CBRC Opens Inspection Office
The inspection office have to keep both the number of cases and amount of money involved in banking violations no more than 2008.
Auditor General Calls for Political Reform
Liu Jiayi, China's Auditor General, said business violations in 2008 were not standalone cases but rooted in common problems in China's political system.
Decoding the 1.6 Trillion Enigma
January's extraordinary loan growth might have increased household savings and poured funds into the stock market.
News AM February 23
Fosun Increases Stake in Focus Media, China Venezuela Signs Energy Agreement, CIRC Scrutinizes Risk in Unit-linked Products, Fiery Mining Explosion Kills 74
China Eyes Upstream Oil Market in Russia
A partially floating interest rate was adopted in the latest oil loan deal between China and Russia. Further cooperation may be negotiated later this year.
Another Day, a New Overhaul Plan for AJ
After several false starts, the indebted financial firm Shanghai AJ Corp. is traveling the rocky road to restructuring once again.
Central Bank, CBRC to Probe Lending Spike
Banking regulators will investigate lending and the central bank will probe notes financing following January's credit surge.
February Lending growth to contract sharply from January
CICC projected nationwide credit growth to reach 600 billion yuan in February, way down from January's 1.62 trillion yuan.
U.S. FDA Denies It Approved Mengniu Additive
Contrary to Mengniu'[s claims, the U.S. FDA said it hasn't granted safety approval to an additive used in Mengniu's milk products.
Cloning Researcher Faces Test of Integrity
A scientist who says he pioneered human embryonic cloning in China is embroiled in controversy over his results and credentials.
News PM February 20
U.S. FDA Denies Mengniu Claim, Xinjiang to Invest 6 Bln in Farmland, China, Brazil Sign Oil Deal, GD Power Wins Control of Yinglite Electric
Hangzhou To Add 1 Billion Yuan In Consumption Vouchers
Local governments across China have been issuing consumption vouchers to residents in an effort to unlock some of the country's massive savings and help slow the current economic downturn.
Fair Value Knocks at Disclosure's Door
A global debate over accounting standards has led to changes that may widen investor access to financial data from Chinese firms.
Five More Arrests in TV Station Fire
Five new suspects have been arrested who police say helped transport illegal fireworks that caused the catastrophic fire.
With a New Strategy, Lenovo Comes Home
As global sales and market share decline, computer maker Lenovo has put a Chinese team in charge and changed its focus.
China Encourages Overseas Mining Acquisitions
With resource prices on their way down, China is helping domestic enterprises buy into foreign mines, securing raw supplies to fuel its economy.
China Mulls Price Hike For Hydropower
Low prices are hindering the sound development of the hydropower industry, said China's energy chief.
Tears, Fears for China's Property Gamblers
High-stakes financing that looked great before the property market bust is now threatening to cripple major Chinese developers.
News AM February 20
China Offers Credit Support to Petrochemicals, China to Stimulate Light Industry, FDA Denies OMP Approval, China Launches Steel Futures
Activity Surge for QFII Funds, Stock Trades
Foreign investors playing the A-share market through China's QFII program are seeing higher returns as trading volumes jump.
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