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China / Business

What's news

[2017-08-16 08:49]

GOVT AND POLICIES

Banks' NPL ratio stays stable at 1.74 percent

[2017-08-16 08:49]

China's credit asset quality remains generally stable, with the nonperforming loan ratio of commercial banks unchanged, quarter-on-quarter, at 1.74 percent as of June 30, said the country's top banking regulator.

Sinopec goes big on geothermal

[2017-08-15 09:24]

State-owned China Petroleum & Chemical Corp, also known as Sinopec Corp, said it will further develop geothermal energy in Xiongxian county, Hebei province, as it seeks to make the region smokeless.

In-flight Wi-Fi now seen as vital service

[2017-08-15 09:24]

The three Asia Pacific airlines with the highest customer expectations of high quality in-flight Wi-Fi are all from China - Air China, China Eastern Airlines and China Southern Airlines.

China's dairy industry moves to recapture public trust

[2017-08-15 09:24]

SHANGHAI - Wearing a pedometer to ensure a good amount of exercise, getting a manicure regularly to increase comfort levels, listening to romantic background music and showering several times a day to keep clean and cool - this is the life of a cow in Shanghai.

Pharma companies eye US acquisition

[2017-08-15 09:24]

Outbound Chinese pharmaceutical companies are consolidating their deployment in overseas markets, with both Fosun Pharma and Shanghai Pharmaceuticals eyeing the same acquisition target.

Oil giant to wrap up key reforms by Nov

[2017-08-15 09:24]

State-owned oil and gas producer and explorer China National Petroleum Corp vowed on Monday that it would complete important internal corporate reforms by November, which would make it more streamlined, efficient and market-focused.

China stocks close higher on tech-fueled rebound

[2017-08-15 09:24]

SHANGHAI - Chinese stocks added to early gains on Monday to end higher as investors looked for opportunities on the back of last Friday's losses.

Yuan rate 'has more room for maneuver'

[2017-08-15 09:23]

China has further room to improve the current controlled floating exchange rate regime, as it moves toward the ultimate goal to allowing the yuan to float freely, said a former senior official with the nation's top forex regulator.

Currency expected to be on the higher side in second half

[2017-08-15 09:23]

The yuan is expected to be on the higher side in the second half of 2017 as China's capital outflows reduce and optimism grows over the nation's economic growth, said a senior US economist.

Holiday season gives Moutai cheer

[2017-08-15 09:23]

Kweichow Moutai Co, the best-known high-end Chinese liquor, has witnessed rising demand and a supply shortage in the weeks leading up to Mid-Autumn Lantern Festival and the National Day holiday.

Nation on track for 5 maglev lines by 2020

[2017-08-15 09:23]

China will operate more than five magnetic levitation rail lines with maximum speed of 160 kilometers per hour in cities including Chengdu, Wuhan and Guangzhou by 2020, said its manufacturer CRRC Dalian Co Ltd on Monday.

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