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Date:2012/03/08
Chinese stocks opened higher on Thursday, with the benchmark Shanghai Composite Index up 0.26 percent, or 6.31 points, to open at 2,401.10.
The Shenzhen Component Index gained 0.37 percent, or 37.27 points to open at 10,092.13.
Source: Xinhua
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Date:2012/03/01
China's manufacturing activities bounced back to a five-month peak in February, supported by quickened production, indicating a stable expansion of the whole economy along with the global business upswing.
The Purchasing Managers Index (PMI), a...
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Date:2012/03/02
A guideline to accelerate the transformation of the country's foreign trade growth pattern was jointly issued on Thursday by 10 Chinese government agencies.
The country aims to balance its foreign trade by increasing imports and optimizing the ...
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Date:2012/03/01
China's Purchasing Managers Index (PMI), a preliminary readout of the country's manufacturing activity, rose to 51 percent in February of 2012, the highest level since October, the China Federation of Logistics and Purchasing (CFLP) said Th...
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Date:2012/03/02
You would expect factory owner Ying Jiangbo to be happy every time he receives an order, right?
Wrong. These days, his heart sinks when he takes calls from buyers wanting this and that to be delivered on tight schedules. Ying's prob...
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Date:2012/03/01
According to the data released by MOFCOM on February 29, Chinese domestic steel price increased by 0.4% last week as compared to prior week. In detail, the price for rebar with diameter of 12 mm and high speed wire rod with diameter of 6.5 mm had inc...
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Date:2012/02/28
China will cut energy consumption by 21 percent by 2015 and will shut down inefficient companies in more than 10 industries because of overcapacity, high energy consumption, and pollution, the Ministry of Industry and Information Technology (MIIT) sa...
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Date:2012/02/29
Members of the American Chamber of Commerce in southern China plan to invest more in China in the coming years despite a sluggish global economy, according to a survey published on Tuesday.
The survey, which interviewed 461 companies, said the...
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Date:2012/02/28
A newly released report by PricewaterhouseCoopers (PwC) shows that the total number and sum of overseas merger and acquisition (M&A) deals in 2011 made by Chinese enterprises reached a record high, which stands at 207 and $42.9 billon respectivel...
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Date:2012/02/29
Asian stocks fell, with a regional benchmark retreating after a record 10-week advance, as oil neared a nine-month high and continued concern that Greece will not be able to avoid a default spurred investors to lock in gains.
Korean Air Lines ...
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Date:2012/02/28
China is likely to export more rare earths this year as the demand for them increases amid a decrease in their price and as the country maintains the export quotas, according to a former official in the industry.
Wang Caifeng, who was in charg...
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Date:2012/02/29
China's stock index futures opened lower on Wednesday, with the contract for settlement in March, the most actively traded, down 8.6 points to open at 2,659.4 points.
The contract for settlement in April, opened at 2,676 points, 2.4 points lowe...
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Date:2012/02/28
According to the China Electricity Council, China's coal demand will reach 4.3 billion tons by 2015, an increase of 970 million tons compared to the year 2010 and an annual increase of 5.2 percent, Shanghai Securities News reported on Monda...
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Date:2012/02/29
China is expected to use 12 million metric tons of aviation biofuels by 2020, accounting for 30 percent of the country's total use of jet fuel, according to Li Jian, deputy director of the Civil Aviation Administration of China.
The...
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Date:2012/02/28
Accordingly, in January of 2012, Chinese HRC imports amounted to 0.1370 million t, decreasing by 6.42% month over month and by 44.69% year over year. In addition, the HRC exports reached 0.3167 million t, increasing by 28.20% month over month...
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Date:2012/02/29
The Chinese currency Renminbi, or the yuan, rose to a new high against the dollar on Wednesday.
It strengthened 42 basis points to stand at 6.2919 against the U.S. dollar on Wednesday, according to the China Foreign Exchange Trading System.
In China...
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Date:2012/02/27
Senior Chinese legislators on Monday started their second deliberation on a draft amendment to the country's Law on the Promotion of Clean Production.
At the three-day bimonthly session of the Standing Committee of the National People's Co...
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Date:2012/02/29
Iron ore prices will trend lower this year with slight fluctuations, and the import price may fall below $110 a ton as the domestic market continues to contract, a senior official said on Tuesday.
"Iron ore prices have entered a declining path...
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Date:2012/02/27
Arnoud Willems, a partner at US law firm Sidley Austin LLP, is filled with excitement these days after successfully helping Chinese shoemakers win an anti-dumping case. His clients will be compensated with millions of dollars in tax refunds.&nb...
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Date:2012/02/29
According to the data released by CISA (China Iron and Steel Association), Chinese registered steelmakers contributed a daily crude steel output of 1.5679 million metric tons in middle February, rising by 0.2% from early February. Meanwhile, ...