7/22/2011 11:30:00 AM
BEIJING - China´s consumer prices will likely fall in the second half of the year, trimming growth of the consumer price index (CPI) to 4 percent by the year´s end, the Bank of Communications said in a report Thursday.The bank forecast the rise of CPI, the main gauge of inflation,…
7/22/2011 11:24:00 AM
BEIJING - The renminbi (RMB), China´s official currency, set a new high for the second day to a ratio of 6.4536 yuan per US dollar on Thursday.It indicates a 22-percent increase after the country launched exchange reforms on July 21, 2005. The ratio was 8.11 yuan per US dollar when the refo…
7/21/2011 10:38:00 AM
BEIJING - China on Wednesday urged the United States to take "responsible" policy measures to raise market confidence in the dollar and US government debt as international rating agencies warned of a possible downgrade of the US credit rating amid Washington´s debt stalemate.The S…
7/20/2011 10:35:00 AM
NEW YORK, July 19 (Xinhua) -- The 12th China textile and apparel trade show kicked off in New York on Tuesday, with "added value" and "industry upgrade" becoming the key words for both the organizer and attendees. The annual sourcing event, the only U.S. trade show mainly featurin…
7/18/2011 10:46:00 AM
GUIYANG - China will start a pilot carbon emissions trading project, and gradually set up a carbon emissions trading market, said Xie Zhenhua, vice-minister in charge of the National Development and Reform Commission (NDRC), on Sunday at the 2011 Eco-Forum Global in Guiyang.China would also accelerat…
7/14/2011 10:28:00 AM
BEIJING - The economy grew 9.5 percent in the second quarter, beating expectations and easing concerns over a hard landing amid tight monetary policies targeting high inflation.The growth rate was higher than the 9.3 percent predicted by many economists. Other indicators also point to a soft landing …
7/12/2011 10:36:00 AM
Asia´s Biggest Textile Machinery Trade Exhibition Gears up for Bigger 2012 ShowcaseThe third ITMA ASIA + CITME combined exhibition is expected to draw positive response from leading textile machinery manufacturers as the Chinese textile industry continues to expand. It will be held at the S…
7/11/2011 11:37:00 AM
BEIJING - The pace of China´s import growth in June fell to its lowest level in 20 months as tightening monetary policies kicked in, resulting in the biggest monthly trade surplus this year, official statistics show.Import growth is expected to slow in the coming months, thanks to the broad…
7/11/2011 11:24:00 AM
The shortage of technical workers has become a key obstacle preventing the textile industry from growing stronger, an official with the China National Textile Industry Council (CNTAC) said Friday.Half of the country´s key production positions lack technical workers as 70 percent of the fron…
7/8/2011 10:53:00 AM
--- National Development and Reform Commission of ChinaJune 22, Chinese textile enterprises are facing a tough time this year as raw material prices fluctuate and bank loans dry up in a climate of tighter monetary policy."Almost 70 percent of textile firms in China are having to curtail or limit…
