Finance & Economics

CREDIT CRUNCH

CIC Unlikely to Buy More of Blackstone

China's sovereign wealth fund, China Investment Corporation (CIC), is unlikely to inject more money into US private equity firm Blackstone, which the former had in last year spent multi-billion dollars on.

Zhang Hong | 2008-09-26

CREDIT CRUNCH

The Curse of Lehman Brothers

Shanghai-based Hua An Fund Management Co. is one of the casualties of Lehman Brothers' collapse. But the fund also has itself to blame for its current predicament.

Sun Jianfang | 2008-09-25

INTEREST RATE

More Rate Cuts to Come

The current financial storm in the Wall Street has quickened the pace for China to relax its monetary policy, and market analysts are expecting more interest rate cuts to come.

Sun Jianfang | 2008-09-23

MARKET INTERVENTION

Chinese Stock Market Looking Up After Government I...

The Shanghai composite index has jumped beyond 2,000 points in Friday's morning trading session after the government announced a series of measures on the night of Sept 18.

Hu Zhongbin | 2008-09-19

FUND

China's Pension Fund Picks Oversea Investment Mana...

Around eight global asset management firms have been picked by China's pension fund as potential managers to look after its overseas investment portfolios.

Wang Yu, Yuan Zhaohui | 2008-09-18

MONETARY POLICY

China Cuts Loan Rate and Deposit Reserve Ratio

Chinese policymakers have cut loan rates to boost liquidity and bolster growth.

Cheng Zhiyun, Liu Peng | 2008-09-17

TAXES

Economic Impact of China's VAT Regime Change

Labor-intensive industries are expected to lose out under a proposed Value-added Tax (VAT) regime change in China; and Chinese provinces with resource-based economy might gain.

Xi Si | 2008-09-10