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Date:2012/04/20
The world should be alert to new signs of trade protectionism and continue to fight it, Chinese Commerce Minister Chen Deming said Thursday.
Although protectionism has not prevailed thanks to concerted efforts of various countries and organizations ...
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Date:2012/04/19
China's lending data trumped forecasts to soar to a 14-month high in March. The country's central bank said Wednesday it will continue to guide money to serve the real economy, easing fears of financial liquidity getting out of control.
Th...
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Date:2012/04/20
The members of the Association of Southeast Asian Nations will together become China's top trading partners within the next three years, a trade organization predicted on Wednesday.
During that time, trade between China and the association, also...
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Date:2012/04/19
The Chinese currency Renminbi, or the yuan, weakened by 56 basis points to 6.3004 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 on a ...
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Date:2012/04/20
A recent roadshow of Thailand to China, during the Thai premier's official trip, is expected to lead to investment in Thailand of over $2.1 billion, the Board of Investment (BoI) under Thailand's Ministry of Industry said on Thursday.
Foll...
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Date:2012/04/19
Chinese stocks opened lower on Thursday, with the benchmark Shanghai Composite Index down 0.09% to open at 2,378.63.
The Shenzhen Component Index opened at 10,049.77, down 0.2%.
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:2012/04/19
According to the data released by MOFCOM, Chinese domestic steel price increased by 0.4% in the week ended on April 15 from prior week. In detail, the price for medium plate with thickness of 10mm, round steel with diameter of 16mm and hot-rolled ste...
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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:2012/04/18
China is confident of achieving the full-year target of 10 percent growth in foreign trade, although the growth slowed in the first quarter due to cumulative factors, the Ministry of Commerce said Tuesday.
In the first three months, the country'...
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Date:2012/04/20
According to the data released by CISA (China Iron and Steel Association), Chinese registered steelmakers have contributed a daily crude steel output of 1.6593 million metric tons in early April of this year, increasing by 5% from late March. Meanwhi...
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Date:2012/04/18
China's Ministry of Commerce (MOC) said Tuesday that the country's recent move to lift the daily trading band of its currency, the yuan, will help break the former one-way expectation of the yuan's appreciation.
"Widening the yuan...
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Date:2012/04/19
China used less crude steel in the first quarter of 2012 than in the same period a year ago, the first such decrease recorded in three years.
Senior officials reacted to that news on Wednesday by saying the decline adds more uncertainty to the ...
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Date:2012/04/18
China's GDP is forecast to grow 8.6 percent this year if the government eases its monetary policy, the Hongkong and Shanghai Banking Corp Ltd said in a report released on Tuesday.
The government reported 8.1-percent growth in the first qua...
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Date:2012/04/19
Waning demand and rising production costs have forced China's steelmaking industry to face a quarterly profit loss for the first time in a decade, the China Iron and Steel Association (CISA) said Wednesday.
Chinese steelmakers saw a loss of 1.0...
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Date:2012/04/18
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 0.305 million tons from prior week to 17.45 million tons, indicating that the domestic ste...
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Date:2012/04/17
Chinese stocks opened lower on Tuesday, with the benchmark Shanghai Composite Index down 0.07 percent to open at 2,355.37.
The Shenzhen Component Index opened at 9,999.2, down 0.01 percent.
Source: Xinhua
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Date:2012/04/17
The Chinese currency Renminbi, or the yuan, strengthened by 64 basis points to 6.2896 against the U.S. dollar on Tuesday, according to the China Foreign Exchange Trading System.
The yuan weakened against the U.S. dollar on Monday, the first trading ...
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Date:2012/04/17
According to Xinhua-China iron ore price index, the domestic imported iron ore stockpiles in Chinese 25 main ports reached 96.16 million metric tons on April 9, decreasing by 1.05 million metric tons compared to previous week. At the same tim...
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Date:2012/04/12
The Chinese currency Renminbi, or the yuan, strengthened 34 basis points to 6.2984 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...