Li Xiaolin has resigned as the chairman of the board of directors of China Power New Energy Development Company due to her work schedule. She is currently the vice-president of China Datang Corporation, a state-owned power generation ...
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 consumers have continued to show lower expectations about future income and investment as well as general economic situation for the eighth-consecutive month in December, said a survey publicized Monday. The consumer confidence ...
Tags: Consumer Confidence, Keep Lowering
The State Council, China's Cabinet, on Wednesday decided to improve broadband in rural and remote areas. Stronger telecom services will help attract investment and fuel coordinated development, narrowing the gap between urban and rural ...
Tags: Telecom Services, Remote Areas
China is set to stop construction of public rental houses and renovate 6 million run-down urban houses in 2016. The program is a crucial way of providing low-income urban residents with affordable housing. Minister of Housing and ...
Tags: Renovate, Run-down Houses
Deutsche Bank has agreed to sell its 20-percent stake in China's Hua Xia Bank to PICC Property and Casualty Co. for over 3.3 billion US dollars. Germany's biggest lender says the completion of the transaction will be subject to customary ...
Tags: Deutsche Bank, Hua Xia Stake
Chinese tech companies are making good on President Xi Jinping's promise that China will provide investment and technical support to expand Internet access in developing countries. They are busy advertising international projects and ...
Tags: China's Race
Chinese stocks posted gains on Friday as market sentiment was boosted by a strong transportation sector. The benchmark Shanghai Composite Index rose 0.43 percent to close at 3,627.91 points. The smaller Shenzhen index gained 0.37 percent ...
Tags: Shares, Transportation Sector
The China-proposed Asian Infrastructure Investment Bank (AIIB) was formally established Friday. Expectations are high for the new global multilateral financial institution, which will operate in an open, fair and efficient manner, AIIB's ...
The China-initiated Asian Infrastructure Investment Bank (AIIB), a complement to existing international financial system, was formally established Friday in Beijing and expected to start operation early next year. "The AIIB is legally ...
Tags: AIIB
ICV Partners (ICV) announced today that it has completed the sale of Stauber Performance Ingredients, a leading distributor of nutraceutical ingredients, to Hawkins, Inc. (Nasdaq: HWKN), for $157m. Founded in 1969, Stauber offers ...
Profits of China's major industrial firms fell 1.4 percent year on year in November, narrowing from a 4.6-percent decline posted in October, the National Bureau of Statistics (NBS) said on Sunday. Profits at industrial companies with ...
Tags: Industrial Profit, Decline
The latest changes to China's forex market management will increase yuan volatility and boost trading volumes, according to a leading Chinese investment firm. From Jan. 4, closing time for China's interbank foreign exchange market will be ...
Tags: Forex, Trading Volume
China's economic growth is expected to be unchanged in the fourth quarter of this year, but an improvement is still distant due to property weakness and excess capacity, according to the latest report from UBS. The Swiss banking group ...
It's been reported that online financing and retail investment platform JD Finance, a subsidiary of JD.com, is preparing a 5-billion-yuan Series A funding round with a domestic IPO targeted in 2017. Media reports say the Series A will ...
Tags: Finance Solicits, JD