Two years after starting a trial program allowing local governments to issue bonds directly, China is allowing two more provinces to the privilege. Jiangsu and Shandong province can now issue their own local government bonds, in addition to the original four provinces and cities of Shanghai, Shenzhen, Zhejiang and Guangdong province, according to the Ministry […]

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SHANGHAI stocks ticked up today as homebuilders leaped after media reported that China may lift financing barrier on the real estate sector.

CHINA Rongsheng Heavy Industries Group Holdings Ltd, the nation's largest private shipbuilder, said it is "actively" seeking government financial support after cutting jobs amid an industry downturn.

ASSETS under management in China's mutual fund industry shrank in the first six months of 2013 due to the slump in the country's stock market in June when the worst liquidity crunch in a decade emerged, an industry report showed today.

TOTAL premium income of Shanghai insurance sector fell in the first half this year from 2012 due to slow economic growth, weaker market demand, tight liquidity and poor investment returns, Shanghai branch of the Chinese Insurance Regulatory Commission said today.

CHINA'S passenger car sales continued its double-digit growth track in June, but some dealerships may get stuck in a cash tight situation partly due to the recent liquidity squeeze in the country' banking system.

ANDREW Sheng, chief advisor to the China Banking Regulatory Commission, said today that China's latest credit crunch which has pushed up interbank money rate to historical highs should not be a surprise when China pushes ahead with moves to liberalize its interest rate.

Credit crunch raises pressures on a shipbuilding industry that is already struggling with issues of overcapacity and high debt levels

SHANGHAI stocks ticked up slightly this morning as the gains of homebuilders and manufacturers outweighed the losses of oil stocks.

Chinese online game developer and operator Giant Interactive Group and South Korean game developer and operator Ntreev Soft Company Ltd. signed an agreement in Shanghai for the launch of a new product in China. Under the agreement, the two parties will…

THE price of oil eased to below US$101 a barrel yesterday after jumping higher on unrest in Egypt and signs of rising demand in the US.

Investigation into pricing by foreign and domestic companies come days after infant milk producers confirmed they had been targeted

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Every computer, every smartphone, and even many devices like refrigerators, cars, and ATMs have an Internet Protocol address. These IP addresses can be static or dynamic, which means they either permanently or temporarily correspond to an actual device somewhere in…

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Glenview, IL-based Illinois Tool Works Inc. says that it has acquired Vesta (Guangzhou) Catering Co., a kitchen equipment maker owned by Actis Capital, a private equity firm investing exclusively in Africa, Asia and Latin America. The terms of the deal are not disclosed, but the exit came just a little over two years after Actis […]

Visit ChinaMoneyNetwork.com for more great China Money Podcast audio and video Internet episodes covering important investment news and financial events in China, as well as daily news updates on important China business news happenings. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.

The Indian rupee is depreciating sharply, provoking anxiety about inflation, financial instability, and diminished debt-repayment capacity. But the rupee's decline is a symptom of a deeper problem: India's economy is in trouble, and the country's dysfu…

China launches probe into drug industry pricing but the real issue is whether this is thin end of antitrust wedge for multinationals in the country

China launches probe into drug industry pricing but the real issue is whether this is thin end of antitrust wedge for multinationals in the country