China Economic ReviewHong Kong held on to its position as the world's freest economy for the 11th year running, according to the Heritage Foundation's annual ranking. Ranked top of the 2005 Index of Economic Freedom, the Special Administrative Region's virtues, according to the foundation, include its duty-free port with no barriers to trade, low level of government […]
American TV producer HBO signed a deal to broadcast six hours of programming daily on state-owned CCTV's digital pay TV channel, First Theatre, state media reported. Financial details of the deal were not given. HBO, owned by media giant Time-Warner, already has a content deal with Shanghai Media Group to provide 50 American films to […]
China Construction Bank (CCB) and Shenzhen Development Bank announced they were joining forces in an effort to boost competitiveness and streamline their services in the face of expected growth of foreign competition. The agreement will cover cooperation in corporate finance, individual finance, foreign exchange business and fund management among others, a CCB official told state […]
The People's Bank of China is targeting money-supply growth of 15% in 2005, officials said at the end of the central bank's annual planning conference, state media reported. The target is 2 points down from last year's original target, but, according to official media reports, close to what M2 growth actually turned out to be […]
Chinese Premier Wen Jiabao is to attend an emergency summit of Southeast Asian leaders being held on Thursday in Jakarta to discuss the aftermath of the recent tsunami disaster, state media reported. The announcement is seen as a further sign of China's intent to play a more prominent role in regional and international affairs in […]