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2009-09-23 06:46:10

90 % domestic economists expect drop in China's exports in 2008
Nearly 90 percent of Chinese domestic experts and market practitioners believe that the country will see a drop in exports this year in the wake of the United States subprime mortgage crisis. A bi-annual survey of economists' opinions on China's macro-economy was re...
2008-01-31 03:24:05

Shanghai World expo to hit new record.
A total of 187 countries and international organizations have confirmed their participation at the Shanghai world expo in 2010, organizer said in Kunming on Sunday. The number has already set a record in the World Expo history, surpassing the previous record held by H...
2008-01-07 09:38:02

Air Berlin launches direct flights to Beijing and Shanghai.
  Air Berlin launches direct flights to Beijing and Shanghai. Air Berlin, Germany's second largest airline, will launch direct flights from Dusseldorf to Beijing and Shanghai starting in May. Xu Shengli, an official from the Beijing office of the Berlin Touris...
2007-12-04 09:34:30

Economists expect Yuan to rise faster due to inflation.
THE yuan is expected to accelerate its appreciation due to China's rising inflation and a large trade surplus, economists said. Consumer prices in October shot up to the highest rate in more than a decade, mainly driven by uncurbed food costs. The consumer price index r...
2007-11-19 05:58:52

Asian developing economies tipped for faster expansion.
ASIA'S developing economies may expand this year faster than earlier estimated, amid rising commodity prices and financial market turmoil. The prediction comes from Asian Development Bank President Haruhiko Kuroda, Bloomberg News reported. The Manila-based bank predicte...
2007-11-19 05:58:00

Mundell warns China of accelerating Yuan appreciation
Robert Mundell, Nobel Prize Laureate in Economics, warned here on Wednesday that an accelerating appreciation of the yuan could damage the Chinese economy. "Chinese exchange rate policy now will have to pay off, and inflation and other things may go wrong if it i...
2007-11-08 05:46:12

Chinese Yuan climbs to new high against USD
BEIJING, Nov. 7 (Xinhua) -- China's Renminbi (RMB) climbed 101 basis points to break the 7.45 mark on Wednesday, with the central parity rate at 7.4476 yuan against one U.S. dollar, according to the Chinese Foreign Exchange Trading System. The yuan broke the 7.46 mark...
2007-11-08 05:45:13

Volvo CE to double investment in Chinese joint venture.
SWEDEN'S Volvo Construction Equipment will double its investment in a Chinese joint venture to almost US$90 million over the next three to four year, the world's leading construction product maker said in eastern China's Shandong Province today. The company pledged to d...
2007-10-12 03:34:08

Domestic stocks gained as copper makers rebound
Domestic stocks bounced back from losses during today's morning session with the metal sector leading the way despite the price of copper recording its biggest drop in seven weeks. The Shanghai Composite Index, which tracks both yuan-denominated A shares and hard-curre...
2007-10-09 19:50:13

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