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Four rural co-ops fall victim to 110 million yuan fraud
16 january 2013 Four rural mutual financial cooperatives in a small county in East China became the victims of a more than 110 million yuan ($17.6 million) fraud. Eight of…
Social endowment insurance for Tibetans
16 January 2013 A general urban and rural social endowment insurance system has been set up in the Tibet autonomous region, according to the area’s social security authority. Cai Yitian,…
Chinese, US, Russian agencies set up rating group
16 january 2013 BEIJING — Three rating agencies from China, the United States and Russia will jointly launch a new credit rating company to rival current industry leaders and promote…
No big money exit from China
16 January 2013 China is still the most attractive destination for foreign investment The international media is once again drawing attention to China’s capital flight. In an Oct 22 article,…
China to launch 11 meteorological satellites by 2020
16 january 2013 BEIJING — China will launch 11 meteorological satellites before 2020 to boost the country’s weather monitoring network, according to the country’s meteorological satellite development plan (2011-2020) released…
Healthcare affordability highlighted
16 January 2013 BEIJING – China will raise the medical insurance level to further protect the sick from falling into poverty, Minister of Health Chen Zhu said. Chen made the…
CPI to decrease further, PPI to rebound: research
16 January 2013 China’s consumer price inflation is expected to decrease to 1.7 percent year-on-year in October, from 1.9 percent in September and 2 percent in August, investment bank Societe…
China to increase RQFII quota
16 January 2013 Chinese regulators are planning to continually ease investment restrictions for RQFII, or renminbi-Qualified Foreign Institutional Investors, and raise the quota to channel more domestic currency into the…
Chinese outbound investment accelerates
16 January 2013 BEIJING – China’s overseas mergers and acquisitions gained traction in recent years as domestic policies encouraged cash-abundant companies to spend on foreign assets amid the worsening eurozone…
Retired hutong queens boost business of British T-shirt maker
16 January 2013 BEIJING – Knowing the importance of having reliable workers and building rapport with the local community for his business in China, Dominic Johnson-Hill, an icon of Beijing’s…
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