China province raises taxi fares after strikes
The booming eastern Chinese province of Zhejiang has ordered a rise in taxi fares in cities and counties with underpriced cabs following a wave of strikes by drivers demanding higher wages, state news agency Xinhua said on Friday.
China's XCMG to market $1.5 billion HK share offer from Sept 5
XCMG Construction Machinery Co Ltd (000425.SZ) is slated to start pre-marketing on September 5 for an up to $1.5 billion planned share listing in Hong Kong, IFR reported on Friday.
China on track for modern military by 2020: U.S.
China appears on track to forge a modern military by 2020, a rapid buildup that could be potentially destabilizing to the Asia-Pacific region, the Pentagon said on Wednesday.
China's telecom patent boom heralds innovation era
China's telecom giants are building up a war-chest of patents to help give them an edge in the legal battles raging between the world's smartphone makers, aided by Beijing's push to transform the country from workshop to innovator.
China media dismiss Pentagon cock-and-bull report
China's state news agency on Thursday condemned a Pentagon report on China's growing military might, calling its account of Beijing's weapons modernization drive an alarmist cock-and-bull story.
HK, China shares gain, boosted by strong earnings
Hong Kong shares were higher by midday Thursday, mainly driven by several Chinese companies that reported forecast-beating interim earnings, magnifying the lift from Wall Street gains on encouraging U.S. economic data.
China's Hu tells Sarkozy concerned about euro
China hopes that Europe will take steps to protect China's investments there, Chinese President Hu Jintao told the French President Nicolas Sarkozy on Thursday, nonetheless voicing confidence in the euro and vowing to keep investing in it.
Companies rush to enter China's fund distribution business
China's planned deregulation in October of its fund distribution business has drawn interest from both independent advisers and locally-incorporated foreign banks, as they eye a slice of the market dominated by Chinese banks.
China to sue ConocoPhillips over oil spill -Xinhua
China's maritime authority is preparing to sue U.S. firm ConocoPhillips over an oil spill in China's northern Bohai Bay, Chinese state news agency Xinhua reported.
Copper underpinned by China, Fed meet in focus
Copper climbed on Thursday underpinned by expectations of returning demand from top consumer China, but caution over measures that may be unveiled by the U.S. monetary authorities in yoming this week kept gains in check.
UBS cuts China growth outlook amid global slowdown
UBS cut its 2011 and 2012 growth forecasts for China on Thursday to reflect weaker growth prospects in developed economies, saying the central bank may relax policy if the world's second-largest economy falters.
China gas-to-chemical firms shackled by supply, costs
Chemical firms using natural gas as feedstock in southwestern Chinese provinces were facing mounting risks to scale down and even close operations due to gas shortages and rising gas prices, an industry newspaper reported on Thursday.
Mercuria, China's Datang form carbon JV
A Mercuria Energy Group subsidiary has formed a joint venture with Hong-Kong listed China Datang Corp. Renewable Power Co. , focusing on renewable energy and carbon credits, energy trading house Mercuria said on its website.
China says stabilising prices still priority
Stable prices remain the top priority for the Chinese government, but any policy moves must avoid hurting economic growth, China's Finance Minister Xie Xuren said on Thursday.
France's Sarkozy says China's Hu shows confidence in euro
Chinese President Hu Jintao showed definitive confidence in the euro and the European economy despite some concerns, the French President Nicolas Sarkozy said on Thursday after the two leaders met in Beijing.
Li Ning sees challenges from competition, rising cost
China home grown sport brand Li Ning Co Ltd. , which posted a 50 percent fall in its first half profit, said the operating environment is expected to remain challenging on intensifying competition among brands and escalating cost.
Chinese state firms to double investment in restless Xinjiang
China's main state-owned companies will double their investments in the restless far western region of Xinjiang over the next five years to 991.6 billion yuan ($155 billion), a major Chinese newspaper reported on Thursday.
China gas tax rebate may nudge spot LNG imports up
A tax rebate on natural gas imports may accelerate China's purchases of liquefied natural gas, but only marginally given high prices for spot supplies and the nation's policy of using long-term contracts.
China Factory Output Cools in August--HSBC
China's factory sector is likely to slow slightly for a second consecutive month in August as sluggish overseas demand saps new orders, HSBC's China Flash PMI showed on Tuesday.
China urges Libya to protect investments
China on Tuesday urged Libya to protect its investments and said their oil trade benefited both countries, after a Libyan rebel warned that Chinese oil companies could lose out after the ousting of Muammar Gaddafi.
China needs to diversify FX reserves -c.bank adviser
China should diversify its huge foreign exchange reserves into non-financial assets to hedge against risks from a long-term decline in the U.S. dollar, Xia Bin, an academic adviser to the central bank said on Tuesday.
China Vice Foreign Minister Frets About Eurozone Collapse
The eurozone could collapse if its member countries don't work together to solve its debt crisis, but China is pleased to see that Germany and France are cooperating to avert that risk, a Chinese vice foreign minister said in an interview.
Europe stagnant as China cools slightly, PMIs show
Economic growth is stagnating in Europe and cooling slightly in China, according to surveys of business activity released on Tuesday, fuelling concern about the risk of a global slump as Western governments struggle to cope with their debt problems.
China, U.S. call time-out on diplomatic brawls
During Vice President Joe Biden's visit to China, Beijing and Washington confined their brawling to the basketball court, and for now economic and political needs should keep tensions in the diplomatic arena from spiraling into fully-fledged feuds.
China says it respects the will of Libyan people
China will respect the will of the Libyan people and hopes for a return to stability in the war-torn country, China's Foreign Ministry said on Monday, as Libyan rebel fighters clashed with government forces in Tripoli.
China Vice Premier Reaffirms 'Prudent Monetary Policy
Chinese Vice Premier Wang Qishan reaffirmed Beijing was sticking to a prudent monetary policy in remarks published on Monday, and stressed the need for banks to increase support for small firms and the agricultural sector.
HK, China shares slide, risk aversion magnifies losses
Hong Kong shares had edged lower by midday on Monday, giving up earlier gains, as investors sold shares of companies that reported weak or even forecast-meeting half-year results, underscoring weak risk appetite, with more volatility expected.
China shares slide, HSBC helps Hong Kong end up
China shares in Shanghai and Hong Kong fell on Monday as investors hammered companies reporting weak or forecast-meeting results, while a late jump in HSBC helped the Hang Seng index offset some of those losses and end higher.
Biden: China didn't need reassurance on US economy
Vice President Joe Biden said on Monday China's leaders did not seek reassurances about the weak U.S. economy, and he called Xi Jinping -- the man expected to take over as China's next president -- pragmatic and strong.
China's July crude oil imports from Russia plunge-customs
China's crude imports from Russia in July plunged 45 percent from a year earlier to 615,193 tonnes, or 144,870 barrels per day (bpd), the lowest level in several years, customs data showed on Monday.