2/23/2009 1:50:00 PM
BEIJING -- Lian Ping, chief economist of Bank of Communications, China´s fifth largest commercial lender, said Sunday that the Chinese economy is expected to pick up speed starting from the second quarter this year.The Shanghai-based bank predicted China could register a gross domestic prod…
2/20/2009 1:44:00 PM
Chinese Vice Premier Zhang Dejiang Thursday urged the country´s labor department to find employment for people this year. China is facing a daunting task to secure jobs for its workforce after more than 20 million migrant workers lost their jobs in the global financial crisis. To compound t…
2/19/2009 2:21:00 PM
In order to provide more support to our dear customers in both the textile and nonwovens industry, AKM Shanghai Co., Ltd – the sales & service organization of Andritz Kuesters GmbH in Far Asia is now offering more flexible services programs and most important of all, with more attractive pri…
2/19/2009 1:46:00 PM
The world famous textile machinery manufacturer based in Germany ” KARL MENZEL MASCHINENFABRIK GmbH & Co” who has more than 50 years specialisation in finishing of technical textiles and fibers has developed OptiColor Dye Padders in both narrow and wide width for worldwide customers.These p…
2/19/2009 1:28:00 PM
China´s treasury debt holdings in the US grew by $14.3 billion in December amidst speculation that it was seeking other options to deploy its nearly $1.95 trillion in foreign exchange reserves.The nation´s holdings of the treasuries totaled $696.2 billion in December, up from $681…
2/19/2009 10:22:00 AM
BEIJING, Feb. 18-- The "Buy American" provisions in the 787-billion-U.S. dollar economic stimulus bill that U.S. President Barack Obama signed into law Tuesday, will deal a hard blow to world endeavors in saving the economy. According to the legislation, the "Buy American" provisi…
2/18/2009 3:27:00 PM
Chinese Premier Wen Jiabao went on a morale boosting tour in the northern port municipality of Tianjin, an industrial hub near Beijing, Sunday and Monday. Wen talked with textile workers, steel makers, tire manufacturers and students during the tour to see how the city is weathering the global financ…
2/18/2009 3:17:00 PM
Learned from the General Administration of Customs, China’s foreign trade reached 2.56 trillion US dollars in value in 2008, up 17.8% compared with 2007, but the growth rate was down 5.7 percentage points. The year-on-year growth rate of China’s foreign trade dropped below 20 percent for the first …
2/18/2009 3:13:00 PM
According to Liaoning Customs, total export of textiles, garments and yarns in Liaoning province for year 2008 stood at 3.83 billion US dollars, up 8.6% year-on-year, but the growth rate was 6 percentage points lower than that of 2007. By ownership of enterprises, export from private firms in the pro…
2/17/2009 1:16:00 PM
BEIJING, Feb. 16-- China´s Ministry of Commerce (MOC) voiced concern Monday about trade protectionism, amid fears that such action would aggravate the economic downturn. MOC spokesman Yao Jian told a press conference China was "deeply concerned" over protectionism in some countrie…
