China Daily

Profits of central SOEs surge 18%

(China Daily) China's State-owned enterprises under central government administration posted a record high net profit of 1.11 trillion yuan ($166.94 billion) from January to September, thanks to more supply-side reforms, reducing the... Read more ...

Rare earth prices set to see more declines

(China Daily) Prices of rare earths are set to fall further in the next few months as oversupply and lower prices for other commodities hurt offtake, said experts. "Traders are selling their existing stocks as the State Reserve Bureau, which... Read more ...

Revised rules to benefit pensions

(China Daily) China released revised regulation on securities insurance and underwriting on Tuesday that gives insurance funds priority to subscribe to new shares offline, a move to benefit the public and improve market-oriented stock pricing. ... Read more ...