Shenzhen-listed China Nonferrous Metal Industry's Foreign Engineering and Construction Co Ltd (NFC)<000758> on Friday signed an agreement to buy shares of Terramin Australia Ltd, a base metal production company in South Australia, sources reported.NFC revealed that it will buy 15.5 million shares...
Zhou Xiaochuan, governor of the People's Bank of China (PBOC), urged for international financial reforms amid the global financial crisis, the official Xinhua News reported.The international financial organizations, including the International Monetary Fund (IMF) and the World Bank, are expected to discuss the financial...
China's Ministry of Industry and Information Technology (MIIT) said Sunday that the nation's industrial output grew 5.2% from a year earlier during January and February this year, whereas it grew 5.7% in December.The slight decrease in the growth rate is attributed to tumbling exports and high inventories....
Geely Automobile Holidngs<175>, a major domestic automaker in China, signed an agreement to acquire Australia auto parts maker Drivetrain System International (DSI) for HK$315 million on Mar. 27, according to the company's statement. Under the agreement, Geely will firstly resume DSI's supply to Ford Motor and...
Influenced by the global economic crisis, China faces many uncertainties in 2009...
China is improving its regulation on anti-monopoly after the Anti-Monopoly Law took effect...
With the dollar poised to depreciate, though, Beijing may have to shift its exchange rate tactics once again.
Strauss-Kahn backs the greenback, but says he understands China's position.
Air China Ltd<601111><753>, the country's biggest carrier by fleet size and passengers, said its parent company China National Aviation Holdings Co (CNAH) is in "preliminary talks" with East Star Airlines about the possible acquisition, according to the company's statement Thursday filed with the Shanghai Stock...
China's land transactions sharply declined 73% year on year in number and 84% year on year in area in the first two months of this year, sources reported.In January, the average price for land plunged 50% in Shanghai, Guangzhou, Shenzhen and Tianjin from the previous year....