Dirty Secrets of a Bus Boss Emerge at Chongqing Trial
Prosecutors claim a private transportation empire was a ‘triad-like’ operation built on bribery and violence. But its wealthy owner says he merely followed ‘norms.’
News PM November 13
China Central Bank Sells US$ 10.2 Bln of 3 Month Bills; Baotou Steel Inks US$ 220 Mln Finance Leasing Deal with ICBC; Heavy Snowstorm in Hebei Province Causes Six Deaths
Chinese Shares up on Strength in Consumer Goods Companies
Consumer goods shares outperformed as strong October retail sales data, released Wednesday, continued to buoy the sector.
Costly Welcome Mat for Natural Gas Imports
What's now a chaotic natural gas pricing system is getting a makeover as imports arrive -- and consumers foot the bill.
News AM November 13
Liquidity Ample Despite Central Bank Draining Operations; Researcher Advises Against Importing Electric Car Parts; Chengdu Unveils Plan for Medical System Overhaul
News PM November 12
Consumer Prices Could Increase in November; China Oct. Industrial Output Up 16.1%; Crackdown on Sale of Non-Drug Products in Pharmacies
Wind Power Dilemma: Money Blows Away
Rapid, government-subsidized expansion of China's wind power industry has led to excess capacity and investment waste.
Shanghai Shares Flat as Profit-Taking Offsets Strong Consumer Shares
Consumer goods retailers and producers were among the top gainers, drawing support from stronger-than-expected October retail sales data released on Wednesday.
News AM November 12
China's October Exports Fall 13.8% Year-On-Year; China Shuts Down Fake Anti-H1N1 Masks Producer; Tencent to Continue Launching New Online Games
News PM November 11
Property Prices Continue to Rise in 70 Chinese Cities; Overseas Chinese Town Expects Net Profit to Increase; Ministry of Education Issues Warning For Overseas Students
Chinese Equities Ease on Weak October Loan, Investment Data
Chinese shares weakened on the lending data and slightly worse-than-expected fixed asset investment numbers.
China Oct. Retail Sales Up 16%
Driven by robust car and housing sales, China's retail sales accelerated in October.
China Oct. New Lending Drops Over 50% From September
New lending in October by Chinese commercial banks dropped to the lowest level of 2009 due to instructions from the central bank to rein in credit.
News AM November 11
China's Consumption Share of GDP Expands in October; Nokia China Says Ties with Supplier BYD Stable Despite Recall; Supreme Court Issues Judicial Interpretation for Money Laundering
Editorial: A Wrongheaded, Sheltered Start for ChiNext
The lesson from the ChiNext launch is as old as China's stock market: Too much regulatory protection leads to speculation.
Andy Xie: Why China and Japan Need an East Asia Bloc
Withering exports and asset bubbles have forced Asians – especially China and Japan -- to work harder at free trade pacts.
News PM November 10
CIC, China Life Each Subscribe to Over US$ 100 Mln Minsheng H Shares; China Vehicle Exports to Remain Weak in November and December; Beijing Municipality Copes with Heavy Snowfall
China Stocks up as IPO, Weak Miners Offset Economic Optimism
The property and vehicle sectors led the gains, helping lift the benchmark Shanghai Composite Index 0.1 percent to 3,178.61 points.
News AM November 10
China, IMF May Discuss Gold Deal; China Jan.-Oct. Vehicle Sales Up 38%; World Bank Urges Developing Countries Towards Low Carbon Economy
Economist: Leaving Old, Toothless Tigers in the Dust
Emerging markets are still the economies to watch now that the Asian Tigers have joined the boring, developed nations club.
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