US ratings firm Standard & Poor's said it had revised its estimates for the level of bad Chinese banking assets because of a rapid increase in loans, but cautioned that capital inje... Read more
Li Rongrong, minister in charge of the State-owned Assets Supervision and Administration Commission of China's State Council announced that China will take five measures to restructure a... Read more
High-profile businessman Jiang Jizeng, the former president of China Trust and Investment Corporation for Economic Development, went on trial in Beijing accused of manipulating stock prices... Read more
China's vice-minister in charge of the State-owned Assets Supervision Administration Commission (SASAC) said that China welcomes overseas investors to take over its state-owned enterpris... Read more
The Chinese government said it would deepen fiscal reform and accelerate improvement of the public finance system. The government announced that the tax system would be simplified, rural tax... Read more
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