Top 5 power firms suffer 10b yuan losses

2011-05-18 09:28:47

The China Electricity Council (CEC) on Tuesday said the nation's leading five power producers reported 10.57 billion yuan ($1.62 billion) of losses in their thermal power plants in the first four months of the year.

Baidu buys into 360buy.com

2011-05-18 09:29:57

Robin Li, founder and CEO of the search engine company Baidu Inc, has invested in 360buy.com, a company that started by selling computers, communication and electronics over the Internet.

China trimmed holdings of US debt again

2011-05-18 09:23:01

China trimmed its holdings of US Treasury bonds for a fifth month in a row in March, lowering the amount of those assets to $1.145 trillion, according to data released by the US Treasury Department on Monday.

Investment from US declines 28%

2011-05-18 09:15:40

US investment in China dropped sharply by 28 percent, while foreign direct investment (FDI) maintained double-digit growth from January to April, the Ministry of Commerce said on Tuesday.

Hong Kong stocks close 0.26% lower -- May 17

2011-05-17 17:08:03

Hong Kong stocks lost 59.55 points, or 0.26 percent, to close at 22,901.08 on Tuesday.

China rolls out discounts for 1st National Tourism Day

2011-05-17 17:07:34

From offering ticket discounts to organizing activities, China's cities and provinces are gearing up for the country's first national tourism day.

China to become a net capital export country: Official

2011-05-17 16:46:41

China is expected to become a capital exporting country very soon, said Liu Zuozhang, director general of the investment promotion agency under the Ministry of Commerce.

GDF SUEZ to build refrigeration centers in N China

2011-05-17 16:39:08

French utility giant GDF SUEZ recently signed an agreement to build two refrigeration centers in north China's Tianjin municipality, said an official with the company.

ChiNext Index closes down -- May 17

2011-05-17 16:26:36

The ChiNext Index, launched by the Shenzhen Stock Exchange (SZSE) on June 1, 2010, edged down 1.23 percent, or 11.19 points, to close at 895.15 Tuesday.

Latest China-EU trade frictions not trade war: MOF

2011-05-17 16:10:09

The latest trade frictions between China and the European Union (EU) do not amount to a trade war, said Ministry of Commerce (MOC) spokesman Yao Jian on Tuesday.

Shanghai stock indices close up -- May 17

2011-05-17 16:01:17

China's benchmark Shanghai Composite Index on the Shanghai Stock Exchange closed at 2,852.77 points Tuesday, up 3.71 points, or 0.13 percent, from the previous close.