Singapore's private home sales fell 15 percent on-month in August, as developers continued to scale back new launches, according to statistics released by the Urban Redevelopment Authority on Monday.
Guanghui Energy Co. Ltd has become the first private enterprise licensed to ship crude oil into China.
China has allowed private hospitals solely owned by foreign investors to open in seven cities and provinces, the Ministry of Commerce (MOC) announced on Wednesday.
The country's first national-level private investment company, China Minsheng Investment, was established here on Thursday.
As a priority on China's reform agenda, diversifying the ownership of the country's state-owned enterprises (SOEs) is making progress although the road ahead may be bumpy.
The Chinese State Council, the country's cabinet, has issued a guideline to boost healthcare reforms this year.
China's top economic planner has invited social capital to invest in a list of 80 projects, the latest step in bringing private funds to infrastructure investment.
The nurturing of private lenders in China gained traction on Wednesday as Shanghai's first private bank prepared to open in the free trade zone (FTZ)
China will approve five private banks on a trial basis, the latest move in opening the previously-closed sector to private capital, according to the country's banking regulator.
Money, technology and talent are seldom in short supply for Liu Yonghao, head of China's largest animal feed producer. However, "the king of animal feed" is constantly hungry for imported original materials.
China's largest oil refiner's plan to seek social and private capital highlighted the country's endeavors to forge a mixed ownership economy amid further opening-up expectations.
China's top oil refiner Sinopec announced on Wednesday that it would bring in social and private capital to jointly market and sell its oil products, the first opening up of the largely monopolized area.
China's Industry and Information Technology Ministry (MIIT) on Thursday granted licenses to 11 private enterprises to pilot resale of certain mobile services.
Wenzhou, a manufacturing hub in east China's Zhejiang Province, has applied to the State Council to begin piloting private banks, the China Securities Journal reported on Thursday.
South Korea planned to widen financial support for local companies to win overseas plant and construction orders by encouraging private-sector financial firms to participate in overseas projects as investors, the finance ministry said Wednesday.
South Korea planned to widen financial support for local companies to win overseas plant and construction orders by encouraging private-sector financial firms to participate in overseas projects as investors, the finance ministry said Wednesday.
A credit crisis in Shenmu, a bustling northwest China county that built its riches on coal, has stoked concerns regarding how quickly the country can complete its economic transition.
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