The prices of land designated for housing development more than doubled in Shanghai this year due to strong optimism among real estate developers.
A total of 78 land plots for home use, with a combined developable area of 9.09 million square meters, were sold via bidding in the city between January and December, harvesting about 65.7 billion yuan (US$9.62 billion) for the local government, E-H
Published News » Finance
Shanghai's land prices surge
Posted by erikbenjamin512 874 days ago (http://www.china.org.cn)China extends anti-dumping probe into EU fasteners
Posted by erikbenjamin512 874 days ago (http://www.china.org.cn)
China's Ministry of Commerce (MOC) announced Tuesday it is to extend an anti-dumping investigation into carbon steel fasteners imported from the European Union.
The investigation would be prolonged by six months to June 29 next year because "the situation in this case is quite special and complicated," said a brief notice on the MOC website without further explanation.
The MOC started the a
The investigation would be prolonged by six months to June 29 next year because "the situation in this case is quite special and complicated," said a brief notice on the MOC website without further explanation.
The MOC started the a
China cracks down on illegal forexes
Posted by erikbenjamin512 874 days ago (http://www.china.org.cn)
As the government strives to cool China's excessive asset prices, foreign exchange regulators have stepped up measures to curb the cross-border flow of capital through illegal foreign exchange transactions.
As of November 31, the State Administration of Foreign Exchange (SAFE), in alliance with other departments, had cracked down on 10 illegal private banks this year, some of which had a maxim
As of November 31, the State Administration of Foreign Exchange (SAFE), in alliance with other departments, had cracked down on 10 illegal private banks this year, some of which had a maxim
Business as usual for robbed Haidian bank
Posted by erikbenjamin512 875 days ago (http://www.chinadaily.com.cn)
The bank that was robbed on Saturday in Haidian District resumed business Sunday, with the 32-year-old suspect surnamed Han in police custody, according to local Chinese media.
The bank is a branch of Industrial and Commercial Bank of China (ICBC) located on the second floor of a building in Lingnan Road near the Hangtian Bridge.
By Sunday morning, the security fence allegedly kicked down
The bank is a branch of Industrial and Commercial Bank of China (ICBC) located on the second floor of a building in Lingnan Road near the Hangtian Bridge.
By Sunday morning, the security fence allegedly kicked down
Chinese shares close higher midday on Monday
Posted by erikbenjamin512 875 days ago (http://www.china.org.cn)
Chinese shares closed higher midday on Monday as the benchmark Shanghai Composite Index rose 1.67 percent, or 52.34 points, to close at 3193.7 points.
The Shenzhen Component Index rose 1.45 percent, or 192.14 points, to close at 13,482.08 points.
Securities companies led the advance in the morning session, following news that China would introduce index futures and margin trading at "approp
The Shenzhen Component Index rose 1.45 percent, or 192.14 points, to close at 13,482.08 points.
Securities companies led the advance in the morning session, following news that China would introduce index futures and margin trading at "approp
Hong Kong stocks down 0.17 pct
Posted by erikbenjamin512 875 days ago (http://www.china.org.cn)
Hong Kong stocks fell 36.28 points, or 0.17 percent to close at 21,480.22 on Monday.
The benchmark Hang Seng Index opened 0.49 percent higher in the morning and expanded the gain to 0.77 percent by midday. However the growing momentum was snapped by news that the local government sold two sites at prices slightly above the lower limits estimated by market analysts.
The index plunged over 25
The benchmark Hang Seng Index opened 0.49 percent higher in the morning and expanded the gain to 0.77 percent by midday. However the growing momentum was snapped by news that the local government sold two sites at prices slightly above the lower limits estimated by market analysts.
The index plunged over 25
Exports in 2010 will not be relaxed
Posted by erikbenjamin512 875 days ago (http://www.china.org.cn)
China will not relax its efforts to sell Chinese products overseas in 2010 and seek a bigger share in the global market, its vice trade minister said yesterday.
China is a "big trading nation" but not yet a "powerful trading nation," Vice Commerce Minister Zhong Shan said.
"China's exports in 2010 will grow, and there's no doubt about that," Zhong said, declining to provide details.
Chin
China is a "big trading nation" but not yet a "powerful trading nation," Vice Commerce Minister Zhong Shan said.
"China's exports in 2010 will grow, and there's no doubt about that," Zhong said, declining to provide details.
Chin
Companies go west for development
Posted by erikbenjamin512 875 days ago (http://www.chinadaily.com.cn)
"Since mid-September, all the trucks transporting our products have been fully-loaded, queuing in a long line outside our company," said Yang Jinfu, manager of a private food oil company.
Yang's company set up a factory at Qinzhou Port Bonded Zone in southwestern Guangxi Zhuang autonomous region seven months ago.
"At first, we came here to look for sales markets. However, such a huge market
Yang's company set up a factory at Qinzhou Port Bonded Zone in southwestern Guangxi Zhuang autonomous region seven months ago.
"At first, we came here to look for sales markets. However, such a huge market
