摘要
By pledging to enforce a harsher policy on house and land purchases, China tries to alleviate real estate bubble tensions. The central bank vows to uphold a more balanced credit policy next year in a move to restore economic health. Chinese automaker BYD hits a pot hole on the path toward electric cars as a vital component plant records a painful loss. Dropping out of the overseas buying trend, the Bank of China Ltd. puts its focus back on domestic markets. Baosteel comes under fire after raising its steel prices in the run-up to iron ore negotiations.
By pledging to enforce a harsher policy on house and land purchases, China tries to alleviate real estate bubble tensions. The central bank vows to uphold a more balanced credit policy next year in a move to restore economic health. Chinese automaker BYD hits a pot hole on the path toward electric cars as a vital component plant records a painful loss. Dropping out of the overseas buying trend, the Bank of China Ltd. puts its focus back on domestic markets. Baosteel comes under fire after raising its steel prices in the run-up to iron ore negotiations.
