HNA Group to Form Carrier JV with Dalian Government
HNA Group will also set up an investment unit in Dalian to build facilities including an office building and a logistics park.
CISA Agrees on Iron Ore Price Cut with FMG
Chinese steel mills will continue negotiations with the top three miners using the price agreed upon with FMG as a benchmark, CISA said.
Solar Power Prices Test a Downward Path
A successful tender for China's largest solar power project appears to be a market force victory over subsidized energy.
China to Freeze New Steel Project Approvals
Steel oversupply is a serious problem, with annual production capacity of 660 million tons far exceeding estimated demand of 470 million tons.
Reform in the Air for Chinese Broadcasters
TV and radio broadcasters are preparing to buy privately produced entertainment as state control undergoes a gradual change.
TPG, Hony, Legend Holdings to Invest in Wumart
Wumart will use the approximately US$200 million raised to fund acquisitions and expansion.
SDIC to Offer Cash Option for China Eastern, Shanghai Air Shareholders
China Eastern shareholders who do not want to enter into the deal can exercise a cash option that would grant them 5.28 yuan per A-share and HK$1.56 per H-share.
Hard Jolt for ESOPs in Power Sector Reform
Wrangling over employee-owned shareholding at China's power companies is ending as sector reform enters a new phase.
Shenhua to Build Coal Strategic Reserves
The NDRC has asked China Shenhua Energy to build 10 strategic coal storage facilities, which are expected to start operation by 2015.
Sichuan Deyang City Bank to Issue Subordinated Bonds
A Sichuan city commercial bank will issue subordinated bonds before China's banking regulator stops classifying subordinated debt as Tier 2 capital for banks.
Peaks, Valley for Shenzhen Property Market
Real estate investors and developers have been riding a dramatic roller coaster in Shenzhen. Will the latest upswing last?
Baosteel Hikes September Prices
Major steelmakers began increasing prices late in the first half in response to a pickup in demand driven by the auto and property sectors.
Upscale Flats and 'Weathervane' Shanghai
A sizzling market for luxury apartments in Shanghai is luring domestic investors seeking a safe haven in uncertain times.
Gome Ex-Chairman's Assets Frozen
Huang and his wife Du Juan allegedly organized a share repurchase by Gome so he could use the proceeds to repay a HK$2.4 billion personal loan.
Real Estate Comeback: Tenacious or Tenuous?
China's property market has bounced back nicely thanks to easy credit and government policy. But it looks like a bubble.
Rising Imports May Force Gas Price Reform
Pressure to implement a more market-based system will increase by the end of the year when a new pipeline linking central Asian countries to gas terminals in China becomes operational.
High-Level Nuclear Chief Taken into Custody
Party officials detained Kang Rixin of China National Nuclear Corp. Caijing learned the charges may include embezzlement.
China July Power Output Increases 4.2%
This is the second straight month that power output recorded positive growth after monthly year-on-year declines since October last year.
Vanke Beefs up Housing Starts, Land Acquisitions
Based on first-half sales, Vanke's housing inventories could be cleared within five months, said property market research firm Centaline China.
NDRC Considering Benchmark Solar Power Tariff
The government is expected to seek a balance between ensuring that solar power generators are viable, while keeping solar electricity costs competitive with other forms of clean energy.
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