innovation, professional and industry development.
Steel Futures Get Thumbs Down From Producers
[2009-02-24]
Local steelmakers say they don't need to hedge losses on Shanghai exchange.
Bureau Boosts Aluminum Stockpile
[2009-02-23]
State buys 300,000 tons of ingot to lift demand, stabilize prices
Hangzhou To Add 1 Billion Yuan In Consumption Vouchers
[2009-02-20]
Local governments across China have been issuing consumption vouchers to residents in an effort to unlock some of the country's massive savings and help slow the current economic downturn.
China Mulls Price Hike For Hydropower
[2009-02-20]
Low prices are hindering the sound development of the hydropower industry, said China's energy chief.
Controls on Iron Ore Imports
[2009-02-19]
The country imported more iron more than needed in 2008.
No Capital Flight from China
[2009-02-18]
Chinese officials admitted to a small increase in capital outflow but see no evidence of a massive exit.
China Minmetals Corporation to Buy OZ Minerals
[2009-02-17]
The acquisition is priced at 50 percent premium over OZ last trading price and will help OZ to cut down debt.
Chinalco's President Steps Down to Take State Office
[2009-02-17]
After inking a US$19.5 billion investment deal with mining giant Rio Tinto, the Chinese aluminum giant changed leadership.
China's Shipbuilding Industry Faces Challenges Ahead
[2009-02-11]
Falling order volume, order cancellations, and financing problems spell trouble in 2009 for China's shipbuilding industry.
China to Purchase European Technology
[2009-02-09]
In its upcoming purchasing tour in Europe, China will focus on equipment and machinery that support its 4 trillion yuan stimulus plan.
Chinese Carmakers Bidding for Volvo
[2009-02-06]
Chinese automakers Chery, Geely and Changan might cast a bid when Ford Motors sells off Volvo this month.
Jittery Welcome for China's Fledgling 3G
[2009-01-21]
Now that 3G licenses have been awarded to three telecoms, China faces tough questions about the technology's future.
Citic Securities to Write Down Investment Losses
[2009-01-16]
Citic Securities will write down assets in its portfolio that have shed 50 percent or more of their value.
Conservative Credit Growth Targets for ICBC and CCB
[2009-01-16]
Industrial and Commercial Bank of China (ICBC) and China Commercial Bank (CCB) are each aiming to give out 500 billion yuan in new credit.
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