8/12/2011 10:53:00 AM
BEIJING - China is not at risk of a hard landing in spite of an economic slowdown, said a senior official at the country´s top economic planner, warning that the loose monetary policy by the United States will fuel global inflation.China´s economy is generally healthy although eco…
8/11/2011 10:23:00 AM
July figure hits 30-month high of $31.5 b amid 3rd quarter optimismBEIJING - China´s trade surplus for July hit $31.5 billion, the highest in two and a half years, thanks to higher-than-expected export growth, especially to the European Union.The surplus eased fears that the US and European…
8/10/2011 2:23:00 PM
Groups of important buyers from Asia, Europe and the USA will join this year’s Intertextile Shanghai Home Textiles to search for new products, technologies, designs and suppliers from China and abroad. This leading home textiles fair in Asia will be held at the Shanghai New International Expo Centre…
8/9/2011 10:08:00 AM
BEIJING - The Chinese government will not lower oil prices for the time being, as conditions for price cuts have not yet been met, the nation´s economic planning agency told Xinhua Monday.The remarks were made by the head of the pricing department of the National Development and Reform Comm…
8/9/2011 10:04:00 AM
BEIJING - Last month´s inflation rate is expected to exceed 6 percent, driven by stubbornly high food prices, analysts said ahead of official data to be released on Tuesday.July´s Consumer Price Index (CPI), a main gauge of inflation, is likely to exceed June´s three-yea…
8/8/2011 10:37:00 AM
ACCRA - With a total of 23 new projects, investment from China remained on top of new foreign direct investment (FDI) projects registered in Ghana for the second quarter of this year, the Ghana Investment Promotions Center (GIPC) announced here on Thursday.However, the investments from Netherlands, v…
8/8/2011 10:28:00 AM
BEIJING - China is likely to increase benchmark interest rates again in the near term to curb inflation, according to the latest comments by analysts.A let-up of the government´s tightening measures in the third quarter should not be expected, chief economist Li Xunlei of Guotai Junan Secur…
8/4/2011 10:29:00 AM
--- China Textile Machinery AssociationAccumulated sales of China textile machinery industry over the first four months of 2011 reached 29.728 billion RMB, rising by 32.96 percent year-on-year. Sales to production rate was 97.04 percent, maintaining the same level of the previous year. Overall cost w…
8/4/2011 10:23:00 AM
BEIJING - China will continue to diversify its foreign currency investments and strengthen risk management to minimize the impact of the global financial market´s fluctuations on China, according to a statement on the website of the People´s Bank of China.China welcomes the US pro…
