Economists believe the country will benefit from the implementation of common understandings reached during the G20 summit
China will introduce a Growth Enterprise Market to help small innovative businesses ride out the liquidity crisis
Eligible candidates will be 55 years old or younger, and the government will consider any nationality
China Export-Import Bank (China Exim Bank), one of China鈥檚 policy-oriented banks, intends to complete restructuring in 2009, the National Business Daily reported Wednesday, citing Zhu Xinqiang, the lender's vice governor.Zhu said the bank's restructuring work is in progress, and in its initial stage, without giving...
China Construction Bank Corp (CCB)<601939><939>, one of the country's Big Four state-owned commercial banks, on Tuesday signed a memorandum of understanding (MOU) with the provincial government of Shaanxi, to extend an RMB 120 billion credit line to the province in the next three years, the...
Chinese stocks opened slightly lower on Thursday, extending yesterday's losses.The benchmark Shanghai Composite Index, which covers both A shares and B shares on the Shanghai Stock Exchange, opened slightly lower at 2,345.01, down 0.10% or 2.38 points from Wednesday.The Shenzhen Component...
China will hold the first China Overseas Investment Fair from November 3 to November 4 at the China World Trade Center to help Chinese firms to invest overseas, the official Xinhua News Agency reported. The organizer, the China Industrial Overseas Development & Planning Association (CIODPA), an...
The NUK baby powder, which reportedly contains carcinogen asbestos, has been ordered to halt sales in China, said the General Administration for Quality Supervision, Inspection and Quarantine (GAQSIQ) on Sunday.Suzhou Debao Baby Supplies Co Ltd, a major distributor of NUK baby products, has recalled the...
China should look to India for lessons on nurturing its entrepreneurs.
The U.S. dollar's status as a reserve currency sowed the seeds for the present worldwide financial crisis. Zhou Xiaochuan, Governor of the People's Bank of China, issued a challenge to America's dominance of the global economy last month when he proposed that a super-sovereign international currency replace the dollar.