china

As government policies aimed at cooling the country's overheated real estate market begin to take effect, analysts worry that stagnation or even a decline in home prices would cause local governments' revenue from land sales to shrink, the China Securities Journal reported ...
China should raise benchmark deposit rates as a defensive move to stabilise inflation expectations, a central bank adviser said in comments published on Wednesday. More worrisome than the 2.8 percent rise in consumer prices in the year to April was the 0.2 percent month-on-month ...
URUMQI - Turpan, a small town on the Silk Road in northwest China that became prosperous as a trade hub nearly 2,000 years ago, is earning renown for another reason today.In accordance with the plans of the National Development and Reform Commission, and the National Energy ...
Nearly 40 housing complexes in Shanghai have seen price cuts since the start of April, data show, with Greenland Group cutting prices at five projects, taking them as low as levels seen late last year, while Poly Real Estate Group has also cut prices at one of its projects. ...
BEIJING: China's foreign exchange regulator will enhance its monitoring of cross-border capital flows to reduce risk, it said Thursday. The regulator will keep a close watch on the economic and financial situation home and abroad this year, the State Administration of Foreign ...
BEIJING - China is not at risk of a double slump although it is a possibility in high-income countries, Justin Yifu Lin, chief economist of the World Bank (WB), said on Thursday. He was speaking in response to speculation that the world's third-largest economy would suffer a hard ...
The national tax authority is vowing to strengthen its collection procedure of personal income tax to catch evading high-salary foreign residents. In particular, the authority plans to tighten up checks on individual incomes earned by foreigners in the Chinese mainland but paid ...
QINGDAO - Robust growth of the private sector has made it China's major new jobs provider, contributing 90 percent of new positions, Minister of State Administration for Industry and Commerce Zhou Bohua said on Thursday. At the end of the first quarter, private firms employed ...
BEIJING: The Chinese mainland and Taiwan have decided to hold their third round of expert-level talks on Sunday, to pave the way for a long-awaited economic and trade pact that is expected to boost cross-Strait trade. Experts from both sides will discuss the framework and the ...
BEIJING: China's central bank has signed a bilateral currency swap agreement totaling 3.5 billion yuan ($513 million) with the Central Bank of Iceland. The agreement has a three-year maturity and can be extended if both sides agree, according to the statement posted on the People...
ZHENGZHOU: The resettlement of more than 64,900 residents began Thursday in central China's Henan province to make way for a massive project that will divert water to arid north China. The resettlement was expected to take three months, said Wang Shushan, head of Henan's south...
BEIJING: The State Council, China's cabinet, approved guidelines Wednesday that protect, restore and ensure the sustainable use of forests for the 2010-2020 period. Participants at the State Council meeting, chaired by Premier Wen Jiabao, reviewed and approved the guidelines for ...
China's inflation rate, export growth and bank loans exceeded economists' forecasts in May, Reuters reported, spurring an rally in stocks by showing no evidence Europe's debt crisis is impairing the Chinese expansion. Consumer prices rose 3.1 percent from a year earlier, exports ...
SHENZHEN - The minimum wage in Shenzhen City in south China's Guangdong Province will increase by ten percent to 1,100 yuan per month ($161.04) in July from 1,000 yuan, municipal authorities said Wednesday. Part-time employees will see their hourly wage grow to 9.8 yuan, said ...
A financial report by the Chinese Academy of Social Sciences predicted that by 2012 local governments' debt service ratio may hit 26.6 percent and won't fall below 20 percent before 2014, the Shanghai Securities News reported. A local government's debt service ratio refers to the ...
China's National Bureau of Statistics (NBS) will reform the standards in compiling statistics for urban and rural personal incomes, in a bid to better reflect the income gap between cities and villages, the 21st Century Business Herald reported on Wednesday. The new norm will ...
JAKARTA: Indonesian officials have met with China's construction and electrical firms in Shanghai, offering them to involve in billions of dollars worth of infrastructure projects aimed to solve the bottlenecking of economic growth in the Southeast Asia's largest economy, a media ...
BEIJING: The sixth Cross-Strait Economic, Trade and Culture Forum will be held in south China's Guangdong province from July 8 to 11, Yang Yi, spokesman for the Taiwan Affairs Office of the State Council, said Tuesday. The forum will focus on cooperation in new industries and ...
Miners say cut will stimulate domestic iron ore consumption BEIJING - The government is studying a proposal to reduce the tax on domestic iron ore resources in order to stimulate domestic suppliers and reduce dependence on costly imports, a top official from the China Mining ...
BEIJING - The deepening debt crisis in Europe that has sparked fresh fears after reports of a potential debt crisis in Hungary, will only have limited impact on exports from China, especially if the European authorities are able to prevent the contagion, top economists said on ...
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 ...