2/28/2008 10:34:00 AM
BEIJING, Feb. 27 -- China imported 2.14 million tones of cotton in the first 11 months of last year, a decline of 37.2 percent from the same period of the previous year, sources with the General Administration of Customs said on Wednesday. But the import price of each tonne of cotton averaged 1,394.3…
2/27/2008 1:56:00 PM
Last year wasn´t easy for Chinese exporters, faced with an appreciating renminbi, tighter domestic policies and rising labor and material costs. But the country´s exports still surpassed imports by 262.2 billion U.S. dollars last year. The surplus was up 47.7 percent from the prev…
2/27/2008 10:50:00 AM
England’s North-west is set to become a major European centre for trade with China after ambitious plans for a ￡125million textile manufacturing hub were unveiled this week. Dubbed ‘Chinagateway’, the one million square foot development will be similar to one in Dubai. It will create the largest …
2/27/2008 10:38:00 AM
By Qin Jize and Li XiaokunVisiting US Secretary of State Condoleezza Rice said Tuesday she expects to see "more solid" relations between Washington and Beijing.During a meeting with President Hu Jintao, Rice said the United States appreciates Chinese efforts in resolving issues such as Darf…
2/26/2008 10:36:00 AM
A group of 14 research institutions jointly predicted over the weekend that China´s economic growth for the first quarter would be 10.4 percent to 10.5 percent, while the consumer price index (CPI) would be 6.8 percent to 7.1 percent. The 14 institutions included the State Information Cente…
2/26/2008 10:30:00 AM
Higher raw material costs are forcing Chinese white goods manufacturers to raise prices, with an industry analyst predicting a spate of price rises in May. Haier, one of the leading domestic white goods manufacturers, has raised its prices on goods, mainly washing machines and refrigerators, by 5 per…
2/25/2008 1:27:00 PM
The Sichuan Bureau of Statistics has released its official estimate of 2007 cotton production. Total cotton produced reached 17,000 tons, a 6.4 percent year-on-year expansion. Cotton is a very small crop in Sichuan Province. Grain production in the province increased 6.1 percent to 34.484 million ton…
2/25/2008 11:05:00 AM
The central bank warned on Friday that China is facing an "increasing" risk of inflation and said price levels will remain high throughout the first half of the year. "There is an increasing inflation risk," said the People´s Bank of China´s monetary policy rep…
2/25/2008 11:00:00 AM
IBM defines itself as a globally integrated enterprise, Toshiba a company in the world and ABB as a global company, which is home everywhere. The transformation of more transnational firms into global corporations helps to promote China´s sustainable development, according to the 2008 repor…
2/22/2008 1:36:00 PM
Chinese investors have put on hold their planned investment in the textile sector of Pakistan, because of the political instability and deteriorating economic conditions, official sources told Business Recorder on Feb.14.According to the officials, China had agreed to set up industries in proposed ga…
