11/26/2007 1:18:00 PM
Based on the incomplete statistics from Guangdong Provincial Bureau of Foreign Trade and Economic Cooperation, Guangdong overseas investment, and business revenue from both foreign contracted projects and labor cooperation all ranged the top in the nation. By the end of September, 1751 enterprises ha…
11/26/2007 1:15:00 PM
One industry´s difficulties could be a gold mine for another - and the International Center for Small and Medium Enterprises plans to help identify those opportunities. The foreign-invested firm started operations in Shanghai this week, helping smaller overseas companies to launch their bus…
11/23/2007 2:49:00 PM
China´s consumer price index (CPI) will rise by 4.5 percent to 4.6 percent for the whole of the current year, which will indicate a moderate and tolerable inflation, the country´s top statistician Xie Fuzhan said Thursday at Tsinghua University. Xie, head of the National Bureau of…
11/23/2007 2:46:00 PM
The brisk retail sales environment in the United Kingdom (UK) has given way to much slower sales. Retail sales of textiles, apparel and footwear only posted 2.1 percent growth in October, which was the slowest growth in three months. The U.S. housing sector problems appear to be impacting the UK as w…
11/23/2007 2:44:00 PM
The Chinese Government has launched a new scheme to boost the development of processing trade in central and western areas, a spokesman with the Ministry of Commerce said. The scheme is aimed to open wider the central and western areas to the outside world and narrow the yawning regional disparity, W…
11/22/2007 2:27:00 PM
China´s Central Bank has instructed banks to further cool loan growth. This directive, known as "informal guidance", actually appears to be the toughest measure taken to cool loan growth. The Central Bank had previously raised the benchmark lending rate by 1.12 percent and increas…
11/22/2007 2:22:00 PM
China´s currency, the yuan, hit a new high against the U.S. dollar on Thursday, according to the Chinese Foreign Exchange Trading System. The central parity rate of the yuan, also known as Renminbi (RMB), stood at 7.4119 yuan to one U.S. dollar on Thursday, gaining 31 basis points from Wedn…
11/21/2007 1:41:00 PM
The 11th meeting between leaders of China and the Association of Southeast Asian Nations (ASEAN) was held in Singapore on Tuesday. Chinese Premier Wen Jiabao and leaders of the 10 ASEAN member countries attended the summit, during which Wen delivered a speech. Wen said over the past year, guided by t…
11/21/2007 1:39:00 PM
China´s weekly textile index took a plunge during week ending November 16, with the overall price index falling .51 percent to 97.13. This weakness occurred in the apparel price subindex, down 1.18 percent at 98.08, and the accessories index, down .90 percent at 103.41. This downturn revers…
11/20/2007 3:01:00 PM
Hangzhou International Garments City is all set to formally open in August 2008 and dozens of the local and Korean designers are already working in the premises and are preparing for the grand inaugural ceremony. Hangzhou Garments City, covering 73000 square meters, boasts shops specially dealing wit…
