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A brave new IMF

2011-05-26 11:25:15

The BRICS countries' call for a truly transparent, merit-based and competitive process for the selection of the new head of the International Monetary Fund (IMF) is essential if this agency is to fulfil its purpose.

Ningxia builds 1st EV charging station

2011-05-26 11:21:47

Northwest China's Ningxia Hui autonomous region started construction on Wednesday for its first electric vehicle charging station as part of an ambitious "new energy" vehicle plan that is unfolding in China.

Fuel surcharges rise for the 3rd time this year

2011-05-26 11:19:05

Fuel surcharges for domestic flights rose again Thursday due to an increase in the procurement costs of aviation fuel, The Beijing News reported.

Shenzhen Development Bank mulls refinancing plan

2011-05-26 11:17:24

Shenzhen Development Bank's board of directors is considering supplementing capital through private offerings of additional shares and allotment, China Business News (CBN) reported Thursday, citing Sui Ning, the bank's chairman.

Grads urged to go west for jobs

2011-05-26 11:12:34

The State Council launched a series of measures on Wednesday to increase employment opportunities among this year's college graduates.

Unilever raises product prices, news report says

2011-05-26 11:09:24

Unilever PLC, the world's second-largest consumer goods maker by capitalization, after Procter & Gamble Co, reportedly starting raising the prices of some of its Hazeline and Lux brand products in Guangzhou, Guangdong province, on Tuesday.

Is the energy sector in crisis?

2011-05-26 11:06:16

China is facing a real challenge, or is it a crisis, in managing the consequences of power shortage in many regions at a time when recent events in neighboring Japan remind us of the interrelationship between nature and our fragile natural resources.

Markets slide for fifth day

2011-05-26 11:03:36

Stocks on the Chinese mainland fell for a fifth day on Wednesday.

Yuan rises to 6.4921 per USD Thursday

2011-05-26 10:59:54

The Chinese currency renminbi, or the yuan, continued to strengthen 28 basis points to 6.4921 per US dollar on Thursday, according to the China Foreign Exchange Trading system.

China pledges stronger IPR protection

2011-05-26 10:51:21

China on Wednesday pledged to further enhance efforts on intellectual property rights (IPR) protection and create a better environment for foreign investors.

Financial leasing companies look overseas

2011-05-26 10:48:16

Chinese financial leasing companies are improving rapidly and will soon begin to look for international opportunities, according to officials.

Glencore falls on HK stock debut

2011-05-26 10:45:56

Glencore International PLC's debut on Wednesday in Hong Kong in the world's biggest initial public offering this year may tempt investors to switch from rival Asian commodity traders.

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