Zoomlion, China's leading construction machinery producer, on Wednesday said it had signed an official agreement to buy a 57 percent stake in Italy's waste-disposal company Ladurner. Zoomlion said it had teamed-up with Mandarin Capital to ...
China Vanke has issued a statement on Wednesday night, welcoming Anbang Insurance to become one of its big share-holders. Earlier this week, Anbang raised its stake in Vanke to 7 percent by acquiring shares worth over 2.8 billion yuan. ...
Traditional Chinese medicine makers are expanding their presence in the global markets in a big way, as the government reiterated its support to further strengthen the sector. Guangzhou Baiyunshan Pharmaceutical Holdings Co Ltd, the ...
Tags: Traditional Chinese medicine, Overseas Markets, medicine
In a bid to support public-private partnership projects, China will provide rewards instead of subsidies in a pilot scheme starting from next year. The Ministry of Finance said private partners in the PPP demonstration projects will be ...
Tags: PPP Projects, China
China's top think tank predicts that China will see its economic growth post between 6.6 and 6.8 percent in the coming year. The number comes ahead of a major economic conference this week, during which authorities are to evaluate the ...
Tags: China's Top Think Tank, Growth
China's real estate sector showed signs of warming in November as new home prices rose on a monthly basis in an increasing number of cities, buoyed by government policies. Of 70 large and medium-sized cities surveyed in November, new home ...
The Chinese government Tuesday refrained from adjusting retail oil product prices in line with global crude oil fluctuations for the first time in nearly three years, sending a strong signal to the market that it believes prices may have ...
Tags: oil product, crude oil
Yesterday's U.S. interest rate adjustment narrows the scope for China to balance currency stability with economic growth. The U.S. Federal Reserve raised the benchmark interest rate by 25 basis points on Wednesday, the first increase ...
Tags: U.S.Rate, China's Policy
A Chinese envoy to the United Nations Wednesday called on the international community to make joint efforts to step up protection of women and children in conflicts. Terrorist organizations such as the Islamic State (IS) and Boko Haram ...
Tags: women, children, human trafficking
The Hong Kong Monetary Authority raised its base rate from 0.5 percent to 0.75 percent on Thursday, following the U.S. Federal Reserve's lead overnight and raising concerns of capital outflows from the region. The Hong Kong dollar's peg ...
Tags: Hong Kong dollar, U.S.dollar, U.S.Fed
Rescuers work at the explosion site of a coal mine in Hegang City, northeast China's Heilongjiang Province, Dec. 17, 2015. The number of people trapped underground after an explosion at a coal mine on Wednesday afternoon has risen to 19, ...
The Chinese and Kenyan governments have signed three agreements on the financing of China-aided projects in the East African nation. The three deals on a total funding of 152.4 million U.S. dollars were signed in Nairobi on Wednesday by ...
Tags: China-aided projects, FOCAC
China's iron ore importers need to keep a close eye on the country's steel mills as they mull output cuts and shutdowns amid a year-end credit crunch, the China Iron and Steel Association said Thursday. Prices of iron ore derivatives ...
The price of Australian alumina continued to drift sideways Thursday, leaving Platts daily assessment unchanged at $200/mt FOB, despite a slight slippage of Yuan 15/mt ($2.30) in Chinese domestic prices in Shanxi province. The Australian ...
Tags: alumina, Australian alumina
Investment bank Goldman Sachs late Wednesday lowered its iron ore price forecast for 2017 by $5/dmt to $35/dmt CFR China after a faster-than-expected softening in seaborne prices. "Iron ore prices have reached our $40/dmt forecast one ...
Tags: iron ore price, steel