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Date:2011/12/26
Accordingly, the domestic social steel inventories in Chinese 26 main cities decreased by 0.111 million metric tons vs prior week to 12.771 million metric tons last week, signifying that the domestic steel stockpiles have decrease for eleventh straig...
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Date:2011/12/22
Vice-Premier Li Keqiang on Wednesday promised to boost imports from Poland as trade between China and the European Union's sixth-largest economy witnessed rapid growth over the past decade.
"China is willing to increase Polish imports, in...
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Date:2011/12/23
China's entry into the WTO has been beneficial to both the WTO and China in the past 10 years, former EU trade commissioner Peter Mandelson said recently.
"As an important institution of global governance and international trading system, the W...
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Date:2011/12/22
China's central bank has reiterated that it will continue to implement prudent monetary policy in 2012 while making it more targeted, flexible and foresighted to support stable and healthy economic growth.
The central bank must learn lessons fr...
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Date:2011/12/23
Thailand's Kasikorn Bank (KBank) and China Development Bank signed a business and financial pact on Thursday in Bangkok, aiming to accommodate lending to large projects in Southeast Asia and to improve financial standings and business opportunit...
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Date:2011/12/22
A Chinese scholar of foreign trade said Wednesday that a ruling by the US Court of Appeals for the Federal Circuit (CAFC) was an "epoch-making" victory for Chinese exporters who have long suffered unfair countervailing duties from the United States o...
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Date:2011/12/23
Europe's highest court gave unreserved backing on Wednesday to a European Union (EU) law to charge airlines for carbon emissions on flights to and from Europe, a decision likely to escalate tension with trading partners, especially the United St...
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Date:2011/12/22
According to the data released by MOFCOM on December 21, Chinese domestic steel price decreased by 0.4% last week as compared to prior week and by 1.2% vs middle November. Looking at the price trend in last week in detail, the price for CR sheet with...
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Date:2011/12/23
China-Russia trade increased this year, but the rate of growth was not high enough to realize the two nations' target of boosting bilateral trade to $200 billion by 2020, said Russia's ambassador to China.
China's trade with Rus...
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Date:2011/12/21
According to the reported released by Huang Jingan, the president of CCIA (China Coke Industry Association), the domestic coke market will continue emerging a downward trend in the short run. Even though Chinese coke apparent consumption rose...
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Date:2011/12/23
Chinese shares opened lower Friday with the benchmark Shanghai Composite Index down 0.11 percent to open at 2,183.91.
The Shenzhen Component Index opened at 8,899.22, also down 0.11 percent.
Source: Xinhua
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Date:2011/12/20
The People's Bank of China (PBOC), the central bank, announced Monday the country's yuan funds outstanding stemming from foreign exchanges dropped for a second month in November from one month ago.
As of the end of November, the nation...
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Date:2011/12/20
Chinese stocks closed lower on Monday after neighboring markets dropped following the death of Kim Jong Il, the top leader of the Democratic People's Republic of Korea (DPRK).
The benchmark Shanghai Composite Index dropped 0.3 percent, or...
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Date:2011/12/20
In January to November of this year, Chinese overall coke output amounted to 390 million metric tons, surging by 12.74% year over year. While in November alone Chinese coke production stood at 33.4387 million metric tons, rising by 3.6% as co...
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Date:2011/12/20
After a decade of explosive growth, China's steelmakers are now grappling with developmental bottlenecks and decreased profits.
Squeezed by increased production costs, China's steel mills have been facing tough times since 2010, and expert...
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Date:2011/12/19
According to the reported compiled by CISA recently, the expectation for the domestic steel market is still gloomy. First of all, steelmakers have already resumed their production activities gradually, thus the replenishments in the upcoming ...
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Date:2011/12/14
China's stock index futures opened mixed on Wednesday with the contract for settlement in December, the most actively traded, opening 9.6 points lower at 2,433.2 points.
The contract for settlement in January 2012, opened 7 points lower at 2,43...
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Date:2011/12/20
China will remain dominant in the manufacturing industry in Asia over the next three to five years, according to a report released by accountancy firm Deloitte Touche Tohmatsu Ltd.
However, the industry still faces many challenges and pressure...
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Date:2011/12/16
Chinese shares opened slightly lower on Friday with the benchmark Shanghai Composite Index down 0.06 percent to open at 2,179.51.
The Shenzhen Component Index opened at 8,864.95, down 0.07 percent.
Source: Xinhua
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Date:2011/12/14
The Chinese currency Renminbi, or the yuan, weakened 37 basis points to 6.3396 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...