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Date:2011/11/14
The exchange rate did not cause structural problems in the US economy, such as the trade deficit and unemployment, President Hu Jintao said during a meeting on Saturday with US President Barack Obama.
China follows a responsible exchange rate ...
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Date:2011/11/11
The State Council, or China's cabinet, has approved a plan to establish an advanced industrial base in coastal cities near Beijing.
The economic development plan covers the coastal cities of Qinghuangdao, Tangshan, and Cangzhou in north C...
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Date:2011/11/11
China's currency will continue to be a topic during the Asia Pacific Economic Cooperation (APEC) forum in Hawaii later this week.
Experts say that the United States is likely to keep pressing China to appreciate its currency - a move supp...
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Date:2011/11/11
According to the data compiled by China's customs, China's steel product exports totaled 3.82 million t in October, decreasing by 0.39 million t month over month while up 33.57% year over year. At the same time, China's overall...
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Date:2011/11/10
China's stocks opened lower on Thursday, with the benchmark Shanghai Composite Index down 1.04 percent to open at 2,498.59.
The Shenzhen Component Index opened 1.1 percent lower at 10,508.72.
Source: Xinhua
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Date:2011/11/09
The Chinese currency Renminbi, or the yuan, strengthened 40 basis points to 6.3207 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 ris...
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Date:2011/11/10
The Chinese currency Renminbi, or the yuan, weakened 122 basis points to 6.3329 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...
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Date:2011/11/07
A majority of China's provinces and regions experienced a slower year-on-year economic growth rate in the first three quarters, with major boom areas leading the decline, official figures showed.
Of the 29 provinces and regions that have releas...
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Date:2011/11/09
China's overseas investment has increased rapidly, despite the global economic outlook, helping recipient countries tackle unemployment.
Outbound investment for 2010 was $67.8 billion, up 21.7 percent from 2009, according to the State Administr...
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Date:2011/11/10
The high hopes for the meeting of leaders of the Asia-Pacific Economic Cooperation (APEC) economies in Hawaii this weekend are well justified.
With Asia-Pacific economies ranking among the fastest growing in the world and the incomes of their 2...
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Date:2011/11/07
Some of the country's private-held oil companies are clamoring for the relaxation of the tight government control of crude oil imports to alleviate the widespread chronic diesel shortfalls during seasonal spikes.
So far the country's...
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Date:2011/11/09
Stockpiles at 25 major ports in China rose 0.69 percent week-on-week to 98.43 million tons in the week ending Nov 7, according to Xinhua's latest iron ore price report.
The price index for 63.5-percent-grade iron ore imports rebounded 2.3...
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Date:2011/11/10
Some parts of central and south China are facing power cuts and electricity rationing as soaring coal prices discourage power plants from producing at full capacity, heightening concerns that the country has to live with power shortages over the next...
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Date:2011/11/07
According to the data released by CISA (China Iron and Steel Association), China's registered steelmakers contributed a daily crude steel output of 1.5054 million metric tons in late October, down 3.55 percent as compared to middle Octob...
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Date:2011/11/09
Chinese Foreign Minister Yang Jiechi and Commerce Minister Chen Deming will head a delegation to the 23rd ministerial meeting of the Asia-Pacific Economic Cooperation Forum in Hawaii, US, Foreign Ministry spokesman Hong Lei told a regular press confe...
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Date:2011/11/10
Despite recent signs of homes getting more affordable, China's war against its stubbornly high property prices looks set to be a long one, as the government has repeatedly pledged to continue its market curbs until it comes to a "reasonable" lev...
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Date:2011/11/04
The Chinese currency Renminbi, or the yuan, strengthened 33 basis points to 6.3165 against the U.S. dollar on Friday, according to the China Foreign Exchange Trading system.
In China's foreign exchange spot market, the yuan is allowed to rise or...
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Date:2011/11/09
A Chinese project worth $1 billion has landed in the American state of Texas and has received a warm welcome from local government.
The project sets a fine model of Chinese companies' internationalization under a "win-win" strategy.
Financed by...
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Date:2011/11/10
The State Council, or China's Cabinet, on Wednesday approved a plan to contain greenhouse gas emissions in a bid to realize a 17 percent fall in C02 emission per unit of GDP by 2015.
The plan was passed at a State Council regular meeting presid...
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Date:2011/11/04
According to the data released by The Ministry of Commerce of the People's Republic of China recently, China's domestic coke price had declined by 1.4% for the week ended on October 30 compared to prior week and this was also the second con...