1/10/2008 2:49:00 PM
The Chinese government decided on Wednesday to take further measures to stabilize market prices and increase the severity of punishments for those guilty of driving up prices through hoarding or cheating. The government urged all local authorities to strengthen price management and supervision and to…
1/10/2008 2:48:00 PM
The average market value of Chinese listed companies in 2007 rose 235 percent year-on-year to stand at21.2 billion yuan (2.9 billion U.S. dollars), the China stock market value management and research center said in a report here Wednesday. The report said that the Chinese stock market had become the…
1/9/2008 3:11:00 PM
China´s efforts to deflate consumer price increases this year will focus on farm produce. This could be more costly due to a global trend in increasing prices and rising domestic production costs, a senior agricultural official noted here on Tuesday. "The Chinese government will strive…
1/8/2008 2:25:00 PM
Chinese analysts have brushed aside the possibility of an immediate interest rate hike, predicting a slowdown in inflation for the month of December, a figure which is yet to be released by the statistics authorities. In its latest report, Shenyin Wanguo Securities projected a rise of 6.1 percent for…
1/8/2008 2:24:00 PM
Apparel import growth into Taiwan has slowed in 2007 despite improvement in consumer spending. January through September knitted/crocheted apparel imports posted gains of only 4 percent in volume, reaching 36.831 million kilograms, which represents a major loss from 2006 when imports grew 32.7 percen…
1/3/2008 3:18:00 PM
The 2007 target for cotton shipments out of Xinjiang Province was completed before the end of 2007. High demand is now evident for shipments of a variety of commodities out of the province, resulting in a shortage of rail cars and railway authorities stating that there will be no additional rail cott…
1/3/2008 3:15:00 PM
Macao´s total export value during the first 11 months of 2007 dropped by 1.4 percent year-on-year, as its textile and garment export value, accounting for 65.4 percent of the total, decreased by 11 percent, according to official statistics released on Monday. Information from the government…
1/3/2008 3:11:00 PM
China´s top economic planning body the National Development and reform Commission (NDRC) has urged local authorities to stay vigilant against chain reactions in price hike. "When the price of a certain product increases sharply, measures should be made immediately to curb its spreading…
1/2/2008 1:31:00 PM
The Chinese yuan rose 50 basis points to break the 7.30 mark against the US dollar on the first trading day in 2008, paving the way for a steady appreciation.Before trading started on Wednesday, the People´s Bank of China, the central bank, set the central parity rate at a record 7.2996 aga…
12/28/2007 1:18:00 PM
BEIJING, Dec. 25 (Xinhua) -- A new online textile export license system began operation in China on Tuesday, just days before a quota system for shipments to the European Union (EU) is to expire, sources in the Ministry of Commerce (MOC) told Xinhua. The online application system "is one of a se…
