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China Business News

China 'still a draw' for many US firms

China is still an attractive destination for US investments despite rising labor and raw material costs, according to the US Chamber of Commerce. ...

By Li Jiabao (China Daily), added at 5/16/2012

SSF eyes the 'real economy'

Plans to invest in central enterprises as it seeks steady returns to pay pensions ...

By Cai Xiao in Beijing (China Daily), added at 5/16/2012

China's foreign trade to be more balanced

A container with export goods is offloaded from a truck at Qingdao port in Shandong province. Weak global demand has hit China's exports in recent months, but the country is confident of achieving 10-percent growth in overseas shipments this year. [Photo/China Daily] ...

By Ding Qingfen (China Daily), added at 5/16/2012

China remains largest foreign US creditor

China remains the largest foreign holder of United States Treasury securities after boosting its stockpile by $14.7 billion to $1.17 trillion in March, the US Treasury Department reported Tuesday. ...

By Wei Tian (chinadaily.com.cn), added at 5/16/2012

Rising releases new anti-virus software

China's Internet security provider Beijing Rising International Software Co Ltd on Tuesday released the nation's first business-level anti-virus system based on private cloud technology in an effort to maintain its lead in the corporation anti-virus sector. ...

By Gao Yuan (chinadaily.com.cn), added at 5/16/2012

Demand for loans remains weak

China's four biggest banks made almost no new loans in the first two weeks of May, extending the sleepy credit growth in April, banking sources said. ...

By He Wei (chinadaily.com.cn), added at 5/16/2012

McDonald's to double number of Chinese employees

McDonald's Corp said it will almost double the number of Chinese employees by the end of this year in order to follow its fast expansion plan in the country. ...

By Li Woke (chinadaily.com.cn), added at 5/16/2012

Yuan position shows 1st monthly decline in April

China's yuan position for purchasing foreign exchange showed its first monthly decline in April this year, sparking concerns over increasing capital outflows and the negative effect on monetary policies. ...

By Wang Xiaotian (chinadaily.com.cn), added at 5/16/2012

Do you qualify as a white-collar worker?

BEIJING - Decent pay, a nice office and stylish dress have usually been considered the trappings of a white-collar worker. But in China, where the public widely picture the group as symbols of a quality and leisurely lifestyle, it seems having these credentials is not enough for someone to meet the ...

(Xinhua), added at 5/16/2012

Beijing home sales surge in May

Beijing's property sales, including new and pre-owned homes, saw a strong rebound in the first half of May, statistics from real estate brokerage firm Century 21 showed on Wednesday. ...

By Hu Yuanyuan (chinadaily.com.cn), added at 5/16/2012

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