Business News

Wal-Mart price pressure hurts workers here (Agencies) Updated: 2009-11-26 11:00 Wal-Mart Stores Inc's demand for rock-bottom prices from suppliers in China means some of these companies are forcing their employees to work in sweatshop-like conditions, a new report said on Wednesday.

AGCO to invest $100m in China (Xinhua) Updated: 2009-11-26 10:59 AGCO, the world's third biggest agricultural equipment maker, said on Wednesday it would invest $100 million in China in the next three to five years to boost its presence in the emerging market.

China urges increase of gas output, import (Xinhua) Updated: 2009-11-26 10:58 China's top economic planner, the National Development and Reform Commission (NDRC), Wednesday urged major natural gas providers to further boost production and seek imports to ease the gas shortage.

2010 Asian Games tickets to go on sale (Xinhua) Updated: 2009-11-26 17:04 Two million tickets will be available for worldwide sales and 87 percent of all tickets for the 2010 Asian Games will range from $1.5 to $58, organizers announced in Guangzhou on Wednesday.

Steel firms blast US' latest levies By Ding Qingfen (China Daily) Updated: 2009-11-26 07:45 China railed against the United States' decision to slap anti-subsidy duties on Chinese-made steel pipes for the oil industry, the latest trade dispute between the two nations.

New hydro project kicked off in Sichuan (Xinhua) Updated: 2009-11-26 11:22 Construction on a major hydro project on a tributary of the Yangtze River started Wednesday in southwest China's Sichuan province.

Fog causes transport delays, closures By Meng Jing (China Daily) Updated: 2009-11-26 07:52 The heaviest fog this winter hit Beijing at rush hour yesterday morning, causing delays and confusion on the city's roads and runways.

Banks 'tracking' capital situation By Wang Bo (China Daily) Updated: 2009-11-26 07:58 Chinese lenders are regularly keeping tabs on their capital requirements, and the stock market should not be overly concerned about banks' capital adequacy ratios, a senior official at the nation's top banking regulatory body told China Daily yesterday.

Foreign insurers in JVs with local money managers By Hu Yuanyuan (China Daily) Updated: 2009-11-26 07:58 Aviva, the world's fifth-largest insurance group, has inked an agreement with Henan-based Central China Securities to set up a joint-venture asset management company, sources told China Daily yesterday.

Sinopec, TPG considering joint bid for LyondellBasell (China Daily/Agencies) Updated: 2009-11-26 07:58 NEW YORK: China Petroleum & Chemical Corp (Sinopec), the nation's biggest oil refiner, and US buyout firm TPG have weighed a bid for bankrupt chemicals company LyondellBasell Industries AF that could challenge Reliance Industries Ltd's offer of about $12 billion, said two people familiar with th ...

Couriers' price hike threatens online business By Qiang Xiaoji (chinadaily.com.cn) Updated: 2009-11-26 18:01 Several domestic private couriers recently adjusted prices of their express delivery services. Shentong Express, Shanghai Yuan Tong Express, Yunda Express and ZTO Express all published statements on their websites, announcing a hike in prices by one to two yuan per kg.

Young white-collar Chinese take out insurance against flu By Wan Li (China Daily) Updated: 2009-11-26 08:01 Young people concerned about A/H1N1 influenza are taking out insurance against the potentially deadly disease.

Bar, restaurant restrictions for Nanluoguxiang By Zhao Yanrong (China Daily) Updated: 2009-11-26 07:52 The managers of Nanluoguxiang, one of Beijing's most popular streets with a 742-year history, plan to restrict the number of bars and cafes in the popular tourist precinct.

Cabbies strike over govt revamp By Hu Yongqi in Beijing and Tong Hao and Zhu Xingxin in Putian (China Daily) Updated: 2009-11-26 07:45 More than 1,200 taxi drivers in Putian, Fujian province, have been on strike for the past eight days to protest an overhaul of the industry by the local government.

Gindalbie may get funding from CDB By Liu Yiyu (China Daily) Updated: 2009-11-26 07:58 Western Australian iron ore producer Gindalbie Metals Ltd and Chinese steelmaker Anshan Iron & Steel Group Corp (Angang Group) are planning to invest A$1.8 billion to develop the Karara iron ore mine in Australia and expect to obtain loans amounting to $1.2 billion from China Development Bank by ...

Baidu to boost search engine market share with new services By Chen Limin (China Daily) Updated: 2009-11-26 07:58 Chinese search engine Baidu Inc yesterday launched two services for mobile users, in an effort to gain an edge and market share in the world's largest mobile market.

To buy or not to buy: Chinese home buyers' dilemma (Xinhua) Updated: 2009-11-26 18:07 Shou Zhenwei, a 28-year-old State-owned company employee in Beijing, paid 1.4 million yuan ($205,000) for a two-bedroom apartment this month, realizing a long-cherished dream.

Real estate reflects falling morality (China Daily) Updated: 2009-11-26 07:50 Yu Bin, head of macroeconomic research department of the Development Research Center, under the State Council, recently said China's realty sector had become the country's economic lifeline. If this is true, then it is dangerous and pathetic both, says an article in Qilu Evening News. Excerpts:

Regulation of news portals needed By Qiao Xinsheng (China Daily) Updated: 2009-11-26 07:50 The emergence of an increasing number of problems and malpractices in the process of the rapid development of China's Internet has made it vital to build a binding legal framework to regulate the fast-growing online sector.

Medical service prices (China Daily) Updated: 2009-11-26 07:50 Cutting medical bills to make healthcare affordable for ordinary people is the aim of the current reform of healthcare system; as is the expectation of most people, especially low-income earners.

Punishment too light (China Daily) Updated: 2009-11-26 07:50 Should deliberately defaulting on employees' pay be made a crime? This is a question that requires serious attention to protect the legitimate rights and interests of employees.

<< Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 Next Page >>

Advertise with us >>