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Date:2011/09/30
The Chinese currency Renminbi, or the yuan, strengthened 116 basis points against the greenback on Friday, with the central parity set at 6.3549 per U.S. dollar, according to the China Foreign Exchange Trading system.
In China's foreign exchang...
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Date:2011/10/08
China's futures market realized a total turnover of 12.65 trillion yuan ($1.98 trillion) in September, slightly up 0.33 percent year-on-year, according to the China Futures Association.
However, the market saw just 99.94 million deals take plac...
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Date:2011/09/30
According to the data released by CISA (China Iron and Steel Association), China's registered steelmakers have contributed a daily crude steel output of 1.6297 million t in middle September, down 2.27% as compared to early September.
Me...
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Date:2011/10/08
China's State Council has issued a guideline on supporting central Henan Province to be built into a Central Plains Economic Zone for balanced development.
The guideline, publicized on Friday, positioned the Zone, covering entire Henan an...
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Date:2011/09/29
China's stocks fell to a one-year low on Thursday amid concerns over the worsening eurozone debt crisis and the faltering global economic recovery.
The benchmark Shanghai Composite Index fell 1.12 percent, or 26.72 points, to close at 2,365.34 ...
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Date:2011/10/08
Despite some challenges, China is becoming increasingly important to the future growth of American companies doing business with China, said a US business expert in Chicago on Thursday.
John Frisbie, the president of the US-China Business Coun...
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Date:2011/09/29
According to the data released by MOFCOM on September 29, China's domestic steel price had declined by 1.2% for the week ended on September 25 compared to prior week. For instance, the price for high speed wire rod with diameter of 6.5 m...
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Date:2011/09/30
In the post-global financial crisis era, governments the world over are battling to get more bank financing to small and medium-sized enterprises (SMEs), which today are widely recognized as crucial drivers of growth and employment across economies.&...
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Date:2011/09/28
The Chinese currency Renminbi, or the yuan, strengthened 137 basis points against the greenback on Wednesday, with the central parity set at 6.3623 per U.S. dollar, according to the China Foreign Exchange Trading system.
Dealers said the marke...
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Date:2011/09/28
City officials say owners of plush residential properties must pay their property taxes in October or face harsh punishments.
On Jan 28, Chongqing and Shanghai adopted the first property tax ever imposed in China, placing it on expensive...
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Date:2011/09/28
China hopes the United Kingdom will push for EU recognition of China's market economy status and expand exports of high-tech products to China, State Councilor Dai Bingguo said on Tuesday.
Dai, who oversees foreign affairs, made the remarks whe...
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Date:2011/09/28
Ireland, which waded through four years of economic recession, greatly valued foreign direct investment and it hoped to see more Chinese investment, said an official of a business park outside Dublin.
"We would very much welcome Chinese compan...
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Date:2011/09/26
The Chinese currency Renminbi, or the yuan, gained 105 basis points to a record high of 6.3735 per 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 ri...
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Date:2011/09/28
Chinese Premier Wen Jiabao on Tuesday urged local governments to step up efforts in energy conservation and emissions reduction as the situation remains serious.
Speaking during a teleconference, Wen said local governments should be aware of the "ex...
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Date:2011/09/26
Hong Kong stocks closed down 261.03 points, or 1.48 percent, at 17,407.80 on Monday.
The benchmark Hang Seng Index traded between 17,734.84 and 16, 999.54. Turnover totaled 79.18 billion HK dollars (about 10.15 billion U.S. dollars).
Source: Xi...
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Date:2011/09/23
Portuguese-speaking countries are seeking to attract more Chinese investment at an ongoing forum hosted by China's major manufacturing region through the initiatives of Macao, a Chinese territory once occupied by Portugal but returned to China i...
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Date:2011/09/28
In August of current year, China's overall silicon steel imports totaled 82600 t, increasing by 2.1% month over month and by 14.56% year over year. At the same time, the oriented silicon steel imports had amounted to 34879 t, surging by ...
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Date:2011/09/26
According to the news released by Guangxi Daily, Mabiao as the governor of Guangxi province has talked with the president of WISCO Deng qilin on the acceleration of the steel base program in Fangcheng port. Both of the parties consent to the speed-up...
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Date:2011/09/23
China's manufacturing activity continued to contract for the third consecutive month in September, according to a preliminary reading of the HSBC purchasing managers' index (PMI) released on Spet 22.
The HSBC preliminary PMI for China'...
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Date:2011/09/27
The Chinese currency Renminbi, or the yuan, weakened 25 basis points against the greenback on Tuesday, with the central parity set at 6.376 per U.S. dollar, according to the China Foreign Exchange Trading system.
The yuan rose to a record high of 6....