Record realty prices head to lower-tier cities

A property expo in Jiaxing, Zhejiang province. Measures to rein in soaring property prices in major cities have driven hot money to smaller cities. [Photo / China Daily] Investors widen net as measures to cool…

‘Red books’ draw public enthusiasm

A man reads a book in front of a shelf displaying “red books” in a bookstore in Beijing on June 11. [Da Wei / for China Daily] BEIJING – Guo Yao picked up the Constitution…

Rare earths output ratio to decrease

International production to rise as China limits exports BEIJING – Rare earths production in China, as a percentage of the global total, will fall sharply from the current 95 percent to 60 percent within two…

Led by China, fish farms soaring: study

Nearly half of the fish eaten around the world now comes from farms instead of the wild, with more foresight needed in China and other producers to limit the ecological impact, a study said Tuesday….

Yuan appreciation rate needs to be reined in

  Bowing to pressure from home and abroad, China’s currency has climbed to new highs against the US dollar since the central bank’s pledge to allow the yuan to appreciate further in June 2010. One…

Markets down for 2nd week running

  The Chinese mainland’s benchmark Shanghai Composite Index ended four of its five trading days last week down, with a week-on-week drop of 2.30 percent to 2,642.82 points, the lowest closing point since September 29,…

Cities rein in home prices

  BEIJING – More Chinese cities have seen month-on-month declines in the prices of both new and secondhand homes, according to the National Bureau of Statistics (NBS) on Saturday.  The NBS said in a statement…

Developers seek profits below the surface

  BEIJING – With the volume of home sales continuing to fall amid strict measures aimed at tightening the property market and lowering house prices, some real estate companies are trying to dig their way…

Govt gets earful of tax suggestions

  BEIJING – Only 15 percent of respondents expressed satisfaction at a proposed new income tax threshold.  The proposed increase, which was put online to gauge public opinion, received responses from more than 82,000 people. …