News AM October 23
China Sept. Industrial Output Up 13.9%; HK-listed FU JI Food Operations Continue Amid Provisional Liquidation; China Diverts Yellow River to Ease Water Shortages
News PM October 22
China Re Jan.-Sept. Pre-tax Profit 4.6 Bln Yuan; Plans for National Coal Exchange in Beijing; Vice Premier Calls for US-China Cooperation on Clean Energy
Shanghai Index Slips amid Concern over Possible Monetary Tightening
The State Council said on Oct.21 that the government will also manage inflationary expectations, while keeping the economy growing relatively fast in the coming months.
Majority of Shanghai Media Group Restructured into Corporate Entity
Shanghai Radio & TV Station will retain broadcasting and news functions while its corporate unit Oriental Group will be responsible for production and advertising.
Central Bank Mulls over Loan Transfer Market
China's central bank is planning to build a national market within three years, where loans can be bought and sold.
News AM October 22
Urban Fixed-asset Investment Up 33.3%; China Sept. Crude Steel Output Up 28.7%; Three Sentenced to Death in Mafia-style Crime Trial
China Q3 GDP Growth Accelerates to 8.9%
China's economy grew 8.9 percent in the third quarter, its fastest pace in a year.
Loan Surge Sows Risk at Rural Credit Co-ops
Rural credit cooperatives are shunning farmers in favor of government investment projects, raising fears of future defaults.
News PM October 21
Beijing Capital Land Bonds to Start Trading in Shanghai; Shanxi Police Detain 24 Involved in Coalmine Killings; Central Bank Completes Auction of 45 Bln Yuan Bills
Shanghai Index Slides 0.45% on Profit-Taking
China International Capital Corp. said it expected the market to consolidate near the 60-day moving average of 3,033.67 points.
Chongqing Gang Cases Test Laws on "Mafia-style Crime"
The Chongqing gang cases provoke a debate over a criminal law related to gangs -- lawyers argue that gambling itself is an organized crime and not necessarily connected to Mafia-style gangs.
Caijing Survey Shows China Q3 GDP Growth at 9%
Accelerated industrial production, robust domestic consumption and rapid fixed-assets investment growth have combined to propel China's growth in the third quarter to its fastest pace in a year.
News AM October 21
Inner Mongolia Prison Break Ends with One Death and Three Captures; Hisense Kelon Confident of Regulatory Approval; China Q3 GDP Up 9.1%
Slow Start for Pension Investment Strategy
Huge pension funds locked in low-rate accounts could be used for more lucrative investments. But one plan's details are controversial.
Lotte's Acquisition of Time Ltd. to be Closed
South Korea's second largest supermarket chain Lotte is set to buy into Jiangsu-based retailer, helping its foray into the eastern China retail market.
Strong Insurance, Banking, Retail Sectors Drive Shanghai Index Up
Insurers were among the biggest gainers, after the regulator said they were estimated to have achieved an aggregate profit of 39.2 billion yuan in the first nine months.
News PM October 20
Kuwait China Investment Company to Set up Shanghai Investment Firm; China Gasoline, Diesel Prices Could Rise by 400 to 500 Yuan Per Ton; Chinese Engineer Arrested in Chicago for Stealing Auto Trade Secrets
Blog: Enhancing China-Latin America Economic Relations
Amid increased Chinese investment in Latin America, investment volume remains low. Exploring the economic relationship begins with an understanding of complementarity in export and import supply and demand between the two regions.
Police Detain Chief Suspect in Death of Steel Executive
Nearly three months after the killing of an executive, the prime suspect was detained.
News AM October 20
PICC Opens as Joint-Stock Entity After Restructuring; Wind Power Equipment-maker Goldwind Eyes World's Top Five Spots; China to Stop Mandatory Hepatitis B Tests
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