The unusually bold remarks by Prime Minister Wen Jiabao appeared to be a challenge to others in the Communist Party leadership to speed up reforms of the financial system.
China said that its monthly trade deficit reached $31.5 billion in February, its weakest performance in over a decade and the latest indication of slowing growth in the nation’s economy.
The vote clears the way for Shanda Interactive Entertainment, a Chinese online game developer, to be taken private by a management team led by the company's founding chairman.
The New York Global Group has helped bring Chinese companies public in the United States through reverse mergers, or buying the shell of defunct American companies that had been publicly listed.
A vehicle known as a variable interest entity allows Chinese companies like Alibaba to accept money from foreign investors through an offshore entity, even in restricted industries.
The online division of the People’s Daily will sell as much as $85 million in stock to compete with private media in China, as well as emulate global giants like CNN and News Corporation.
More than 100 workers had protested on the roof of a three-story building at the company's factory in Wuhan, China, with several threatening to commit suicide if their demands were not met.
The trial program comes amid concerns about the financial health of regional authorities and efforts by Beijing to tame inflation and a property bubble.
Hundreds of people were injured Tuesday when a subway train slammed into the rear of another train in a sprawling transit line that had opened just last year in Shanghai.
Huawei, a longtime partner of Motorola, said it is concerned that the equipment and technology Motorola is selling to Nokia Siemens includes technologies developed by Huawei.
China, the world’s biggest exporter, faces economic worries at home and trade frictions over its currency policy, as well as fallout from some diplomatic missteps.
China’s Central Bank said it would raise interest rates for the first time in nearly three years, apparently in the hopes of dampening inflation and cooling off the hot property market.
The$735 million venture joins others that are raising huge funds denominated in the renminbi. Beijing hopes such investments will strengthen the nation’s capital markets.
The plan to develop fuel-efficient engines and advanced transmissions with S.A.I. C. deepens G.M.’s cooperation with one of its major partners in China.
Authorities are worried that banks and trusts are forming partnerships and creating products to evade rules aimed at slowing bank lending and reducing excess credit.
Experts say that unseating Japan underscores China’s clout and bolsters forecasts that China will pass the U.S. as the world’s biggest economy as early as 2030.
Kenny Huang, 46, who has made marketing deals in China with U.S. teams, is said to be interested in buying the Liverpool soccer club of the English Premier League.
Yuan Yandong on his way to punch in at the Foxconn factory in Shenzhen, China, on Thursday.A day in the life of Yuan Yandong, who works a 12-hour shift on a fast, precise assembly line in China. How long can he keep up the killing pace?
The electronics manufacturer, which supplies Apple, Hewlett-Packard and other technology giants, has been stung by labor shortages and a rash of employee suicides.
A 19-year-old Foxconn employee was found dead, the ninth suicide this year at a factory operated by one of the world’s largest contract electronics manufacturers.
Rio Tinto said that it had joined two other global mining companies in deciding to sell iron ore based on quarterly prices, a move that effectively ends a decades-old annual pricing system.
The four employees of the British-Australian mining giant face five to 15 years in prison in a ruling that is being closely watched by foreign companies operating in China.
The deal is Carlyle’s latest push into the fastest-growing major economy and an indication of the larger role Chinese companies are seeking in global deal-making.
Kohlberg Kravis Roberts & Company and TPG Capital have tentatively agreed to pay close to $1 billion to acquire Morgan Stanley’s stake in China’s leading investment bank.
Chinese regulators said in late December they shut down a dairy factory and arrested three executives for selling contaminated products. On Wednesday, officials admitted that the arrests actually took place last April.
Chinese regulators said in late December they shut down a dairy factory and arrested three executives for selling contaminated products. On Wednesday, officials admitted that the arrests actually took place last April.
United States officials said the company paid about $7 million for hundreds of trips by employees of China’s telecommunications companies to visit America for sightseeing vacations.
Companies like Mary Kay Cosmetics and Amway have created hundreds of thousands of jobs in China, mainly among women. But direct selling has its skeptics.
The company said Tuesday that a second manager who worked in a Shanghai bottling plant has been detained on suspicion of accepting bribes or kickbacks.
Three days after announcing that he was resigning as the head of Google’s China operations, Lee Kai-Fu said he had raised $115 million to create a company that would fund high-tech start-ups in China.
Some critics wondered if Beijing’s crackdown on executives was really an excuse by the Communist Party to eliminate rivals and their corporate supporters.
Many economists worry that too much of China’s growth has been fueled by aggressive, state-directed lending that could eventually result in a soaring government debt.
Thirty years after China began enforcing a one-child policy, city officials will offer emotional counseling and financial incentives to couples willing to have a second.
The four employees of the mining giant accused of staling state documents could be spared the more serious spying charges, the Australian foreign minister said.