The Chinese mainland is to levy five-year anti-dumping duties from Aug. 30 on BPA (Bisphenol-A) imported from Japan, Singapore, Republic of Korea, and Taiwan, said the Ministry of Commerce on Wednesday.
Importers of BPA, a type of organic chemical mainly used in producing antiseptic and paint, would have to pay a 5 to 37.1-percent duty to [...]
China’s central bank says the country’s credit environment has been improved because a credit information database is in place.
A senior official with the People’s Bank of China says the bank wants to expand the use of the database to reduce credit risks and strengthen commercial security.
Put into full operation nationwide from January 1st, 2006, China’s [...]
China Vanke Co., the country’s largest publicly traded property developer, will seek as much as 5.9 billion yuan ($781 million) in a bond offering, after raising 10 billion yuan selling new shares last week.
The bonds will have maturities of three to seven years, the Shenzhen-based developer said in a statement to the city’s stock exchange [...]
IKEA, the world’s biggest furniture retailer, posted a 58 percent increase in mainland sales during the 2007 fiscal year, which ran from September last year to the end of August, the company said today.
The Swedish furniture retailer’s four mainland outlets have served 14.8 million visitors this fiscal year, up 37 percent from last year.
IKEA said [...]
China produced 145 tons of gold in the first seven months of the year, a rise of 15.44 percent over the same period last year and the biggest growth in the past decade, according to statistics of China Gold Association.
Chinese gold industry produced 240 tons of gold and raked in a profit of 6.1 billion [...]
Industrial and Commercial Bank of China, the largest of China’s Big Four commercial bank, announced yesterday that it plans to pay HK$4.5 billion for an 80% stake in Macao’s Seng Heng Bank, owned by Stanley Ho, the wealthiest person in the special administrative region (SAR).
According to ICBC’s plan, Ho will sell 70% shares held by [...]
