Zurich Financial to keep New China Life stake-CEO
Zurich Financial does not plan to cut its 15 percent equity stake in China's third-largest life insurer, the Swiss insurer's chief executive said on Monday.
China says to get tougher in fight against computer hacking
While the United States says many hacking attacks appear to come from China, often targeting human rights groups as well as U.S. companies, China says that it is one of the world's biggest victims of hacking attacks.
China PV firm sets IPO price at 50 times earnings
Chinese photovoltaic equipment maker Beijing Jingyuntong Technology has set an initial public offering price at 50 times its historic earnings, boosted by demand from the country's push for solar energy.
China eyes 3 GW rooftop solar capacity by 2015
China is targeting 3 gigawatts (GW) of roof-mounted solar power generating capacity by 2015 and 25 GW by 2020, the China Securities Journal reported on Monday, citing a government renewable energy development plan that is likely to be unveiled soon.
Air China gets green light on fuel hedging
Air China , the country's flag carrier, said on Monday that it had won regulatory approval to engage in fuel hedging, adding it will enter contracts when oil price volatility decreases.
Yoku.com to distribute KungFu Panda films in China
China's Internet television company Youku.com Inc said it had entered into an agreement with DreamWorks Animation SKG Inc for online distribution of KungFu Panda franchise films in mainland China.
GOME to open over half of new stores in 2nd-tier China cities
GOME Electrical Appliances Holding Ltd , China's second-largest electronic appliances distributor, said on Monday that 60 percent of its new stores for 2011 will be opened in second-tier Chinese cities.
HK shares could edge lower, Chinese banks in focus
Hong Kong shares could edge lower at Monday's open, with turnover likely to stay low though U.S. Federal Reserve chairman Ben Bernanke's comments on Friday could boost cyclicals, limiting losses.
China keeps world guessing on yuan plan
Figuring out what the People's Bank of China is doing can be as perplexing as parsing a statement from Alan Greenspan, the notoriously opaque former U.S. Federal Reserve chairman.
Storm heads for China after shutting down south Taiwan
Tropical storm Nanmadol headed for China on Monday, losing strength after drenching southern and eastern Taiwan, forcing evacuations, shutting businesses and disrupting transport, but causing no major damage or casualties.
Record prices spawn new wave of China gold bugs
Record gold prices, rather than denting China's enthusiasm for bullion, have emboldened investors to plough more money into gold bars and riskier bullion-based derivatives.
China consumerism latest threat to Africa's elephants: report
China's fast-growing consumerism and lax policing of ivory laws are the latest threats to wild elephant populations, said an author of a recent report on endangered species.
China moves Tibet hardliner to heavily Catholic province
The hardline Chinese official removed last week as Communist Party chief of restive Tibet has been made head of the province in the center of contention over China's Catholics, giving him an influential role in another sensitive religious issue.
Russia, China resist U.N. Syria sanctions push: envoys
A U.S. and European push to impose U.N. Security Council sanctions on Syria for its bloody crackdown on pro-democracy demonstrators is meeting fierce resistance from Russia and China, U.N. diplomats said.
China charges Tibetan monks with homicide in self-immolation
A court in southwest China has charged three Tibetan monks with intentional homicide for hiding a fellow monk and preventing him from getting treatment after he set himself on fire, state news agency Xinhua reported Friday.
Bank of America may sell CCB shares by next week
The Bank of America (BAC.N) is completing plans to sell over half of its shares in the China Construction Bank (0939.HK), with a group of Asian and Middle Eastern sovereign wealth funds negotiating to buy, the New York Times reported on Saturday.
Fat camp shows China battling the bulge
On the grounds of the Bodyworks weight loss campus in Beijing, 30 tubby men and women sweat profusely, gasping for air as they pound the treadmills in an exercise room.
North Korea's Kim repeats to China he willing to resume talks
North Korean leader Kim Jong-il told his neighbor and biggest patron China on Friday that he was willing to return to stalled nuclear talks without precondition, China's Xinhua news agency reported, following a similar pledge to Russia.
China denounces U.S. report, defends military upgrade
China denounced on Friday a Pentagon report that warned its military modernization could destabilize the region, saying the U.S. military's annual assessment of Beijing's armed forces indulged in exaggeration and groundless suspicion.
China's Shaanxi Coal plans $2.7 bln IPO
Shaanxi Coal Industry plans an initial public offering in Shanghai to raise as much as 17.3 billion yuan ($2.7 billion) in what could be mainland China's biggest IPO this year.
Joint U.S.-China operation busts child porn ring
A joint U.S.-China police operation has cracked a Chinese-language child pornography ring in New York, Chinese police said, an unusual public example of cooperation between the countries' law enforcement agencies.
China says ConocoPhillips to pay for Bohai oil spill
An oil spill by a subsidiary of ConocoPhillips has polluted 5,500 square kilometres of water in China's northern Bohai Bay, China's marine authorities and state media said on Friday, adding the company will have to pay for the spill.
China plans to mop up bank liquidity
China has ordered banks to include their margin deposits in required reserves at the central bank to mop up excessive liquidity, banking sources said on Friday, the latest move in Beijing's campaign to rein in worrisome inflation.
VW group to sell more than 2 mln cars in China in 2011
Volkswagen AG (VOWG_p.DE) plans to sell more than 2 million vehicles this year in China, its single biggest market, it said on Friday after celebrating the 20th anniversary of the founding of a joint venture with China's First Automotive Works (FAW).
China invests $199 billion for urban rail through 2015
China will invest about 1.27 trillion yuan ($199 billion) to build subways and light rail lines during the current five-year plan ending in 2015 to ease traffic congestion and spur urban development, the official China Securities Journal reported on Friday.
Lion to launch China's first oil & gas QDII fund
China's Lion Fund Management Co will launch next week the country's first mutual fund that invests in overseas oil and gas-related assets, as Chinese money managers step up innovation to woo investors haunted by inflation concerns.
China to publish new yuan investment rules soon
China will publish rules as early as next month to allow offshore yuan to be invested in the mainland's capital markets under a new scheme, the Shanghai Securities News reported on Friday, citing people close to the securities regulator.
China COSCO says ship seizures in disputes are common
China COSCO Holdings said on Friday that vessel seizures during contract disputes are common as it is embroiled in disagreements with several shipowners over payments.
Guinea, China in talks over bauxite mine, refinery
Guinea is in advanced talks with state-owned China Power Investment to develop a bauxite mine and build an alumina refinery, deep water port and a power plant in the West African state, Guinean government sources said.
Energy hunger lifts China Shenhua H1 profit
China Shenhua Energy Co Ltd , the country's largest coal producer, posted a 16.5 percent increase in first-half profit, buoyed by rising sales volume on the back of rising energy demand in the world's second-largest economy.