China’s foreign exchange reserves, the world’s largest, grew 23 percent in 2009 and bank lending for the year blew past government targets, keeping pressure on policymakers to take more action to cool the economy.
Chinese banks doled out 9.6 trillion yuan in new loans last year, data showed on Friday, far exceeding the government’s minimum target [...]

CapitaLand Ltd. Monday said it plans to buy container shipper Orient Overseas International Ltd.’s China property business for US$2.2 billion, in a move that will significantly boost its prime real estate portfolio in two of China’s biggest cities despite Beijing’s efforts to cool the market.
The deal underscores the potential many investors see in China’s [...]

An urban farm was recently planted right in the heart of downtown Shenzhen, China as part of the Shenzhen & Hong Kong Biennale of Urbanism/Architecture. The installation, called Landgrab City, is a square plot of land that represents a map of the city and visualizes how much food is required to sustain it.
The urban farm [...]

Ping An Insurance (Group) Co. will boost its holdings of debt such as corporate bonds this year as inflation drives up yields, said Chen Dexian, deputy chief investment officer of China’s second-largest insurer.
The Shenzhen-based company cut cash holdings to purchase bonds in the second half of 2009, Chen, who manages about 560 billion yuan ($82 [...]

Geely Automobile Holdings Ltd. (0175.HK) on Wednesday posted record car sales of 43,446 for December, more than double its sales in the year-earlier month, amid an improving Chinese economy.
For 2009, the Hong Kong-listed company sold 325,413 cars, up 59% from 2008 and exceeding its target of 250,000. The company didn’t provide year-earlier figures.
Geely Automobile is [...]

China’s cabinet unveiled measures to cool off its real estate market, which has soared in Beijing and Shanghai, as it tries to avoid the fate of Dubai and the United States, where the bubble in prices burst.
In a directive issued Sunday, China’s state council said the nation’s banks and regulators should step up efforts to [...]

Shanda Games, China’s #2 online gaming company, has bought U.S.-based Mochi Media in an $80 million deal.
Shanda Games, China’s second-largest online gaming company, has announced an $80 million cash-and-stock deal to acquire U.S. gaming firm Mochi Media. Shanda hopes to leverage Mochi’s stable of browser-based game and extend them to Chinese and international audiences, giving [...]

A U.S.-based solar power company has entered into a large-scale agreement with a Chinese power equipment manufacturer that will lead to the creation of solar thermal power plants across China that will generate at least 2 gigawatts of power.
The deal, which was signed last week in the Chinese State Council building, will partner U.S. solar [...]

Google’s decision to take steps that may result in its having to leave China is an act of real courage and patriotism.
It also has the possibility of changing how some U.S. companies do business with China, perhaps in unexpected ways.
While China’s capitalistic leanings are likely to result in long-term democratic reform, the country today remains [...]

China’s plans to build 2,000 megawatts of solar thermal power using technology from a California company, eSolar, will also include the construction of biomass power plants to generate electricity when the sun sets.
The solar and biomass plants will share turbines and other infrastructure, reducing the projects’ cost and allowing around-the-clock electricity production, according to Bill [...]