Sales of passenger vehicles in China registered their largest year-on-year decline in at least 10 years in January.The retreat came as two holidays in a single month accelerated the slowdown of the world's largest automobile market.Combined sales of cars, sport-utility [...]
The effort of Guizhentang, China's largest bear gall medicine company, to go public is under fire from both animal protection activists and netizens. [Beijing Morning Post]Guizhentang, China's largest bear gall medicine company, based in east China's Fujian Province, is facing [...]
Blue toys in the shape of the mascots for the London 2012 Olympic Games await processing inside the Yancheng Rainbow Arts and Crafts Co Ltd in Dafeng, Jiangsu province, on Tuesday.[China Daily]Representatives of the Chinese manufacturer of Olympic mascot dolls [...]
A construction site near the Oriental Pearl TV Tower in Shanghai. Revenues from land sales in Shanghai and Beijing are expected to decline this year, since there is no sign that curbs on the property market will ease. [China Daily]Beijing's [...]
China's auto exports hit 849,000 units last year, the highest level seen since the onset of the global financial crisis, the automobile branch of the China Chamber of Commerce for the Import & Export of Machinery & Electronic Products (CCCME [...]
Chinese banks and companies in the northern city of Tianjin have cut exposure to Europe in a move to reduce their risks amid the spreading eurozone debt crisis, a newspaper run by the Chinese central bank has reported.Europe is Tianjin's [...]
China raised fuel prices by more than 3 percent Wednesday, the first increase in 10 months and bringing prices back to record highs, as higher global crude oil rates forced an adjustment.Effective today, prices will rise by 300 yuan (US$47.5) [...]
Chinese telecommunications maker Huawei has scored a second major contract in the New Zealand government's scheme to bring ultrafast broadband (UFB) to most of the country.Enable Networks, owned by the council in New Zealand's second city of Christchurch, announced Wednesday [...]
The People's Bank of China (PBOC), the country's central bank, said Wednesday that it has signed currency swap agreements with Bank Negara Malaysia, more than doubling the scale of a 2009 bilateral swap deal that has since expired.The new currency [...]
Exports will remain a major force in helping China maintain economic growth by creating jobs and stimulating domestic consumption, despite decelerating growth in overseas shipments and a gloomy outlook, said the Ministry of Commerce.Zhang Ji, director-general of the ministry's Department [...]
