Bank of China allows US customers to trade yuan
2011-01-12 09:58:39
State-owned Bank of China Ltd has opened trading in the yuan currency to US customers, according to a posting on the bank's website dated December 2010.
Living in the lap of luxury
2011-01-12 09:44:28
Luxury-brand awareness is growing among China's super rich, who recognize 20 percent more of the lavish brands than they did last year, according to the Hurun Report, released on Tuesday.
China's new yuan loan growth to slow in 2011: BoCom
2011-01-12 09:36:22
China's bank lending growth is expected to continue decelerating in 2011, as the government continues to tighten monetary policy, notably in mortgages, a bank report said on Tuesday.
Banks to trim loan size in 2011
2011-01-11 17:37:32
Some Chinese banks plan to reduce the size of their loans by 10 to 20 percent this year, even though China's central bank has not clarified policies for 2011, the 21st Century Business Herald reported Tuesday.
Hong Kong stocks close 0.99% higher -- Jan 11
2011-01-11 17:20:33
Hong Kong stocks went up 233.08 points, or 0.99 percent to close at 23,760.34 on Tuesday.
China stock index futures close up -- Jan 11
2011-01-11 15:55:58
China's stock index futures closed higher Tuesday with the contract for January, the most actively traded, up 0.26 percent from the previous trading day to end at 3,140 points.
China's stocks close up -- Jan 11
2011-01-11 15:54:51
China's stocks rose slightly Tuesday with the benchmark Shanghai Composite Index up 0.44 percent, or 12.24 points, to finish at 2,804.05 points.
China 2010 insurance premiums likely up 33% y-o-y
2011-01-11 15:53:41
China's total insurance premiums likely rose 33 percent year-on-year to 1.47 trillion yuan ($222.73 billion) in 2010, the industry regulator said Tuesday.
Wenzhou tests individual ODI to cool inflation
2011-01-11 14:22:07
A move by the city of Wenzhou to allow individual investors to make direct overseas investment is the Chinese government's latest step to cool the surging inflation prevailing in the country and ease currency appreciation, experts say.
Cash inflows usually legitimate
2011-01-11 11:02:07
China didn't witness large amounts of "hot money" flowing into the domestic market and the pressure of a speculative capital influx should not be exaggerated, said a senior official at the State Administration of Foreign Exchange.
China's new yuan-denominated loans hit 7.95t yuan in 2010
2011-01-11 10:44:17
New yuan-denominated lending in China reached 7.95 trillion yuan ($1.2 trillion) last year, the People's Bank of China (PBOC), the central bank, said Tuesday.
China's PE market rebounds amid IPO boom in '10
2011-01-11 10:12:16
China's private equity market rebounded last year with the number of funds launched and deals both rising to record levels as an IPO boom lured investors into an industry once hit by the global financial crisis, data showed.
