Wenzhou wealthy look to commercial property
2010-05-26 09:45:46
To invest in commercial properties or pour money into luxury apartments, this has been the question frustrating Wenzhou businessman Alex Wang since the government launched its rigorous policies to curb speculative home purchases in mid-April.
Three get lengthy terms for card scam
2010-05-24 14:17:39
Three people have been sentenced in Beijing's Tongzhou Court for a credit card fraud that netted them 540,000 yuan, according to Beijing News.
Art makes a valuable impression
2010-05-24 09:57:48
Kevin Ching, chief executive officer for Sotheby's in Asia, believes Chinese mainland buyers are having a dramatic effect on the Western art market.
Chinese take the art market by storm
2010-05-24 09:21:23
Chinese mainland's billionaire art buyers, who are taking the international market by storm this year, could be about to make their next move in Hong Kong this week. These collectors, many of them newly rich entrepreneurs, are transforming the fortunes of the art market. 
Art makes a valuable impression
Online payment services start providing support for charities
2010-05-21 10:26:08
As online payment platforms grow in popularity, they have become a new way to make charitable donations in China.
Bad debt, late payments on credit cards surge to 8.8b
2010-05-20 17:32:11
China added 1.11 billion yuan in the first quarter of this year to its balance of credit card bad debts, statistics by the People's Bank of China (PBOC), the central bank, showed yesterday.
Credit card fraud cases on the rise
2010-05-19 13:27:41
Xicheng district court heard 17 credit card fraud cases involving 2,4 million yuan from December 2007 to December last year, of which only about 170,000 yuan was recovered.
Hotels raising rates ahead of uni exams
2010-05-19 13:10:25
Prices of hotel rooms near centers for university examinations have jumped as much as 20 percent, hours after applications for the exams closed on Monday.
Speculators drive the prices of mung beans up
2010-05-18 11:59:14
As the property market begins to show signs of cooling, agricultural produce such as garlic and mung beans have won favor from speculators.
Many property buyers 'delaying' their purchases
2010-05-18 10:36:52
The series of strict measures rolled out by the authorities to rein in soaring property prices over the past month seem to have only delayed purchases by potential buyers in most urban areas, latest statistics have showed.
Putting the ink on a deal takes on a new meaning
2010-05-17 09:51:16
China is set to see a booming art market in 2010 when wealthy people in the country look to diversify their investments.
Hard choices for investors
2010-05-17 09:35:57
The recent slump in Chinese equities has turned the stock market into an attractive investment option for investors. Pan Weiting says there is no better place to put her money than in stocks.