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Date:2011/10/20
According to the data released by MOFCOM on October 19, China's domestic steel price had declined by 1.2% for the week ended on October 16 compared to prior week. For instance, the price for non-oriented silicon steel sheet with thicknes...
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Date:2011/10/20
China sold US Treasurys in August, reducing its net holdings but remaining the largest foreign holder, Dow Jones Newswires reported citing the US Treasury Department.
Overall, many investors were net buyers of long-term US securities in August accor...
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Date:2011/10/20
The Ministry of Commerce (MOC) on Wednesday reiterated its position over the new bill passed by the US Senate to add pressure on China's currency policy making.
"The US Senate's move to force its trading partner's currency to apprecia...
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Date:2011/10/20
EU investment in China up to October dropped, due mainly to a massive cut in September caused by the eurozone debt crisis, the Ministry of Commerce said on Wednesday.
But officials and experts dismissed any suggestion that global confidence in...
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Date:2011/10/18
China's oil market remained balanced in the first three quarters, with the apparent consumption of refined oil products going up 5.7 percent to 180.43 million metric tons, the country's top economic planner said Monday.
According to ...
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Date:2011/10/20
Danish wind turbines maker Vestas and a Chinese energy research institute have issued a joint research report on the integration of wind power with the existing electric power grid, Vestas China said on its website.
The report, entitled "Integrated ...
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Date:2011/10/18
The 110th Canton Fair, China's largest trade fair and a barometer of the country's foreign trade, is sending a clear message that China will expand imports from other parts of the world, and many analysts say this is the best gift China cou...
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Date:2011/10/19
China's stocks opened slightly higher on Wednesday after an overnight rally on the U.S. markets.
The benchmark Shanghai Composite Index gained 0.18 percent to open at 2,387.83, while the Shenzhen Component Index opened 0.28 percent higher at 10...
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Date:2011/10/18
According to the data released by CISA (China Iron and Steel Association), China's average daily crude steel output stood at 1.9339 million t in early October, rising by 0.2% vs late September.
On the other hand, Chinese averaged crude ...
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Date:2011/10/19
The Chinese currency Renminbi, or the yuan, strengthens 22 basis points to 6.3727 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...
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Date:2011/10/17
The Chinese currency Renminbi, or the yuan, strengthens 52 basis points to 6.3710 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 or...
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Date:2011/10/17
China's stocks opened higher on Monday, as the drop of the country's September CPI (Consumer Price Index) boosted investors' confidence.
The benchmark Shanghai Composite Index climbed 0.13 percent to open at 2,434.49.
The Shenzhen Comp...
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Date:2011/10/18
China's stocks opened lower on Tuesday, following an overnight rout on Wall Street.
The benchmark Shanghai Composite Index lost 0.7 percent to open at 2,423.28, while the Shenzhen Component Index opened 0.67 percent lower at 10,442.57.
Overnigh...
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Date:2011/10/17
According to the data compiled by China's customs, China's steel product exports totaled 4.21 million t in September, rising by 20 thousand t month over month and by 39.87% year over year. At the same time, China's overall stee...
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Date:2011/10/18
The Chinese currency Renminbi, or the yuan, weakened 39 basis points to 6.3749 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 or f...
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Date:2011/10/17
China's state-owned assets regulator on Friday reiterated measures ordering centrally-administered state-owned enterprises (SOEs) to declare their assets overseas in a bid to stop a corruption- and loss-prone loopholes.
All of the 117 cen...
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Date:2011/10/18
China's natural gas output rose 6.9 percent year-on-year to 23.9 billion cubic meters in the third quarter of the year, the country's top economic planner said on Monday.
Natural gas output in the first nine months totaled 74.4 billio...
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Date:2011/10/17
The Ministry of Commerce intervened on Saturday in a bitter dispute between Taobao Mall, China's top online retail platform, and small business owners sparked by a massive hike in membership fees.
Taobao Mall announced last week a minimum...
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Date:2011/10/18
China's hydropower output dropped 24.5 percent year-on-year to 56.87 billion kilowatt-hours (kWh) in September as a result of decreased runoff from major rivers, according to the nation's top economic planner.
The September decrease ...
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Date:2011/10/17
The China Securities Regulatory Commission (CSRC) said on Friday it has not approved any program allowing sales of cross border exchange-traded funds (ETFs) on the Chinese mainland, saying such programs are still "in preparation."
The CSRC clarifica...