The People’s Bank of China (PBoC) said in its quarterly monetary policy report that it will “gradually guide monetary conditions back to normal levels from the counter-crisis mode,” Bloomberg
Property prices in 70 large- and medium-sized Chinese cities rose 9.5% year-on-year in January, the National Development and Reform Commission announced. It is the eighth consecutive month in which prices have risen after real estate stimulus measures were introduced in late 2008,
Bank of East Asia (BEA) will focus on expanding its operations in China after strong lending growth in the mainland helped the bank return to profit in the second half of last year, Bloomberg reported.
Hong Kong’s banks will be able to conduct more renminbi business for corporate clients and local companies will be encouraged to issue renminbi-denominated bonds according to new rules announced by the territory’s monetary authority, the
China and Costa Rica announced Wednesday that they have agreed on a framework for a free trade agreement, AFP reported. Talks on an agreement began in earnest in 2007 after Costa Rica
Chongqing Changan Automobile said in a statement to the Shenzhen Stock Exchange that it plans to raise up to US$585.3 million through issuing new shares, the
Anglo-Australian mining giant Rio Tinto is keen to strengthen its relationship with Beijing despite tension over iron-ore price negotiations and the impending prosecution of four company employees in China on charges of bribery and obtaining commercial secrets. "We recognize that China will need
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