Sales of passenger vehicles in China during the first half of 2011 rose 5.3 percent year-on-year to 6.64 million units, lower than the general market expectation, reports ndb.com.cn, citing the China Passenger Car Association (CPCA). The growth rate…
Category: Economy
China’s current inflation is a temporary bubble, and there is no need to worry about a hard landing, said Professor Dwight H. Perkins, a Harvard economist at a world economic congress held from Monday to…
Most China stocks fell on speculation inflation jumped to a three-year high last month, making it difficult for the government to stop its policy tightening measures even as the economy slows. Anhui Conch Cement Co….
China’s economic hub Shanghai ranks sixth most competitive financial center worldwide, up from the eighth last year, according to the Xinhua-Dow Jones International Financial Centers Development Index (IFCD Index) issued Friday. The IFCD Index was…
China’s asset managers, who have been approved to raise $70 billion for allocation overseas, are seeking additional funds to invest in gold and precious metals as soaring inflation spurs interest in alternative assets as a…
The Chinese yuan will rise 4 percent against the dollar in the coming 12 months, making it the strongest performer among the BRIC country currencies, according to the latest Reuters poll. As the Chinese economy expands with…
China’s State Council, or the Cabinet, has approved a plan to establish the Zhoushan Archipelago New Area in southeastern Zhejiang Province, local authorities said Thursday. It will be the country’s fourth state-level new district after…
China will release its politically sensitive inflation data on Saturday – six days ahead of schedule – to avoid the figures being leaked to the public, the government said on Thursday. The consumer price index…
When celebrating the 20th anniversary of their dialogue partnership this year, China and the Association of Southeast Asian Nations (ASEAN) have reasons to feel proud of the many achievements they have reaped from enhanced cooperation…
China needs innovation in its monetary policy tools as the market has become immune to the standard moves taken by the central bank to curb excess credit, a senior banking regulator said in remarks published on…