3/5/2008 10:22:00 AM
China became the third largest export market in 2007, surpassing Japan, according to an annual trade report released by the Bush administration on Tuesday. Goods exports to China continued to increase in 2007, up 17 percent, the 8th straight year of double-digit growth. Exports of foods, feeds and be…
3/4/2008 10:23:00 AM
China Minsheng Banking Corp´s net profit jumped 68.6 percent year on year in 2007 to 6.3 billion yuan (about 886 million U.S. dollars), the lender announced here on Monday. The country´s first private bank saw its assets swell 26.9 percent in 2007 to 919.8 billion yuan with earnin…
3/4/2008 10:16:00 AM
According to the Hubei Agriculture Bureau, spring cotton acreage is expected to be about 420,000 ha, which would be approximately the same as the previous year. This varies with the recent NCMMS field survey, which determined spring acreage would increase about 6 percent to 433,333 ha due to better-t…
3/4/2008 10:13:00 AM
GUANGZHOU: A large-scale investigation is under way to consider the establishment of an economic cooperation zone encompassing Guangdong, Hong Kong and Macao.On Sunday, Hong Kong newspaper Wen Wei Po said the zone will be the biggest metropolis in the country, based on integration and cooperation on …
3/3/2008 1:32:00 PM
China, with a large economic size and plenty of investment prospects, will not face recession after the Olympic Games in August, said economists to attend the annual full sessions of the top legislative and political advisory bodies. "I was frequently asked during my just-ended trip to Europe if…
3/3/2008 1:28:00 PM
Henan´s Bureau of Statistics reported that the official cotton production number for 2007 had reached 650,000 tons, down approximately 15 percent from 2006’s 762,000 tons. Cotton acreage for 2007 was estimated to be 700,000 ha, which was down 36,100 ha from 2006. Equally important was the …
3/3/2008 10:36:00 AM
The trade volume between the Inland and Taiwan amounted to US$11.32 billion in January 2008, with an increase of 22.5% year on year, out of which the Inland´s export to Taiwan hit US$2.01 billion, up by 17.4%, and the Inland’s import from Taiwan hit US$9.32 billion, up by 23.7%. 219 Taiwan…
2/29/2008 3:13:00 PM
Three weeks of snow across most of China have "taken a toll on the economy" but the impact will dissipate over the full year, according to renowned economist Fan Gang. Fan, director of China´s National Institute of Economic Research, said here on Saturday the long snow spell would…
2/29/2008 10:38:00 AM
The Gross Domestic Product (GDP)of Hong Kong grew by 6.3 percent in 2007, higher than the trend growth for the past 10 years, Hong Kong´s top financial official said here Wednesday. "In 2007 the Hong Kong economy was vibrant," said John Tsang, financial secretary of the Hong Kong …
2/28/2008 1:23:00 PM
Faced with rising prices at the gas pump and at the supermarket, U.S. consumers may have to contend with sharply higher prices for clothing thanks to a recent spike in prices, which, in turn, may compel consumers to sharply lower consumption of textiles and apparel over the coming months. According t…
