Economic Observer News- China business, politics, law, and social issues

STOCK MARKET: The Ban on 40 Billion Worth of A-shares to be Lifted this Week; The restriction on 40 billion US dollars worth of A-shares will be lifted on April 14; the shares will be allowed to be traded on China's Shanghai or Shenzhen stock markets.; The Beijing News | 2010-04-20

ECONOMY: CPI Will Rise in the Second Quarter; China's Development and Reform Commission (DRC) predicted recently that the CPI in the second quarter will experience a slight rise; the price of water, electricity, oil and natural gas will increase a certain level.; The Beijing News | 2010-04-20

FINANCE: China's Stock Index Futures Begin Trading; China's stock index futures market began trading today, with four contracts appearing in Shanghai and on the Shenzhen stock exchange. 9,137 accounts have been opened as of April 15th, 8,944 of which have been opened by individual investors and 193 have been opened by (non-investment related) companies.; China Securities Journal | 2010-04-16

LAW: Former President of China Development Bank Given Death Sentence; Wang Yi, former vice president of the National Development Bank, was handed a death sentence; his sentence has been suspended for two years. According to the verdict, Wang accepted bribes worth 11.96 million yuan. Liu Fangfei, a famous CCTV anchor who is rumored to be Wang's ex-girlfriend, is not involved in this case.; The Beijing News | 2010-04-16

REAL ESTATE: Second-home Buyers to Pay 50% Down-payment; Families who buy a second home will have to pay a down-payment of at least 50% of the total price and their interest rate can not be below the standard rate of 1.1 percent, according to requirements set out by a State Council executive meeting presided by Premier Wen Jiabao. This meeting also determined that local governments are required to curb the skyrocketing housing prices and maintain a heal...; Economic Observer Online | 2010-04-16

HEALTH: Outbreak of 139,000 Cases of Hand, Foot, and Mouth Disease in the First Quarter; In the first quarter of this year, there has been an outbreak of 139,000 cases of hand-foot-and-mouth disease in China; almost 10,000 cases more than the first quarter of last year. Most of the cases have occurred in the outskirts of urban areas where, according to Wang Quanyi, director of the Beijing Center for Disease Control and Prevention's Local Infectious Disease Control Department, children...; Caixin Online | 2010-04-16

NATURAL DISASTER: Death Toll of Qinghai Earthquake Rises to 589; The death toll of the Qinghai 7.1-magnitude earthquake rose to 589 as of 2 a.m. on Thursday, according to local quake-relief headquarters; another 8.000 more people have been reported injured and 15,000 residential houses have collapsed. This earthquake, which occurred at 7:49 a.m yesterday, has forced 100,000 locals to be dispersed.; China News | 2010-04-15

First Previous 1 2 3 4 5 6 7 Next Last GO Total 71 Page

Sinopec Plans to Construct Large Oil Refinery Project in Singapore: Chinese oil giant Sinopec plans to build a large petroleum and chemical refining project on Singapore's man-made Jurong island; Source:NDRC

State Council Rules Regarding Foreign Investment: China has recently released an announcement titled,“State Council Rules Regarding the Further Utilization of Foreign Investment.”; Source:Economic Observer

YEAR-END SPECIAL: Year-end Special: China's Road to Recovery; A digital book tracing the economic developments that have shaped China over the past year...