Key Bank Pushes Yuan Trade with Vietnam
[2009-01-16]
A China-Vietnam trade proposal reflects an ongoing effort to expand the yuan's influence for international settlements.
News AM January 16
[2009-01-16]
China Merchants Bank Takes Over Wing Lung, Shanghai Banks Report High Profits, Citic Increases Write-Downs, Water Cutoff for 18 Hours in Shanghai, 410,000 Accidents in 2008
CSRC Said to Launch Growth Market in 2009
[2009-01-15]
The State Council approved the growth market proposal, giving way for smaller IPOs.
Ponzi Case Raises Death Penalty Questions
[2009-01-15]
Do financiers tied to all sorts of investment fraud, 'underground banking' and private borrowing deserve to be executed?
News PM January 15
[2009-01-15]
China Reduces Number of Toll Roads, China Sign Oilfield Deal with Iran, Hangzhou Doles Out Shopping Coupons, PICC Paid 946 Million Yuan for Snow Storm Compensation, China to Detail Accounting Standard
China Eastern to Sell Stake in Joy Air
[2009-01-15]
After big losses in 2008, the airline might cash out its stake in Joy Air, as well as drop some planned investments.
The Sanlu Trial: Diary of a Dairy Disaster
[2009-01-15]
Trials for more than 20 executives, middlemen and dairy farmers exposed the ugly depth of China's melamine-tainted milk scandal.
News AM January 15
[2009-01-15]
RBS Sells Its Stake in BOC, Growth of Forex Reserves Slows, Financial Crisis Taking Toll on Shanghai, Incentive for Auto Industry, Gasoline, Diesel Prices Cut, No More Fuel Surcharges on Domestic Flights
China Bullish on Real Estate, Derivatives
[2009-01-15]
Government official Li Jiange says the credit crisis has not upset China's real estate market nor hampered financial innovation.
News PM January 14
[2009-01-14]
Mafia Leader in Liaoning Receives 20 Years, 2007 GDP Growth Amended to 13 Percent, Government to Inspect SOE's Investments, China Railway Construction to Sell Bills
Investment Slows in Shanghai Property Market
[2009-01-14]
The gloomy performance of Shanghai's property market has discouraged investment in the sector, say local experts.
CAS Launches Solar Energy Plan
[2009-01-14]
The Chinese Academy of Sciences announced plans to crank up solar energy usage across the country.
Sanlian Sues Gome over Suspicious Auction
[2009-01-14]
Sanlian Commercial claims that an auction of equity in its subsidiary was rigged to let Gome take over the company.
Xiamen PX Project Moving to Zhangzhou
[2009-01-14]
A Xiamen chemical project that got bogged down in controversy might relocate to the Zhangzhou.
Banks Urged to Bolster Provision Ratios
[2009-01-14]
Regulators want China's listed banks to weather the current financial storm with the right bad debt provision ratios.
China Relaxes Loan Restructuring Terms
[2009-01-14]
A regulatory revision will let companies impacted by the financial crisis extend payback periods for commercial bank loans.
News AM January 14
[2009-01-14]
BYD Set to Tap American Auto Market, Tencent Chairman Continues Share Sale, China Southern Names General Manager, Sanlu Started Creditor Registration, Internet Game Industry Revenue Grew 77%
New Hope for Market-Based PE in China
[2009-01-13]
China is widening a path for market-driven private equity funds after struggling for years with its 'industrial fund' model.
CBRC to Adjust Credit Supervisory Policies
[2009-01-13]
China's banking regulator announced plans for loan restructuring, more bridge loans, and to increase overall lending.
News PM January 13
[2009-01-13]
Foreign Investors Buy Discounted A-Shares,China Export Growth Slowed in 2008, China Exported US$ 738 Mln of Tobacco, China Has 298 Mln Internet Users, China Issues Five-point Statement on Middle East
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