China's central bank on Tuesday pumped the biggest amount of funds since September into the financial system in open market operations in an effort to ease a liquidity strain. The People's Bank of China (PBOC) conducted seven-day reverse ...
Four more Chinese independent teapot refineries, with a total capacity of 15.6 million mt/year, have joined others in applying to the National Development and Reform Commission to process around 14.47 million mt/year of imported crudes, the ...
Tags: teapot refineries, teapot
Brisk orders for IoT-related products are expected to boost the performance of several Taiwan-based IC design houses specializing in MCUs, power management ICs and wireless transmission chips in 2016, according to industry sources. Elan ...
Tags: IoT devices, IC Design
Two Chinese nuclear power giants on Wednesday concluded a deal on a joint venture to promote China's third-generation nuclear reactor design, Hualong One, in overseas markets technologies. The Hualong international nuclear power ...
More and more Chinese enterprises are choosing India as a destination for investment, as the country is becoming more open to foreign capital. In a keynote speech at the China-India Business Forum in Shanghai, made during his visit to ...
Tags: Investment Destination, India
China's Ministry of Environmental Protection has publicly criticized a northwestern city on Wednesday for its slack response to recent smog. The ministry's pollution inspection team found that Xi'an municipal government had been very slow ...
Tags: Environment Ministry, Weak Smog
It's being reported the Chinese government is setting up a 30-billion-yuan fund to help eliminate industrial overcapacity and reconstruct so-called "zombie companies". The money is going to compensate the employees of the "zombie ...
Tags: Special Fund, Zombie Companies
An evaluation report on the "Double Eleven" shopping spree has been released in Beijing, offering insights into China's largest annual online shopping event. The report shows cases of dishonesty connected to e-commerce platforms and ...
Tags: Double Eleven, Credit Report
China refuted recent U.S. comments warning Europe against granting China market economy status on Wednesday, saying China has been living up to its World Trade Organization (WTO) obligations. Chinese Foreign Ministry spokesperson Lu Kang ...
Tags: Market Economy Status
China has opened a court in the Guangdong free trade zone. The court is located in Nansha District and will hear civil and business cases arising locally. The cases to be handled by the court are related to investment, trade, finance, ...
Tags: Free Trade Zone, Court
Myanmar authorities announced Wednesday that a consortium of six foreign group companies, led by China's CITIC, has won the bid for implementing two projects of the country's newly planned special economic zone (SEZ) in Kyaukphyu, western ...
Tags: Six-Company, Implementing SEZ
Ten defendants representing the Shanghai and Hebei branches of Husi Food Company, a former supplier to McDonald's, KFC and Pizza Hut, have stood trial on charges of producing and selling shoddy products. The ten people and the two ...
Tags: Fast Food Chain, Meat Scandal
Economists and insiders are calling for more effective goverment supervision as a year of wild swings in China's stock market is coming to an end. China fought an unprecedented and costly war in 2015 to contain wide stock market ...
Taiwan's leading machine-tool makers including AWEA and Goodway predict missed 2015 revenue targets.Taiwan's leading machine-tool makers, including AWEA Mechantronic Co., Ltd., Goodway Machine Corp., Kao Fong Machinery Co., Ltd., and ...
Tags: AWEA Mechantronic, Goodway Machine Corp, Processing Machinery
The former president of a key university in east China's Jiangxi Province was sentenced to life in prison on Tuesday for bribery and embezzlement of public funds. Zhou Wenbin was found guilty of accepting cash and gifts worth more than 21 ...