Standard Chartered Becomes First Foreign Bank for Yuan Settlement
[2009-09-01]
Cross-border yuan settlement in Shanghai has exceeded 39 million yuan since early July.
News PM September 1
[2009-09-01]
China Pacific to Focus on Insurance; Sinopec Sets up Joint Venture with Mitsubishi; Sichuan-Tibet Railway to Start Soon
China Trade Surplus with EU Erodes
[2009-09-01]
Weak demand from the EU, China's biggest trading partner, led to a big drop in China's trade surplus with the region.
China Papers to Become Corporate Entities by End-2011
[2009-09-01]
China's newspapers get a rewrite as many of them will become real businesses in about two years.
News AM September 1
[2009-09-01]
Four Biggest Banks Lend Less in August; Suning Appliance to Open Hong Kong Stores; Qinhuangdao Port Coal Prices Rise
News PM August 31
[2009-08-31]
China Stocks See Largest Daily Drop for 2009; China Merchants Bank Expects Recovery; iPhone Comes to China on Sept. 28
China Pacific H1 Profit Down 57%
[2009-08-31]
Falling investment returns dragged down first-half net profits for China's third largest insurer.
Mengniu Reshuffles its Board
[2009-08-31]
With two new big investors on board, China Mengniu reshuffled its board of directors accordingly.
Shenzhen Exchange Reins in Derivative Investments
[2009-08-31]
The Shenzhen bourse released a new rule on the disclosure of derivative investments to protect the interest of investors.
Industrial Profits Down 17% in First Seven Months
[2009-08-31]
China's rubber industry posted a top profit growth of 34 percent among 39 industries surveyed by the statistics agency.
News AM August 31
[2009-08-31]
China to Launch Regular Taiwan Flights; Youngor H1 Net Profit Down; CITIC Bank Expects Slow Lending Growth
China's SOEs May Terminate Commodities Contracts
[2009-08-28]
Any such move would be a major blow to investment banks which service commodities hedging operations for Chinese SOEs on the international market.
China Unicom to Launch iPhone on the Mainland
[2009-08-28]
Apple's iPhones will be available to China's customers later this year.
News PM August 28
[2009-08-28]
BOC Sheds U.S. Mortgage-backed Debt; Two Insurers Fined by Regulator; Former Shenzhen Mayor Dismissed from Legislature; PetroChina H1 Net Profit Down
China Re to Take 1.5 Bln Shares in Everbright Bank
[2009-08-28]
China Re invested 3.3 billion yuan for a 4.5 percent stake in the bank, but will not seek seat in the bank's board.
China Telecom to Raise Mobile Subsidies to 37%
[2009-08-28]
The number of China Telecom's 3G users is growing at a rate of 20,000 per day.
BOC H1 Net Profit Down 2.5%
[2009-08-28]
Bank of China, the market leader in foreign currency-denominated business, undertook a strategic shift to enhance its domestic business in 2009.
News AM August 28
[2009-08-28]
China Approves Law Governing Armed Police Force; BOC Mulls Raising Capital; China Complies with WTO Ruling on Auto Parts; Beiqi Foton H1 Net Profit Up
Economist Predicts Money Supply to Rise Sharply
[2009-08-27]
An economist predicts that the central bank is not likely to meet its money supply growth target.
News PM August 27
[2009-08-27]
Bank of Beijing H1 Net Profit Flat; Wuhan Iron Plans to Issue New Shares; BOE to Build China's First 8G TFT-LCD; Midea Names New Chairman
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