3 Reasons Baidu Stock Is Dancing With $100
Source: The Motley Fool
Shanghai :: China | updated 2013-06-18 17:40:58 -0700 | business-news
Yes, in its latest quarterly report, Baidu missed analysts' revenue estimates ...Over the past year, you've seen that market share fall as low as the 55%, according to Statcounter. Around this time last year, Qihoo came in and decided it didn't...
Caravans to see rapid growth in China
Source: Chinadaily
Shanghai :: China | updated 2013-06-18 18:50:10 -0700 | business-news
The number of caravans in China is expected to increase by about 50 percent or more annually over the next three to five years, an industry expert said Tuesday...Currently, China has more than 10,000 caravans and about 100 campgrounds for...
PBOC signals no policy loosening
Source: Chinadaily
Shanghai :: China | updated 2013-06-18 15:08:14 -0700 | business-news
People's Bank of China Tuesday drained 2 billion yuan ($326 million) from the money market despite banks' reported call for cash injection, suggesting regulators are keen to keep liquidity tight amid growing jitters of China's financial risks. The 2-billion 91-day...
$19m of social security benefits falsely claimed
Source: Chinadaily
Shanghai :: China | updated 2013-06-18 09:50:04 -0700 | business-news
As much as 113.89 million yuan of the fraudulently collected benefits have been recovered, the report said. Last year, about 2.12 million audits were conducted nationwide on Chinese enterprises about their social insurance practices. The audits revealed unpaid social insurance...
China Resources International approves analysis and begins mining production at fourth site in ...
Posted by: chinaresourcesintl
Shanghai :: China | updated 2013-06-18 18:43:39 -0700 | business-news
The Jilin province mine was acquired by China Resources International in 2010. The company has since, conducted feasibility studies and begun production at each of the 4 distinct sites. Today approval was given to begin drilling on the final site....
Space lotuses to touch down in Shanghai
Source: China News
Shanghai :: China | updated 2013-06-18 18:50:39 -0700 | green-news
The 50 flowers of 13 varieties grown from seeds that traveled into space will be on show at Guyi Gardens on June 28. "The space lotuses will be a highlight, as many people are excited about the recent space mission,"...
'Legal weapons' against pollution offenses
Source: China News
Shanghai :: China | updated 2013-06-18 12:07:27 -0700 | green-news
Experts said the interpretation will provide "legal weapons" to combat such crimes. "At present, environmental pollution is very serious across the country, which seriously harms the ecological environment, and poses a great threat to people's health and property safety," Hu...
Price war between e-commerce firms hotter
Source: China News
Shanghai :: China | updated 2013-06-18 12:07:44 -0700 | business-news
A price war has flared up again among Chinese e-commerce websites, despite government officials accusing them of "fooling consumers with promotional activities" just nine months ago. JD.com, also known as Jingdong, offered heavy discounts on millions of products, including some...
Adorable baby raccoon mistaken for a bear cub rescued by a police officer in China after being ...
Source: Mail Online UK
Shanghai :: China | updated 2013-06-17 14:29:32 -0700 | political-news
17 June 2013 0 View comments This may be one of the most adorable cases of mistaken identity the animal world has ever known. A baby raccoon dog was confused for a bear cub and taken in by local police...
China Banks Seek Cash-Crunch Relief
Source: Asian Wall Street Journal
Shanghai :: China | updated 2013-06-17 18:58:25 -0700 | business-news
Beijing as it grapples with weaknesses in its financial system: add money to its system to help its lenders, or stay the course to rein in a rapid expansion of credit. The Chinese interbank funding market has seen rates soar...
Food-safety offenders to receive harsher penalties
Source: China News
Shanghai :: China | updated 2013-06-17 11:40:20 -0700 | political-news
Shanghai ( China Daily) Shanghai strives to impose economical and legal deterrents on lawbreakers Shanghai has stepped up its punishment for those found to be endangering food safety by removing ceilings for fines and allowing the death penalty for severe...
Village bids farewell to woman whose son died in Ya'an quake
Source: China News
Shanghai :: China | updated 2013-06-17 11:40:11 -0700 | green-news
Zhang, 40, took pesticide on Sunday afternoon, becoming the first known suicide in the aftermath of the magnitude-7 earthquake that struck Ya'an, a city that administers Lushan, on April 20. The disaster left 193 people dead, 25 missing and 12,211...
TCL Chinese Theatre owners look to pandas, Imax to draw visitors
Source: Los Angeles Times
Shanghai :: China | updated 2013-06-17 09:23:38 -0700 | entertainment-news
A new Imax short documentary on pandas, a 3-D Imax history of Hollywood, and live music or dance shows aimed at tourists are among the projects the owners of the TCL Chinese Theatre are pursuing to draw more visitors --...
China's interbank rate back to normal level
Source: China News
Shanghai :: China | updated 2013-06-17 08:25:07 -0700 | business-news
China's borrowing costs between banks plummeted on Monday, returning to normal levels after rising to about 9 percent last week. The Shanghai Interbank Offered Rate overnight dropped 215.50 base points to 4.81 percent, suggesting eased cash flow among China's financial...
Lenovo, Suning reach 3-year strategic agreement
Source: Chinadaily
Shanghai :: China | updated 2013-06-17 07:26:24 -0700 | business-news
Personal computer giant Lenovo Group Ltd signed a three-year strategic agreement with Suning Appliance Co Ltd, targeting sales worth 30 billion yuan from Suning's distributing channels by 2015. Lenovo, which has a product line including personal computers, mobile phones and...
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