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Golf courses proliferate, defying govt ban

2011-05-23 12:59:53

Golf is now enjoying an explosion in popularity in the world's second-largest economy with a number of golf courses being built in recent years, despite the country's ban on golf course construction due to land use concerns.

iPad factory blast may hit sales

2011-05-23 12:55:13

Two workers died in an explosion at the iPad factory in Chengdu, capital of Sichuan province, on Friday evening. Sixteen others were injured, three seriously. The cause of the explosion was still under investigation late on Sunday.

WEF chairman confident of China's future growth

2011-05-23 12:47:02

Klaus Schwab, founder and executive chairman of the World Economic Forum, has expressed his confidence in China's continuing economic growth while disputing bearish comments on the country.

Italian motorcycle makers courting Chinese partners

2011-05-23 12:44:25

Struggling since the onset of the global financial crisis in 2008, some famed Italian motorcycle makers are now courting Chinese buyers, an Italian trade official said.

ChiNext Index opens lower - May 23

2011-05-23 11:28:03

ChiNext Index opened 2.12 points lower at 8873.31 on Monday

Gold price opens higher in Hong Kong - May 23

2011-05-23 11:27:14

Gold price in Hong Kong rose HK$77 to open at HK$14,015 per tael on Monday, according to the Chinese Gold and Silver Exchange Society.

Power firms get smart grid windfall

2011-05-23 11:26:28

Electricity companies in Northeast Asia are likely to reap rewards now that China's power distributor has decided to accelerate the construction of power transmission lines and substations as part of its effort to pave the way for a smart grid.

China's yuan weakens to 6.4998 per USD - May 23

2011-05-23 11:23:32

The Chinese currency renminbi, or the yuan, weakened 15 basis points to 6.4998 per US dollar on Monday, snapping the streak of appreciation for three consecutive trading days, according to the China Foreign Exchange Trading system.

Market exchange rates in China -- May 23

2011-05-23 11:21:19

The following are the central parity rates of the renminbi against seven major currencies announced Monday by the China Foreign Exchange Trading System

China stock index futures open lower Monday

2011-05-23 11:17:30

China's stock index futures opened lower Monday, with the contract for settlement in May, the most actively traded, opening 2.8 points lower at 3,119 from the previous close.

Chinese shares open slightly lower - May 23

2011-05-23 11:15:49

Chinese shares opened slightly lower Monday, with the benchmark Shanghai Composite Index down 0.18 percent to open at 2,853.29

Auto juggernaut slowed in April

2011-05-23 11:04:27

China's vehicle market has been racing ahead and creating history over the past two years, but the juggernaut stalled in April.

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