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Moody’s lifts its outlook for China and Hong Kong sovereign ratings, as well as those for a number of Chinese banks, adding that credit fundamentals are likely to continue to improve as the country emerges from the global recession.
BEIJING -- Powered by tax cuts and stimulus spending, China's October auto sales soared 72 percent from a year earlier, outpacing U.S. sales for another month, according to data reported Monday.
BEIJING – Twenty years after the toppling of the Berlin Wall, another "wall" is facing intense public scrutiny in China. The so-called Great Firewall of China, the online filtering and surveillance program run by the communist government’s Ministry of Public Security, is alive and well and censoring freedom of expression for millions of Chinese.
(FT) -- Wen Jiabao, China's premier, has pledged $10bn in new low-cost loans to Africa over the next three years and defended China's engagement against accusations it is "plundering" the continent's oil and minerals.
Editor, founder of China's most influential news magazine resigns amid friction with publisher
Nov. 10 (Bloomberg) -- China, rejecting calls from Europe and Japan, will keep the yuan from gaining against the dollar until exports revive, state researchers said.
Nov. 8 (Bloomberg) -- China Minsheng Banking Corp. , the nation’s first privately owned lender, plans to raise as much as HK$31.54 billion ($4.07 billion) in an initial share sale in Hong Kong, said two people familiar with its plan.
China on Monday offered full assistance to Africa in agriculture and infrastructure following its pledge of 10 billion dollars in concessional loans to the continent's states.
Nov. 9 (Bloomberg) -- China, the world’s second-largest energy user, will raise gasoline, diesel and jet fuel prices by as much as 8 percent tomorrow, the first increase in more than two months, as crude costs and demand climbed.
Mobile operator China Unicom is displeased with the official launch of Apple's iPhone, according to AFP. The few hundred people who braved the cold and the rain were not satisfied with the new iPhone handset when Unicom unveiled it in Beijing on October 30th.
The merger of Rt-Mart and Auchan in China may be held up by employee opposition.
Nov. 9 (Bloomberg) -- Sands China Ltd., the Macau unit of billionaire Sheldon Adelson’s casino company, plans to raise as much as HK$26 billion ($3.4 billion) in a Hong Kong initial share sale, three people familiar with the matter said.
China on Monday said it had put to death nine people over deadly ethnic unrest in its far-western Xinjiang region, the first executions since the rioting in July.
China has executed nine people convicted of violent crimes during ethnic rioting in the far western Xinjiang region in July, the first to be put to death over the unrest, the China News Service said Monday.
With the U.S. PGA looking to foster closer ties with China, it was fitting that Phil Mickelson was the first winner of a World Golf Championship event in the country at the HSBC Champions over the weekend.
China offered African governments a multibillion-dollar package of financial and technical assistance, stepping up a courtship that has gained Beijing access to oil and minerals.
China has executed nine people over deadly ethnic unrest in its far-western Xinjiang region, regional authorities said Monday, the first executions since the violence in July.
Nov. 10 (Bloomberg) -- China asked that it be given a lead role in coordinating international anti-piracy operations off Somalia, the South China Morning Post said, citing unidentified officials who attended a meeting of representatives of navies protecting sea lanes between Asia and Europe.
Morgan Stanley is looking to sell its 34 percent stake in investment bank China International Capital Corp, the U.S. bank's China chief executive said on Monday.
French insurer AXA sought full control of its majority-owned Asian arm to get a tighter grip on the region's booming markets, and stuck with plans to grow in China in spite of regulatory obstacles there.
BEIJING -- China has executed nine men, including eight from the Muslim Uighur minority, for crimes committed during July riots that killed 200 people in far western Xinjiang region. The men are the first to be put to death for the country's worst et...
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