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Date:2012/04/26
Premier says nation in a period of growth that could last generations
China is faced with a "long-term and formidable task" to transform its development pattern and realize sustainable growth, Premier Wen Jiabao said on his European trip, pledg...
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Date:2012/04/25
China's foreign-exchange reserves witnessed their first monthly decline in March since last December, mainly due to losses in euro-denominated assets and short-term capital outflows, said analysts.
The world's largest foreign reserve ...
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Date:2012/04/24
The Chinese currency Renminbi, or the yuan, weakened by 33 basis points to 6.3003 against the U.S. dollar on Tuesday, according to the China Foreign Exchange Trading System.
The central parity rate of the yuan against the U.S. dollar is based on a w...
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Date:2012/04/26
Chinese stocks opened higher on Thursday, with the benchmark Shanghai Composite Index up 0.07% to open at 2,408.56.
The Shenzhen Component Index opened at 10,182.46, up 0.2%.
Source: Xinhua
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Date:2012/04/25
The time is ripe for establishing a Free Trade Area among China, Japan and South Korea but various uncertainties have delayed talks about that possibility from starting, officials and experts said on Tuesday.
Zheng Xinli, vice-chairman of the China C...
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Date:2012/04/24
Accordingly, the domestic social steel inventories in Chinese surveyed cities had continued its downward trend in last week with the week-over-week decrease of 0.387 million tons from prior week to 17.063 million tons, indicating that the domestic st...
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Date:2012/04/26
The Chinese currency Renminbi, or the yuan, strengthened by 94 basis points to 6.2829 against the U.S. dollar on Thursday, according to the China Foreign Exchange Trading System.
The central parity rate of the yuan against the U.S. dollar is based o...
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Date:2012/04/25
China's stock index futures opened higher on Wednesday, with the contract for settlement in May, the most actively traded, opening at 2,609.4, up 6.6 points.
The contract for settlement in June gained 1.8 points to 2,616.2. The contract for set...
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Date:2012/04/24
According to data released that Chinnese Ansteel expected to commission a wire rod project at the end of July with total investment approximately RMB 188 million.However, Ansteel’s subsidiary Anyang New Steel Co. would commission the whole project in...
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Date:2012/04/26
In March of current year, Chinese overall silicon steel imports totaled 86300 t, increasing by 34.01% month over month while down 22.53% year over year. At the same time, the oriented silicon steel imports had amounted to 31333 t, up 19.31% month ove...
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Date:2012/04/25
The Chinese currency Renminbi, or the yuan, strengthened by 80 basis points to 6.2923 against the U.S. dollar on Wednesday, according to the China Foreign Exchange Trading System.
The central parity rate of the yuan against the U.S. dollar is based ...
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Date:2012/04/24
Mr. Wu Rongqing, the chief engineer at the China Mining Association's department of development said on April 22nd that the international iron ore prices would fluctuate at US$120~US$130/ton in the future while it may not be lower than US$110/to...
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Date:2012/04/25
Reportedly, Chinese steel giant Baosteel has inked a memorandum of understanding (MOU) with South Korean GNS Automotive Co., Ltd., a supplier of exhaust system, body parts, trim parts to establish a sales center in South Korea, aiming to sell auto-us...
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Date:2012/04/23
China is running short of 25 kinds of mineral resources, including 11 that are crucial to the country's economy, said a senior official on Sunday.
The country will face a serious shortage of mineral resources by 2020 as it consumes an increasin...
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Date:2012/04/23
The Chinese currency Renminbi, or the yuan, strengthened by 72 basis points to 6.297 against the U.S. dollar on Monday, according to the China Foreign Exchange Trading System.
The central parity rate of the yuan against the U.S. dollar is base...
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Date:2012/04/23
Chinese stocks opened mixed on Monday, with the benchmark Shanghai Composite Index down 0.14% to open at 2,403.52.
The Shenzhen Component Index opened at 10,142, up 0.11%.
Source: Xinhua
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Date:2012/04/20
Chinese stocks opened lower on Friday, with the benchmark Shanghai Composite Index down 0.17% to open at 2,374.66.
The Shenzhen Component Index opened at 10,004.28, down 0.11%.
Source: Xinhua
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Date:2012/04/23
Chinese shares ended lower Monday, with the benchmark Shanghai Composite Index down 0.76 percent, or 18.27 points, to finish at 2,388.59.
The Shenzhen Component Index edged down 0.54 percent, or 54.98 points, to close at 10,076.05.
Source: Xinhua
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Date:2012/04/20
The Chinese currency Renminbi, or the yuan, weakened by 38 basis points to 6.3042 against the U.S. dollar on Friday, according to the China Foreign Exchange Trading System.
The central parity rate of the yuan against the U.S. dollar is based o...
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Date:2012/04/23
According to Xinhua-China iron ore price index, the domestic imported iron ore stockpiles in Chinese 25 main ports reached 96.29 million metric tons on April 16, increasing by 0.13 million metric tons compared to previous week. At the same time, the ...