Kweichow Moutai Co, China’s largest maker of baijiu liquor, added 1.3 percent to 205.93 yuan ($31.83) on Wednesday on prospects that the earnings of consumer staples producers will weather a growth slowdown. [Photo / Provided…
Category: Economy
China’s money-market rate soared to the highest level in more than three years on concern cash supply won’t rebound before the end of this month. The seven-day repurchase rate, which measures interbank funding availability,…
The price of pork in China has hit a new record high due to rising costs and short supply, contributing to a rise of six percent year-on-year in the June consumer price index (CPI) figure,…
Due to the ongoing torrential rains and floods in the southern regions of China, vegetable prices have increased sharply and will possibly see a dramatic surge in the near future, the Economic Information Daily said…
A property expo in Jiaxing, Zhejiang province. Measures to rein in soaring property prices in major cities have driven hot money to smaller cities. [Photo / China Daily] Investors widen net as measures to cool…
A man reads a book in front of a shelf displaying “red books” in a bookstore in Beijing on June 11. [Da Wei / for China Daily] BEIJING – Guo Yao picked up the Constitution…
International production to rise as China limits exports BEIJING – Rare earths production in China, as a percentage of the global total, will fall sharply from the current 95 percent to 60 percent within two…
Nearly half of the fish eaten around the world now comes from farms instead of the wild, with more foresight needed in China and other producers to limit the ecological impact, a study said Tuesday….
Bowing to pressure from home and abroad, China’s currency has climbed to new highs against the US dollar since the central bank’s pledge to allow the yuan to appreciate further in June 2010. One…
The Chinese mainland’s benchmark Shanghai Composite Index ended four of its five trading days last week down, with a week-on-week drop of 2.30 percent to 2,642.82 points, the lowest closing point since September 29,…