Deposit insurance system to be introduced
2011-01-08 10:15:59
The People's Bank of China (PBOC), the country's central bank, is on track to establish a deposit insurance system to strengthen risks management in the financial sector, while vowing to implement a prudent monetary policy in 2011 to soak up excessive liquidity.
Big push to unlock affordable housing
2011-01-08 09:00:58
The man in charge of China's top land watchdog pledged on Friday to continue to carefully manage the availability of building plots in an effort to curb soaring property prices.
China's nimble funds top 2010 equity ranking: Lipper
2011-01-07 15:35:27
China's bond and overseas investment funds outperformed domestic equity funds in volatile markets in 2010, while several small and nimble fund houses beat their bigger rivals, data from Thomson Reuters Lipper showed.
Beijing leads in housing price hike
2011-01-05 15:48:23
Average prices of newly built commercial-residential buildings in the country’s four first-tier cities, Beijing, Shanghai, Guangzhou and Shenzhen, all surged in 2010, according to China Real Estate Information Corp (CRIC), the Shanghai Securities News reported Wednesday.
Property prices soared 24% in 2010: Research
2011-01-04 15:42:35
China's property prices soared by almost 24 percent in 2010, Guangzhou Daily reported Tuesday, citing data from an unofficial research report.
Gold, jewelery popular in China
2010-12-04 15:23:44
Gold jewelry is never just a bond of affection to the Chinese, it is also endowed with the hope of maintaining and increasing the value of assets as a surging investment demand seen around the country.
Liberty Mutual taking giant steps in China
2010-12-02 10:45:10
Liberty Mutual Insurance Co, the fifth-biggest foreign insurer in China, made another stride on Wednesday into China's insurance market, at a time when most overseas insurers are re-examining their business models in the face of stagnant growth.
Family thinking thrifty to save cash
2010-11-30 15:41:10
Our family has had to put off some shopping plans. We won't be buying that new car or replacing our old color television. We'll have to wait until things get back to normal.
Investors see gold as inflation hedge
2010-11-30 10:29:05
Investors are flocking to banks and famous gold stores in Shanghai to snap up the yellow metal as a hedge against inflation.
China approves first gold fund as demand rises
2010-11-30 10:01:54
China approved the country's first mutual fund that bets on gold prices, as inflation fears fuel demand for the precious metal. Investors see gold as inflation hedge
Auction houses have lots going their way
2010-11-29 14:06:58
Beijing's auction industry is enjoying a record-breaking year and things look set to get even better with major auction houses announcing plans for more high-profile sales.
Curbs power high-end real estate
2010-11-23 10:58:25
The price of luxury homes in China's key cities saw an increase due to the government's policy to restrict the amount of homes a family could purchase and investors' eagerness to hedge growing inflation risks. Luxury homes may rise 15% in Beijing, Shanghai