One Man's Struggle for Black Lung Justice
A brick maker spent nearly two years successfully pursuing the occupational disease compensation he – and others -- deserved.
CBRC Moves to Regulate Derivatives
China banking regulator's move can be viewed as the latest step to protect domestic banks from exposure to high-risk credit derivatives.
News PM August 6
Lenovo Posts Third Quarterly Loss; Jien Nickel Estimates H1 Net Profit Down 50%; TCL Labor Union Disposes 1% of its Shares; Private Enterprises Overburdened by Taxes
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.
China Mobile Hires CICC for Mainland Listing
China's largest telecom carrier has chosen China International Capital Corp as its underwriter, a step closer towards its mainland listing.
News AM August 6
Building Collapses, Newsmen Beaten; Food Poisoning Cases Rise in Q2; Wuhan Steel Hikes September Prices; Zhengzhou-based Real Estate Firm to Sell Bonds; Real Estate Loans Up in Q2
For Reform's Sake, Give Workers a Voice
A violent protest at a steel mill points a finger not at a privatization process but at the need for better worker-management dialogue.
News PM August 5
CITIC Returns to Shenzhen; Rural Income Growth Exceeds Expectations; Nuclear Manager under Investigation; Ctrip Bought Taiwan Online Travel Agent
Trial Probes Depth of BOCOM Loan Scam
While police hunt for a key suspect, a Guangzhou court is sorting out a scheme that may have cost the bank 9 billion yuan.
Blog: Demystifying Asia's Nuclear Weapons Plight
Japan's security establishment – and all of Asia – should applaud a new level of U.S.-Japan talks on regional nuclear deterrence.
Central Bank 1-Yr Bill Yields Keep Rising
China's central bank is steadily raising yields as it looks to absorb excess liquidity and reduce the risk of inflation.
Big Banks' July Lending Down Sharply
Industrial & Commercial Bank of China, the world's biggest bank by market value, disbursed around 33 billion yuan worth of new loans last month, down from 64 billion in June, sources said.
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.
News AM August 5
Shanghai Airlines Expects H1 Net Loss; Beijing Hyundai Plans Third Plant in China; Journalist Sentenced to Three Years in Prison
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.
Andy Xie: China Counts Down to the Next Bubble Burst
Naive retail investors and China itself will suffer a lot when the nation's overvalued property and asset markets collapse.
News PM August 4
Citic Securities to Purchase New Office Building; Chinalco Raises Alumina Price to 2,400 Yuan Per Ton; All Rural Residents Over 60 to Receive Pensions
CCB Denies Suspending Used Home Mortgages
China's secondary housing market has seen a rapid rise in transactions as many home buyers sought better value options as new housing prices continued to stay beyond the reach of many lower- and middle-income earners.
Macroreview: The Need to Rebalance both the Chinese and U.S. Economies
China's economy is recovering due to proactive fiscal and monetary polices while the U.S. economy is trying to recover primarily through structural adjustments. Like the United States, China should adjust its economy actively, rather than passively.
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