Tags: China

Corruption trial showcases pervasive corruption in China

The corruption trial of former politician Bo Xilai showcased the extent and pervasiveness of corruption in China.


China Merchants Bank to raise USD5.68 billion

Merchants Bank Co. planned to raise CNY34.8 billion to bolster its capital and speed up growth as competition with smaller bank rivals in China intensified.

ZTE flags net profit as company cut costs

China's ZTE Corp flagged its third quarter earnings for the July to September period at the Hong Kong Stock Exchange.

Animal testing complicates L’Oreal expansion

L'Oreal's planned expansion into China's beauty markets had been burdened with complications as the country mandates animal testing for every new product introduced to Chinese consumers.


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A state think-tank said Chinese banks have reduced loans on property developments in smaller cities because of the glut in unsold homes there.
Trina Solar reported increase in sales as high demand for products developed in China and Japan. China's Trina Solar Ltd increased its forecast for panel shipments this year as sales in its own country increased.
Everbright Securities Co. faced a three month restriction on joining any property trading after it erroneously priced government bonds worth CNY10 million.
Private equity firms in China scrutinized on competency for international ventures. China's private equity firms are catching the attention of the financial industry.
Wang Jianlin, China's property mogul and also the wealthiest person in the country, said that he would increase his property holdings by 88% in 2014 and would expand overseas acquisitions.
Erroneous buy orders from Everbright Securities Co. prompted an early rally on China's bourse according to a securities regulator.
China's State Council would be reviewing the laws and regulations regarding foreign investments in the country.
China launched a fresh three-month slate to intensify its probe against rampant bribery in the medical services and pharmaceutical sectors in the country, according to the official Xinhua news agency.
China’s National Development and Reform Commission or NDRC planned to examine big industries such as petroleum, banking, auto and telecommunications as part of its ongoing investigations on anti-trust violations in the country.
In accordance with the new free trade zones, China planned to simply its legislation to attract foreign strategic and financial investors.
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