Government Updates
China cautioned to lend less to IMFChina lost billions in diversity drive
China should not give huge loans to the International Monetary Fund (IMF), which is planning to offer a helping hand to some European countries struggling due to the economic crisis, a top economist warned.
FDI in China falls for fifth consecutive month
China's foreign direct investment (FDI) fell for the fifth consecutive month in February to $5.83 billion, down 15.81 percent year on year, the Ministry of Commerce (MOC) announced Monday.
MOFCOM, MOF, PBOC, CBRC, CIRC: Opinions on Promoting Healthy Development of Credit Selling
MOFCOM, MOF, PBOC, CBRC, CIRC: Opinions on Promoting Healthy Development of Credit Selling
Read moreCBRC: Requires to Further Strengthen Service and Management of Bank Cards
CBRC: Requires to Further Strengthen Service and Management of Bank Cards
Read more2009 Government Work Report (EN & CN)
2009 Government Work Report (EN & CN)
Read moreChina to foster globally competitive logistics companies by 2011
China will foster a number of globally competitive logistics companies by 2011, said a stimulus plan of the country's logistics industry released on the government website on Friday.
China gives nod to 3 new QFII firms
The China Securities Regulatory Commission (CSRC) has granted approval for three new foreign financial firms to invest in the domestic stock market under the Qualified Foreign Institutional Investor (QFII) scheme, the Financial Times reported.
Read moreChina lost billions in diversity drive
China has lost tens of billions of dollars of its foreign exchange reserves through a poorly timed diversification into global equities just before world markets collapsed last year.