China to curb irregular FX flow

Headlines

Senior Chinese official urges for proper use of stimulus funds

China´s anti-corruption chief He Guoqiang on Wednesday called for enhanced supervision efforts to ensure funds of the country´s economic stimulus package be properly used.

Banks ´tracking´ capital situation

Chinese lenders are regularly keeping tabs on their capital requirements, and the stock market should not be overly concerned about banks´ capital adequacy ratios, a senior official at the nation´s top banking regulatory body told China Daily yesterday.

Corporate notes to ease SMEs´ financial strain

The nation´s first batch of small-and medium- sized enterprise (SME) collective notes started trading on the inter-bank bond market Wednesday, providing an innovative tool to help solve SMEs´ financing problems.

Farmland not offered to developers

China´s Ministry of Land and Resources denies suggestions it´s putting land in rural areas onto the real estate market.

VW Group China unveils masterplan

Volkswagen Group China announced its "South China Strategy" during the seventh China Guangzhou Automobile Exhibition.