china

Advantages of scale As in most businesses, the bigger producers are better able than small ones to weather price fluctuations and setbacks, such as illness. Xue, at Zibo's livestock bureau, said, "Small farm owners do not have enough money to buy sanitary facilities and they ...
Labor costs are up too, "by at least 20 percent from last year", Feng said. "Migrant workers now earn 2,500 yuan or 3,000 yuan a month and their monthly wage was about 2,000 yuan last year." And it's not just the wages that are a problem, Li said. "I now pay the keepers 100 yuan ...
Workers process pork at a slaughterhouse in Zibo, Shandong province, on Monday. (Photo: Wang Jing / China Daily) Numbers down A shortage of stock and rising feed and labor costs are chiefly responsible for the increase in the market price for pigs. Shandong farmers raised 40 ...
A worker inspects mining equipment in Anhui province. HSBC's Purchasing Managers' Index dropped to an 11-month low of 50.1 in June, compared with the final official reading of 52 in May, indicating a sizable slowdown in the country's manufacturing growth. [China Daily] China's ...
A bottle of Kweichow Moutai liquor is seen on the counter. China's food safety authorities launched a nationwide campaign on Thursday to enhance supervision over the quality of liquor produced by distilleries in order to "safeguard consumers' health and safety." Relevant ...
Workers process pork at a slaughterhouse in Zibo, Shandong province, on Monday. [Photo / China Daily] Wang Yugui, a farmer in Zibo, Shandong province, has not seen pork prices this high since he started raising pigs in 2001. When pork hit a record 18.4 yuan ($2.83) a kilogram ...
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 market begin to bite SHANGHAI - Property prices in a number of coastal ...
PetroChina and Canadian company Encana failed to reach an agreement to co-develop shale natural gas in Canada. PetroChina Co has ended talks with Encana Corp on a proposed C$5.4 billion (US$5.5 billion) deal to develop shale natural gas in Canada, but said the call-off won't ...
The Three Gorges Power Plant in Yichang, Hubei province. China will increase the share of non-fossil fuels to 20 percent of national energy consumption by 2030 and to one-third by 2050.[China Daily] China will invest 400 billion yuan ($62 billion) in the construction of four ...
Sale would help it meet new reserve requirement international standards SHANGHAI - Bank of America Corp may sell some of its $21 billion stake in China Construction Bank Corp (CCB) to bolster capital before new international standards take effect, said three people briefed on the ...
A cyclist rides past a PICC Property & Casualty Co office in Beijing. PICC's revenue jumped 37 percent last year to 264.7 billion yuan, with premium income amounting to 246.4 billion yuan. [Photo / Bloomberg] $1.55 billion for 11% stake in second-largest insurer expected to help ...
HEBEI'S FOREIGN TRADE UP NEARLY 40 PCT North China's Hebei Province generated 20.97 billion U.S. dollars in foreign trade in the first five months of this year, an increase of 38.6 percent over the same period of last year, according to the local customs house. The total included ...
The following are some China economic news items in brief. CHINA, U.S. OIL COMPANIES JOIN HANDS IN NW CITY Shaanxi Yanchang Petroleum Group based in Yan'an of northwest China's Shaanxi Province has teamed up with the U.S. oil company, KER, according to company sources. The joint ...
The logo of Bayer AG shines from a high-rise building Meteorology Plaza in the Xuhui district of Shanghai. China is the company's largest market in the Asia-Pacific region. [China Daily] The German pharmaceutical and chemical producer Bayer AG has unveiled plans to double its ...
Major domestic steelmakers have cut prices for their products to be delivered in July by 70 yuan to 200 yuan a ton. China's major steelmakers continued to cut July delivery prices on Wednesday. Companies began lower prices on June 17, in expectation of slowing market demand. ...
A farmer surveys his rice paddy flooded by heavy rains in Leping, Jiangxi province, on Saturday. Downpours that started on June 14 have affected 2.6 million people in more than 40 cities in the province. [Photo / China Daily] Disastrous weather is likely to drive cost of ...
A worker at a tollgate on a highway linking Guilin and Beihai cities in South China's Guangxi Zhuang autonomous region gives receipts to a driver on Monday. [Photo / Xinhua] Expressway tolls remain long after construction costs have been repaid BEIJING - A campaign targeting ...
Consumers buy pork in a store in Yiwu, Zhejiang province. In some second- and third-tier cities, the price of pork rose above 30 yuan ($4.64) a kilogram. [Photo / China Daily] The costs of labor and corn are the main factors driving current increase BEIJING - The prices of pork ...
ING Group NV headquarters in Amsterdam, Netherlands. The company's banking business in China will focus on the corporate side, said Robert Scholten, the China manager of the company's banking division. [Photo / Provided to China Daily] Dutch company plans to provide services to ...
BEIJING - China will soon loosen restrictions on domestic securities brokerages engaging in private equity (PE) investment despite investors' concerns that they may manipulate the market by pushing up initial public offering prices to reap exorbitant profits as prefloat investors...
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Chicago unveils Chinese New Year celebrations
Chicago unveils Chinese New Year celebrations
CHICAGO -- Chicago held a ceremony Friday at the landmark Daley Civic ...
UN chief, Syrian FM in verbal clash at conference
UN chief, Syrian FM in verbal clash at conference
The first day of the peace conference in Montreux, was marked by ...
Chaos on streets after three reported killed in Kiev
Chaos on streets after three reported killed in Kiev
Three people have reportedly been killed in Ukraine's capital Kiev ...
Panel to push financial reform in FTZ
Panel to push financial reform in FTZ
Financial reform in the China (Shanghai) Pilot Free Trade Zone will ...
Economist sees world economy strengthening in 2014
Economist sees world economy strengthening in 2014
NEW YORK, Jan. 24 (Xinhua) -- Global economy is likely to gain ...
China economic reform in focus at World Economic Forum
China economic reform in focus at World Economic Forum
There’s been much talk of China at the World Economic Forum-and a ...
China's banks must evolve or perish
China's banks must evolve or perish
As China's traditional banks raise interest rates to claw back lost ...
Court rejects Apple lawsuit over iPad name
Court rejects Apple lawsuit over iPad name
Shenzhen Municipal Intermediate People's Court has rejected a lawsuit ...
Chinese steelmakers see profits plunge
Chinese steelmakers see profits plunge
China's 77 major steel companies reported an average profit margin of ...
Injured star short-track skater Wang Meng left out of China's squad for Sochi
Injured star short-track skater Wang Meng left out of China's squad for Sochi Winter Games
Injured Olympic champion Wang Meng has been ruled out of the 139...
Yao's gift of sport for all
Yao's gift of sport for all
Chinese NBA player Yao Ming teaches a boy with special needs how to ...
Li Na wins French Open women's singles title
Li Na wins French Open women's singles title
History-making tennis legend Li Na notched the first-ever grand slam ...