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- DISASTER
- Henan Coal Mine Gas Explosion Claims 44 Lives
- The death toll from the Ping Dingshan coal mine gas explosion which occurred on September 8 in central China's Henan Province has risen to 44, with 35 miners still trapped underground, according to Xinhua News Agency.
- Southern Metropolis Daily | 2009-09-10
- INSURANCE
- Bank of China Expands Investment in Insurance Sector
- Sources revealed that Bank of China (BOC) has gotten the green light to acquire shares from Tianjin-based Heng An Standard Life Insurance Company through its wholly-owned subsidiary, BOC Insurance.
- China Securities Journal | 2009-09-10
- EXECUTIVE PAY
- China To Regulate Executive Incomes
- China's top economic planner is soliciting opinions on a directive that aims to enhance income regulation at state-owned enterprises. According to those familiar with the details of the plan,it will limit excessively high incomes at some monopoly industries and will be introduced before the end of this year.
- Shanghai Securities News | 2009-09-10
- COMMODITIES
- Price of Gold Tops 1,000 US Dollars
- The price of an ounce of gold on international spot market surpassed the 1,000 US dollar mark for only the third time in history, yesterday. The price of the precious metal has risen by 7% over the past week and by over 50% since last October.
- National Business Daily | 2009-09-09
- STOCK MARKET
- Limits on Foreign Investment in China's Stock Markets to be Scaled Back
- Chen Deming, the Minister of Commerce, said China will gradually allow qualified foreign-invested enterprises to be listed on China's stock markets and will also reduce the limitation on the amount of equity that foreign investors can have in domestically listed companies. The announcement follows last week's decision to increase the limit on the amount that Qualified Foreign Institutional Investo...
- China Stock Journal | 2009-09-09
- AUTOMOTIVE
- Auto Sales to Break 10 Million by October
- More than 1 million cars were sold in China during August and it's predicted that the total sales volume in the domestic auto market for the first ten months of 2009, will exceed 10 million units.
- Caijing | 2009-09-09
- BANKING
- Signals from China's Central Bank
- Su Ning, vice president of China's central bank, was recently quoted as saying that China should establish a new mechanism to “supplement liquidity”. His speech triggered debate among industry players about what exactly this new mechanism might be.
- Securities Daily | 2009-09-08
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Briefs
- CPI Down 1.2% in August
- CPI registered a year-on-year decline of 1.2 percent in August, according to statistics released this morning.
- Source:National Bureau of Statistics
- China to Issue Government Bonds in Hong Kong
- China will sell 6 billion yuan of government bonds in Hong Kong for the first time later this month.
- Source:Ministry of Finance
- SPECIAL FOCUS
- From Stimulus to Restructuring
- China's economic policy makers are shifting their focus from stimulus to restructuring.
Interactive
Prices at the pump have gone up by between 0.22 yuan and 0.26 yuan per liter.
Multimedia
Despite many people losing their spouse in last year's disaster, life still goes on in Beichuan. Twe...
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