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Efforts underway to cool flow of hot money after asset bubble fears

After a string of emerging countries - including India, Indonesia, Thailand and Brazil - began to target the flow of short-term speculative capital, many experts believe China will step up its efforts to control the flow of so-called hot money. The deputy governor of China's ...

Current macro-economic policies to stay next year

China's government will continue the proactive fiscal policy and moderately easy monetary policy next year, the political bureau of the Communist Party of China (CPC) Central Committee said Friday. Bureau members at a meeting chaired by Hu Jintao, general secretary of the CPC ...

Hong Kong's October exports fall 13.1%

Hong Kong's exports in October fell 13.1 percent year-on-year to HK$240.8 billion ($31.1 billion), compared with a decline of 8.6 percent in September, statistical authorities said Thursday. The Hong Kong Special Administrative Region (HKSAR) government said the larger year-on...

China, Ecuador to further trade cooperation

China and Ecuador have broad prospects in enhancing cooperation in resources, finance, technology and market, which will be conducive not only to facilitating the recovery of their own economies but also to contributing to the rebounding of the world economy, China's top ...

China tells enterprises to be prepared for upcoming FTA

China has told its enterprises to be prepared for competitions while the establishment of the Free Trade Area between the country and the Association of Southeast Asian Nations (ASEAN) is only a month ahead. "Chinese enterprises should make full preparations for competitions ...

ECLAC seeks deeper Latin America-China ties

The third Latin America-China Entrepreneurs Summit will facilitate the discussions on post-crisis ties between China, the Asia-Pacific region, and Latin America and the Caribbean, an official with the Economic Commission for Latin America and the Caribbean (ECLAC) said on Monday. ...

China calls for promoting global service trade

China's Minister of Commerce Chen Deming on Tuesday urged the promotion of global service trade as an important approach to revive the world economy. Speaking at an industrial conference held in Beijing on Tuesday, the minister said the world economy was already on a steady path ...

China calls for easy Indian business visa

China on Tuesday called for favorable conditions for labor service cooperation with India, saying the cooperation benefits both countries. "We have insisted that China and India should develop trade relationship, promote investment cooperation, and create favorable conditions for ...

Greater efforts urged against commercial bribery

A senior official on Monday called for greater efforts against commercial bribery. He Yong, deputy secretary of the Central Commission for Discipline Inspection of the Communist Party of China (CPC), made the remarks at a meeting on battling commercial bribery. He said, though ...

China-ROK free trade deal urged

Partly induced by the drop in trade between South Korea and China amid the global recession, officials from both sides committed to expediting negotiations for a free trade agreement. High-level officials from the two nations also said they would focus on trade cooperation in a ...

China calls for closer economic ties with Peru

China and Peru should view their economic and trade cooperation from a strategic perspective and work together to promote cooperation in this regard, China's top political advisor Jia Qinglin said on Monday. Speaking at the China-Peru Trade and Investment Cooperation Forum in ...

Non-SOEs employ 80% of industrial workforce

Non-State-owned enterprises (non-SOEs) employed 70 million people, or 80 percent of China's total workforce in the industrial sector in 2008, the National Bureau of Statistics (NBS) said in a statement Monday. Despite the global economic downturn, non-State-owned industrial firms ...

Lawmaker proposes to outlaw lavish banquets on public funds

A Chinese lawmaker has proposed to hold people who use public funds on lavish banquets legally accountable so as to curb the widespread practice. Zhao Linzhong, deputy to the National People's Congress, the top legislature, was quoted by Sunday's Workers' Daily as saying that ...

China's major commodity imports in October

the General Administration of Customs (GAC) on Monday released data of major commodities imported by China in October and the first ten months. Coal imports jumped 220 percent year-on-year to 11.1 million tons in October. For the first 10 months, China imported 96.87 million tons...

Revaluing yuan now would 'jeopardize' recovery: US expert

Nobel economics laureate Paul Krugman's recent push for a stronger Chinese currency "was wrong," and such a move currently does no good to the US and Chinese economies, a US expert said recently in an article on Forbes' website. Shaun Rein, founder and managing director of the ...

Lingering drought threatens SW China non-ferrous metal production

NANNING - Output by some non-ferrous metal producers in southwest China's drought-plagued Guangxi Zhuang autonomous region has plunged sharply and could stop altogether if the dry weather continues.In Nandan County, which boasts more than 11 million tons of verified non-ferrous ...

New planting methods maintain farm output in drought-hit Yunnan

TENGCHONG, Yunnan - Despite the worst drought in decades, a remote county in southwest China, on the Myanmar border, looks poised to maintain crop output this autumn thanks to the widespread use of water-saving techniques and more productive farming methods.The drought, which has ...

China's State firms donate to drought relief campaign

BEIJING- China's central State-owned enterprises (SOEs) have donated 19.5 million yuan ($2.86 million) to drought-hit southwestern regions for disaster relief.The sum comprised 10 million yuan allocated to Yunnan province, while the remainder was distributed to Guizhou and ...

Tibet's fifth civil airport to be operational in October

LHASA - The fifth civil airport in southwest China's Tibet autonomous region is expected to start operating in October, a local aviation official said Saturday.Construction of the Peace Airport in Xigaze prefecture began in April last year and would be completed in September, ...

Chinese children's hospital made no profit from using factory gas

CHENZHOU - Central China corruption investigators have named the children's hospital official who allegedly purchased industrial oxygen for medical procedures, and said the hospital made no profit from the illegal purchases.Jiang Zhi, director of integrated office of the Chenzhou ...

Latest World News

world

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 ...

market

finance

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 ...

company

industry

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 ...

trade

sports

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 ...
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