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Date:2011/12/31
When a British businessman said in the 1840s, "if we could only persuade every person in China to lengthen his shirt-tail by a foot, we could keep the mills of Lancashire working round the clock," he saw the potential of Chinese consumers, but didn&#...
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Date:2011/12/29
China's top economic planner on Wednesday said the country will further accelerate the shift of the economic growth mode, as against inadequate consumption and high energy use.
Zhang Ping, head of the National Development and Reform Commi...
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Date:2011/12/27
The Chinese currency Renminbi, or the yuan, strengthened 15 basis points to 6.3152 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 ...
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Date:2011/12/31
China's foreign exchange regulator has granted 10.7 billion yuan ($1.7 billion) of investment quota to the first ten RMB Qualified Foreign Institutional Investors (RQFII), making a step forward in further opening the country's capital marke...
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Date:2011/12/29
According to the data released by MOFCOM on December 28, Chinese domestic steel price decreased by 0.4% last week as compared to prior week and by 1.6% vs middle November. In detail, the price for rebar with diameter of 12 mm and high speed w...
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Date:2011/12/27
Chinese shares opened mixed Tuesday with the benchmark Shanghai Composite Index down 0.16 percent to open at 2,186.71.
The Shenzhen Component Index rose 0.43 points to opened at 8,876.62.
Source: Xinhua
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Date:2011/12/31
China's manufacturing output continued to fall in December, but the rate of decline has slowed, according to the latest HSBC Purchasing Managers' Index (PMI).
According to HSBC Holdings PLC, December PMI - a main gauge of conditions in the ...
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Date:2011/12/28
Chinese shares opened moderately lower Wednesday with the benchmark Shanghai Composite Index losing 0.39 percent to open at 2,157.65.
The Shenzhen Component Index moved down 44.22 points, or 0.51 percent, to opened at 8,667.33.
Source: Xinhua
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Date:2011/12/27
In November of this year, Chinese HRC imports amounted to 0.1314 million t, decreasing by 1.25% month over month and by 35.48% year over year. In addition, the HRC exports reached 0.2909 million t, dropping by 13.6% month over month and by 21...
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Date:2011/12/31
According to the data released by The Ministry of Commerce of the People's Republic of China recently, Chinese domestic coke price hiked by 0.4% last week (ended on December 25) compared to prior week.
Experts said the dropping coke prod...
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Date:2011/12/28
The Chinese currency Renminbi, or the yuan, strengthened six basis points to 6.3146 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 ri...
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Date:2011/12/26
The reserve requirement for banks may be further reduced next year to allow more lending but that does not signify a policy change, a former central bank official said on Sunday.
Wu Xiaoling, a former deputy governor of the People's Bank ...
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Date:2011/12/26
Taxation authorities in China's far western Xinjiang unveiled a new rule Saturday exempting enterprise income tax to attract investment to the border cities of Kashgar and Horgos.
The new businesses are exempt from the enterprise income t...
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Date:2011/12/26
China's central bank said Saturday that it has signed a 10-billion-yuan ($1.58 billion) currency swap deal with the State Bank of Pakistan.
The agreement will last for three years and is extendable by mutual consent, according to a statem...
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Date:2011/12/26
The railway ministry cut its construction spending for next year but will not stop investing in the rail sector, said a top railway official.
The Ministry of Railways plans to invest 500 billion yuan ($79 billion) on fixed assets next year, in...
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Date:2011/12/23
Accordingly, in early December of this year, the sale volumes for Chinese 7 registered steelmakers just reached 1.022 million metric tons, slipping by 30.36% from late November and by 8.25% versus the average level of 1.1552 million metric to...
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Date:2011/12/26
Chinese shares opened lower Monday with the benchmark Shanghai Composite Index down 0.5 percent to open at 2,193.66.
The Shenzhen Component Index opened at 8,931.58, also down 0.5 percent.
Source: Xinhua
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Date:2011/12/22
China's stock index futures opened lower on Thursday with the contract for settlement in January 2012, the most actively traded, opening 13.8 points lower at 2,344.8 points.
The contract for settlement in January 2012, opened 15 points lower at...
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Date:2011/12/26
The Chinese currency Renminbi, or the yuan, strengthened 42 basis points to 6.3167 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...
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Date:2011/12/22
The Chinese currency Renminbi, or the yuan, weakened 5 basis points to 6.3253 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 f...