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Date:2012/03/19
The Chinese currency Renminbi, or the yuan, strengthened 118 basis points to 6.3082 against the U.S. dollar on Monday, according to the China Foreign Exchange Trading System.
The yuan hit 6.2919 against the U.S. dollar on Feb. 29, a record high sinc...
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Date:2012/03/20
China raised fuel prices for the second time this year, hiking gasoline and diesel by 6.5 percent to 7 percent effective on Tuesday, amid rising world crude oil prices and falling domestic inflation.
Prices went up by 600 yuan ($94.90) a metric...
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Date:2012/03/19
In February of current year, Chinese steel product output had risen by 10.7% year-on-year to 71.27 million metric tons and the year-to-date production had reached 139.294 million metric tons, up 4.6% compared to previous year.
In February of this yea...
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Date:2012/03/20
Latin America and the Caribbean (LAC) has strong interest in using the Chinese renminbi as currency of settlement in bilateral trade, a senior Inter-American Development Bank (IADB) adviser said in Montevideo on Sunday.
As the LAC has been try...
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Date:2012/03/16
Chinese stocks opened higher on Friday, with the benchmark Shanghai Composite Index up 0.17 percent, or 3.98 points, to open at 2,377.76.
The Shenzhen Component Index went up 0.29 percent, or 28.75 points, to open at 10,115.31.
Source: Xinhua
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Date:2012/03/20
Chinese stocks opened lower on Tuesday, with the benchmark Shanghai Composite Index down 0.11 percent to open at 2,407.54.
The Shenzhen Component Index inched down 0.40 percent to open at 10,255.25.
Source: Xinhua
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Date:2012/03/16
The Chinese currency Renminbi, or the yuan, strengthened 159 basis points to 6.3200 against the U.S. dollar on Friday, according to the China Foreign Exchange Trading System.
The yuan hit 6.2919 against the U.S. dollar on Feb. 29, a record high sinc...
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Date:2012/03/20
According to the data released by CISA (China Iron and Steel Association), Chinese registered steelmakers have contributed a daily crude steel output of 1.5858 million metric tons in early March of this year, rising by 2.49% from late February. Meanw...
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Date:2012/03/16
Accordingly, the domestic social steel inventories in Chinese 26 main cities decreased by 0.154 million metric tons vs prior week to 18.664 million metric tons last week, signifying that the domestic steel inventories have dipped for three straight w...
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Date:2012/03/19
Minister of Commerce Chen Deming said Sunday that China, now the world's second largest importer, will become the biggest in a few years.
China not only provides the world with high-quality products at low costs, but also buys high-end goods su...
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Date:2012/03/15
Chinese stocks opened mixed on Thursday, with the benchmark Shanghai Composite Index down 0.13 percent, or 3.17points, to open at 2,388.06.
The Shenzhen Component Index edged up 0.06 percent, or 6.38 points, to open at 10,101.28.
Source: Xinhua
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Date:2012/03/19
A senior Chinese government official said Sunday China will continue to stabilize consumer prices this year and puts the matter at an important position despite the recent signs of inflation easing.
Zhang Ping, minister in charge of the National Dev...
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Date:2012/03/15
The Chinese currency Renminbi, or the yuan, weakened 31 basis points to 6.3359 against the U.S. dollar on Thursday, according to the China Foreign Exchange Trading System.
The yuan hit 6.2919 against the U.S. dollar on Feb. 29, a record high since t...
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Date:2012/03/19
Net profit of Aluminum Corporation of China (Chalco), the country's largest aluminum producer, dropped nearly 70 percent in 2011 to 238 million yuan ($37.65 million), the company said in a filing to the Shanghai Stock Exchange over the weekend.I...
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Date:2012/03/15
According to the data released by MOFCOM on March 13, Chinese domestic steel price increased by 0.2% last week as compared to prior week. In detail, the price for high-speed wire rod with diameter of 6.5 mm and rebar with diameter of 12 mm ha...
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Date:2012/03/14
Chinese stocks opened higher on Wednesday, with the benchmark Shanghai Composite Index up 0.37 percent, or 9.12 points, to open at 2,464.92.
The Shenzhen Component Index went up 0.58 percent, or 60.05 points to open at 10,487.3.
Source: Xinhua
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Date:2012/03/14
According to Xinhua-China iron ore price index recently, the domestic imported iron ore stockpiles in Chinese 25 main ports reached 98.58 million metric tons on March 12, increasing by 0.42 million metric tons compared to previous week. At the same t...
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Date:2012/03/13
According to the data compiled by China’s customs, Chinese steel product exports totaled 3.39 million t in February of 2012, decreasing by 0.34 million t month over month while increasing by 36.69% year over year. At the same time, Chinese ov...
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Date:2012/03/08
According to the report compiled by MIIT, Chinese steel products imports and exports are anticipated to reach 15 million t and 50 million t respectively in this year. Meanwhile, Chinese iron ore imports are expected to surge by 8.2% from 2011...
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Date:2012/03/12
The Chinese currency Renminbi, or the yuan, weakened 209 basis points to 6.3282 against the U.S. dollar on Monday, according to the China Foreign Exchange Trading System.
The yuan hit 6.2919 against the U.S. dollar on Feb. 29, a record high since th...