The overwhelming majority opinion is that a communist government can accomplish what no other country has ever done, namely engineer a soft landing from the bursting of an immense, speculative, credit bubble. I have a different view.
The online news portal of the Chinese government mouthpiece, the People's Daily, has launched an initial public offering in Shanghai that aims to raise about 527 million yuan ($83.6 million).
Shares of China Communications Construction, the country's largest builder of ports, jumped more than 20 percent on its trading debut in Shanghai on Friday, as a stock market rebound pushed up demand for newly listed shares.
China Communications Construction, the country's largest builder of ports, launched its long-delayed Shanghai initial public offering on Tuesday, with the IPO's fundraising target slashed by 75 percent to as much as 5 billion yuan ($789.76 million).
Apple supplier Pegatron's plant in Shanghai was rocked by an explosion over the weekend, the latest in a series of incidents that spotlights safety concerns at factories in China.
Thursday, 15 Dec 2011 | Posted By:
| Source: CNBC.com
When people lament the cost of college, they’re usually talking about tuition. They often don't think of room and board. Now, there's a list that shows that a bed and three square meals a day aren’t cheap either.
Weakness in the Chinese economy might signal a few investment opportunities, but beware of getting too bearish, the “Fast Money” pros said Thursday... Read More