Serious bubble in second-tier cities, warns SOHO China CEO

Mainland is already facing a serious property bubble, especially in second-tier cities, and the government must tighten bank lending to prevent it from swelling to dangerous proportions, a top developer said on Friday.

Serious bubble in second-tier cities, warns SOHO China CEO

Mainland is already facing a serious property bubble, especially in second-tier cities, and the government must tighten bank lending to prevent it from swelling to dangerous proportions, a top developer said on Friday.

Ex-Caijing editor takes helm of rival publication

Former Caijing editor Hu Shuli has teamed up with a leading think tank to launch a new magazine amid intense competition in the business publication market.

HKEx to accept accounts using China rules soon

Move will cut costs but concerns raised over supervision of Chinese auditors

Princelings no longer confined to the party

Reshuffles in the ranks of the People’s Liberation Army have given rise to a new phenomenon - the “princeling generals” - with the latest to be promoted a son of a former head of the military.

Junket reporting may cramp casinos’ style

Casino operators will have to report on junket operators, who will require licences here

Mainland property bubble expands

Millions of Chinese are pursuing property with a zeal once typical of house-happy Americans.

Sino-Environment chairman cleared of allegations in China

In a statement yesterday, the China-based waste management and environmental solutions company said investigations by the Fuzhou Public Security Bureau yielded no evidence to prove Mr. Sun embezzled company funds.

U.S. investors eye new frontier in Chinese market

When investors open their books for a new year, without doubt that China will be a hot spot that they can’t afford to miss. And for many who have closely followed the country’s rise from economic slowdown, there are still uncovered opportunities lying in this vastly diversified market.

Akmal Shaikh: China refers to controversial Opium Wars with Britain

The Chinese embassy referred to the controversial role Britain played in supplying opium to China following the execution of British citizen Akmal Shaikh, according to a leading historian.

Horror storeys

Massive property lending, oversupply and plunging rents point to an asset crisis in China

Shanghai bridge found stuffed with foam

First it was “tofu” schools, now foam bridges. Shanghai engineers have become the subject of ridicule from internet users after a supposedly concrete bridge was found stuffed with rubbish and plastic foam.

Chongqing billionaire jailed over gang crimes

A billionaire political figure has been sentenced to 20 years in jail after a Chongqing court found him guilty of leading a crime gang.

Disguised loans magnify risks in Chinese banks

In January last year, this column warned that “Chinese banks may not be as solid as they look”.

It argued that a combination of rapidly expanding lending books, sketchy credit standards and fudged loan classifications meant that asset quality and capital adequacy in China’s banking sector were both weaker than the official figures led investors to believe.