Allowing a large number of companies to convert debt into equity would help not only enterprises with huge borrowings on their books but lenders, analysts said.
The State-owned Assets Supervision and Administration Commission launched a competition in Beijing on Monday, designed to boost innovation and creativity among centrally administered State-owned enterprises (SOEs) on a platform with integrated resources.
An industrial investment fund targeting poor areas was launched on October 17, with Zhang Hua from the State Development & Investment Corp elected board chairman of the managing company.
China's drivers will increasingly demand rust-proof cars. That's good news for the price of zinc, the anti-corrosion fighter that's already this year's top performer among base metals.
Shaun Rein appears frequently on television debates on China, pens columns, delivers keynote speeches at conferences around the world. The managing director of Shanghai-based China Market Research Group has also authored two books ...
A swimmer drowned Sunday in Hong Kong and another was left in critical condition as they took part in the city's annual cross-harbour swim, which attracts world-class international competitors.
China launched a pair of astronauts into space Monday on a mission to dock with an experimental space station and remain aboard for 30 days in preparation for the start of operations by a full-bore facility six years from now.
Chinese officials unveiled plans for Monday's launch of the country's latest space mission in which two astronauts will be blasted into space and will dock with an orbiting space lab.
A swimmer drowned Sunday in Hong Kong and another was left in critical condition as they took part in the city's annual cross-harbor swim, which attracts world-class international competitors.
The Chinese government may not be interested in developing horse racing but the Hong Kong Jockey Club is keen to cultivate more owners from mainland China, their Senior International Racing Consultant told AFP.