-
Date:2011/08/24
China''s foreign trade is unlikely to grow as fast in 2011 as it did last year due to weakening global demand and rising costs, Vice-Minister of Commerce Jiang Yaoping said on Tuesday.
The country''s trade grew by a robust 34.7 percent in 2010...
-
Date:2011/08/18
The State Administration of Foreign Exchange (SAFE) pledged to keep up the pressure against "hot money", as it seeks to deal with speculative capital inflows amid rising inflation and ample global liquidity.
In a statement posted on its website on W...
-
Date:2011/08/22
China should adopt quantitative tools or conduct more rate hikes in its battle against inflation, economists said at a financial forum Saturday.
Xu Xiaonian, a professor at China Europe International Business School, said he expects more interest rat...
-
Date:2011/08/24
Chinese consumer confidence slipped 3 points to 105 in the second quarter. It''s the first decline this year and comes amid concern over growing inflation, according to a report by The Nielsen Co released on Tuesday.
Despite the decline, howev...
-
Date:2011/08/18
The Chinese currency Renminbi, or the yuan, strengthens 54 basis points to 6.3942 per 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 fall by 0....
-
Date:2011/08/22
Hong Kong stocks plunged 616.35 points, or 3.08 percent, to close at 19,399.92 on Friday.
The benchmark Hang Seng Index was deep in the red all day after opened sharply lower 2.69 percent at 19,478.82 following a big slump in the U.S. stock market o...
-
Date:2011/08/24
In July of current year, China had exported 0.3093 million t of welded pipe, up 8.9% month over month. Meanwhile, China also had imported 17900 t of welded pipe in July, down 3% month on month.
In the given month, China’s overall silicon steel impor...
-
Date:2011/08/18
China's stocks closed lower on Wednesday with the benchmark Shanghai Composite Index down 0.26 percent, or 6.91 points, to close at 2,601.26.
The Shenzhen Component Index fell 0.58 percent, or 67.13 points, to finish at 11,598.28.
Source: Xinhua
-
Date:2011/08/22
The Chinese currency Renminbi, or the yuan, weakens 90 basis points to 6.4032 per 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 fall by 0.5 perc...
-
Date:2011/08/17
According to the data released by China’s customs, China imported 17.53 million t of coal in July, surging by 36.2% as compared to the same period of last year. While in January to July of this year China’s overall coal imports totaled 87.87 ...
-
Date:2011/08/17
Hong Kong stocks closed down in volatile trade on Tuesday, with the weighted index losing 48.02 points, or 0.24 percent, to 20,212.08 points.
The benchmark Hang Seng Index opened up at 20,344.75 and traded between 20,140.31 and 20,431.86 during the ...
-
Date:2011/08/17
China purchased another $5.7 billion of US Treasuries in June, an investment described by one expert as "the best of a bad bunch", amid growing calls for the country to diversify its foreign reserves.
June was the third consecutive month that China ...
-
Date:2011/08/17
China's stocks closed lower on Tuesday with the benchmark Shanghai Composite Index down 0.71 percent, or 18.60 points, to close at 2,608.17.
The Shenzhen Component Index fell 0.87 percent, or 102.33 points, to finish at 11,665.41.
Souce: Xinhu...
-
Date:2011/08/12
Hong Kong stocks Thursday lost 188.53 points, or 0.95 percent, at 19,595.14, tracking steep declines on Wall Street overnight due to concerns over Europe's sovereignty debt problems.
The benchmark Hang Seng Index traded between 19,728.88 and 19,269....
-
Date:2011/08/16
According to the report released by CCIA (China Coking Industry Association), China's coke demand is anticipated to continue shrinking in H2 and the overall coke demand may stand at 410 million t for this year, up 6% year over year.
From Janu...
-
Date:2011/08/12
According to the data released by NBS, in January-July of this year, China's overall crude steel output amounted to 410.364 million t, increasing by 10.3% compared to the same period of last year. While in June alone China's crude steel had reached 5...
-
Date:2011/08/16
China''s average inflation rate is likely to accelerate in the third quarter to 6.2 percent from 5.7 percent in the previous quarter, a state think tank forecast on Tuesday, warning that food price pressures would persist, Reuters reported.
As inflat...
-
Date:2011/08/11
Hong Kong stocks Wednesday gained 452.97 points, or 2.34 percent, at 19,783.67, tracking rebounds of Wall Street overnight on U.S. Federal Reserve promised at least two more years of near-zero interest rates.
The benchmark Hang Seng Index traded betw...
-
Date:2011/08/16
Hong Kong stocks surged 640.09 points, or 3.26 percent, to close at 20,260.10 points on Monday led by financial stocks.
It was just off the intraday high of 20,264.33.
The benchmark Hang Seng Index opened much higher in the morning regaining 20,000 ...
-
Date:2011/08/11
According to the data compiled by China's customs, In July China's steel product exports totaled 4.44 million t, rising by 0.15 million t month over month while down 2.42% year over year. While China’s overall steel product exports came to 28...