China's yuan rises 31 basis points to all-time high
2011-02-01 09:46:21
The central parity rate of yuan, the Chinese currency, rose to a fresh high Tuesday, according to the China Foreign Exchange Trading System.
Leading insurers guilty of 3b yuan fraud
2011-02-01 09:16:17
China's national auditor has revealed that two of the country's largest insurers committed financial misconduct involving more than 3 billion yuan ($455 million) in 2009.
China's stocks rise Monday
2011-01-31 16:19:53
Chinese stocks advanced for a fourth consecutive day Monday, led by strong water project-related shares on outlook of increased government investment.
Some bullish despite tightening
2011-01-31 15:17:46
While investors are concerned that rising inflation could lead to tightened market liquidity, some analysts are bullish about China's A-share market, saying that it is likely to rebound when speculators are convinced that inflation is well under the government's control.
Plan to supply land for houses falls short
2011-01-31 09:59:20
The central government did not achieve its goal of ensuring a certain amount of land was supplied for housing construction in the past year, according to a report released by the Ministry of Land and Resources on Saturday.
Shanghai property tax hard to gauge
2011-01-31 08:11:17
The trade volume of Shanghai's housing market slumped 40 percent on the first day of a new local property tax, and transaction volumes fell further over the weekend, according to figures from the Shanghai Real Estate Trade Center.
China Development Bank in fray for troubled German bank: Report
2011-01-30 14:34:00
State-owned China Development Bank is among the four final bidders to buy a large stake in stricken German lender WestLB in a deal that could be valued around $13 billion, the Wall Street Journal reported.
Automakers drive stock indices higher
2011-01-29 10:12:50
Stocks on the Chinese mainland rose, capping the benchmark index's biggest five-day gain in six weeks. That advance came as automakers and industrial companies rallied on speculation their shares are undervalued given the prospects for earnings growth.
CARs may be raised if credit growth surges
2011-01-29 10:00:54
China may order its biggest banks to raise capital ratios to 14 percent when credit growth is judged excessive.
Chinese banks' 2010 forex surplus tops $398b
2011-01-28 14:37:05
China's foreign exchange watchdog said Thursday that the surplus of Chinese banks' foreign exchange purchases to sales in client transactions increased 51 percent through 2010 to stand at $397.7 billion at year-end.
China, France preparing for monetary reform summit
2011-01-28 11:10:48
France is trying to engage China in a push to reform the international monetary system and is preparing for a high-profile international seminar on the topic in China at the end of March.
Banking regulator to release data on banking sector
2011-01-28 10:43:48
China Banking Regulatory Commission (CBRC), the banking regulator, said Thursday it would regularly publish statistics on the banking sector this year to provide the public better service.
