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  • China yuan strengthens to 6.3116 against USD Monday

    Date:2012/05/21

    The Chinese currency Renminbi, or the yuan, strengthened 93 basis points to 6.3116 against the U.S. dollar on Monday, according to the China Foreign Exchange Trading System. In China's foreign exchange spot market, the yuan is allowed to rise o...

  • China yuan retreats to 6.3247 against USD Thursday

    Date:2012/05/24

    The Chinese currency Renminbi, or the yuan, lost 39 basis points to 6.3247 against the U.S. dollar on Thursday, according to the China Foreign Exchange Trading System. In China's foreign exchange spot market, the yuan is allowed to rise or fall...

  • China produced 0.593 million t of silicon steel in Apr.

    Date:2012/05/21

      In April of current year, Chinese coke output had reached 37.633 million tons, jumping by 7.30% from the same period of previous year. Meanwhile, the year-to-date coke production had totaled 144.549 million tons, swelling by 6.4% year on year...

  • Chinese imported iron ore price down notably in last week

    Date:2012/05/24

      According to Xinhua-China iron ore price index, the domestic imported iron ore stockpiles in Chinese 25 main ports reached 98.03 million metric tons on May 21, increasing by 210 thousand tons compared to previous week. At the same time, the p...

  • Chinese shares open lower on Friday morning

    Date:2012/05/18

    Chinese stocks opened lower Friday, with the benchmark Shanghai Composite Index down 0.59% to open at 2,364.90. The Shenzhen Component Index opened at 9,995.91, down 0.83%.  Source: Xinhua

  • Chinese shares open lower Wednesday morning

    Date:2012/05/23

    Chinese stocks opened lower Wednesday, with the benchmark Shanghai Composite Index down 0.17 percent to open at 2,369.27. The Shenzhen Component Index opened at 10,142.91, down 0.37 percent. Source: Xinhua

  • China yuan retreats to 6.3209 against USD Friday

    Date:2012/05/18

    The Chinese currency Renminbi, or the yuan, gained 24 basis points to 6.3209 against the U.S. dollar on Friday, according to the China Foreign Exchange Trading System. In China's foreign exchange spot market, the yuan is allowed to rise or fall ...

  • Chinese pre-painted steel exports down year-on-year in Apr.

    Date:2012/05/23

      In April of 2012, China had imported 0.241 million t of the coated steel plate, decreasing by 4.68% month over month and by 6.34% year over year. Meanwhile, Chinese overall coated steel plate exports came to 0.6041 million t, dropping by 0.29...

  • China iron ore port inventory up again in last week

    Date:2012/05/18

      According to Xinhua-China iron ore price index, the domestic imported iron ore stockpiles in Chinese 25 main ports reached 97.82 million metric tons on May 14, increasing by 60 thousand tons compared to previous week. At the same time, the pr...

  • China stocks extend rally Tuesday

    Date:2012/05/22

    Chinese shares moved up for a second day on Tuesday, with the benchmark Shanghai Composite Index rising 1.07 percent, or 25.01 points, to close at 2373.31. The Shenzhen Component Index gained 2.03 percent, or 202.7 points, to close at 10180.27. Sou...

  • China yuan retreats to 6.3233 against USD Thursday

    Date:2012/05/17

    The Chinese currency Renminbi, or the yuan, lost 28 basis points to 6.3233 against the U.S. dollar on Thursday, according to the China Foreign Exchange Trading System. In China's foreign exchange spot market, the yuan is allowed to rise or fall...

  • China yuan strengthens to 6.3077 against USD Tuesday

    Date:2012/05/22

    The Chinese currency Renminbi, or the yuan, strengthened 39 basis points to 6.3077 against the U.S. dollar on Tuesday, according to the China Foreign Exchange Trading System. In China's foreign exchange spot market, the yuan is allowed to rise ...

  • Chinese steel price down again in last week

    Date:2012/05/17

      According to the data released by MOFCOM, Chinese domestic steel price decreased by 0.4% in the week ended on May 13 from prior week. In detail, the price for welded pipe with specification of 20*1.2, high speed wire rod with diameter of 6.5 ...

  • Chinese shares open up Tuesday

    Date:2012/05/22

    Chinese stocks opened higher Tuesday, with the benchmark Shanghai Composite Index up 0.32 percent to open at 2,355.73. The Shenzhen Component Index opened at 10,030.54, up 0.53 percent. Source: Xinhua

  • China yuan retreats to 6.3205 against USD Wednesday

    Date:2012/05/16

    The Chinese currency Renminbi, or the yuan, lost 95 basis points to 6.3205 against the U.S. dollar on Wednesday, according to the China Foreign Exchange Trading System. In China's foreign exchange spot market, the yuan is allowed to rise or fal...

  • Chinese steel inventory dipped for thirteen straight weeks

    Date:2012/05/22

      Accordingly, the domestic social steel inventories in Chinese 26 surveyed cities had continued its downward trend in last week with the week-over-week decrease of 0.229 million tons from prior week to 16.145 million tons, indicating that the ...

  • China produced 0.575 million t of silicon steel in Mar.

    Date:2012/05/16

      In March of current year, Chinese HRC output had reached 14.159 million tons, up 11.21% month over month. Meanwhile, China’s overall silicon steel output totaled 0.575 million tons, surging by 15.93% month over month and 9.52% year over year...

  • China's economy must advance on two legs

    Date:2012/05/15

    The phrase guojin mintui, or "the State advances while the private sector retreats", has been used by some scholars when talking about China's economy. I have no idea how they have reached this conclusion. From 1998 to 2010, the number of State...

  • China to timely fine-tune monetary policy

    Date:2012/05/11

    China will maintain a prudent monetary policy in the months ahead, while timely and appropriately fine-tuning the policy, the People's Bank of China (PBOC), or the central bank, said Thursday. The government will make its monetary policy more t...

  • Chinese shares open down Tuesday

    Date:2012/05/15

    Chinese stocks opened lower Tuesday, with the benchmark Shanghai Composite Index down 0.57% to open at 2,367.08. The Shenzhen Component Index opened at 10,027.4, down 0.65%. Source: Xinhua

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