china

BEIJING - China's trade balance turned red in March, the country's first monthly trade deficit in six years, the General Administration of Customs (GAC) said here Saturday. China exported $112.11 billion of goods and services in March, up 24.3 percent year on year, while the ...
BEIJING - China discovered 3.52 billion tonnes of proven iron ore reserves in 2009, the Ministry of Land and Resources said in a report released on its Web site Friday. That was among the 398 medium- to large-sized mineral deposits newly discovered in 2009, an almost 10-year high...
BEIJING - Residential land prices in 35 major Chinese cities grew 8.63 percent on average in 2009, a Ministry of Land and Resources report published Friday said. Land prices for commercial buildings grew at a slower rate, 5.54 percent, while industrial land prices rose 2.04 ...
BEIJING - Huaneng Power International, China's largest power producer, said Wednesday its net profits in the first quarter of 2010 surged 40.9 percent from the same period last year. Net profits hit 952.82 million yuan ($139.57 million) on the back of a 38.73 percent year-on-year ...
BEIJING - Chinese are more willing to spend money amid the waning of the global economic downturn, as indicated by the latest reading of an index that gauges consumer confidence Friday. The Bankcard Consumer Confidence Index, a barometer compiled by Xinhua News Agency and China ...
BEIJING - China, the world's second-biggest corn grower, sold all of the grain offered in the second series of weekly auctions held in major producing regions, indicating tightening domestic supply, analysts said. Traders purchased 800,787 tons of the grain from temporary ...
Land prices in second- and third-tier cities such as Haikou, Zhongshan and Kunming surged more than 10 percent in the first three months from the last quarter of 2009, the National Business Daily reported Wednesday, citing statistics from China Land Surveying and Planning ...
BEIJING: Chinese mainlanders made 1.212 million tourist visits to Taiwan since the island lifted a ban on mainland tourists in June 2008, the mainland-based Cross-Strait Tourism Exchange Association (CTEA) said in a statement Tuesday. The first group of mainland tourists arrived ...
BEIJING: China's largest gold miner Zijin Mining Group Co said Tuesday its first quarter net profit rose 40 percent year on year to 1.28 billion yuan ($180 million). Revenue rose 27.4 percent to 6.31 billion yuan and earnings per share hit 0.088 yuan, a rise of 39.68 percent from ...
HONG KONG: China's demand for oil rose 12.8 percent in March as the Chinese economy returned to rapid growth and refining capacity expanded, according to a report Tuesday. Apparent oil demand rose to 8.12 million barrels per day over the year ago March according to an analysis of ...
BEIJING - Chinese Land and Resources Minister Xu Shaoshi said Tuesday new land allocated for development rose 67 percent year on year in the first quarter to 1 million mu (66,667 hectares). About 39.2 percent of the total supply was earmarked for residential property development, ...
BEIJING - The assets held by China's banking industry totaled 84.3 trillion yuan ($12.4 trillion) by the end of March, up 21.3 percent year-on-year, the country's banking regulator said Tuesday on its website. In a breakdown, assets of the State-owned merchant banks, the joint ...
BEIJING - China Merchants Securities Co Ltd, a major Chinese securities firm, Tuesday announced a net profit surge of 84.48 percent year-on-year in 2009 driven by economic rebound in the country. Special Coverage:2009 Annual Reports of Listed Companies Earnings per share stood at ...
Half of the luxury-goods consumption in China was generated from the need for gift giving, China Economic Weekly reported Tuesday, citing a study conducted by consulting firm McKinsey & Co. China's luxury-goods market saw a 12 percent increase in 2009, to reach $9.6 billion, ...
BEIJING: China Minsheng Banking Corp Ltd (CMBC), a major Chinese lender, Tuesday announced a net profit surge last year, on the back of rapid asset growth and business expansion. The net profit of the Beijing-based bank surged 53.4 percent year on year to 12.1 billion yuan ($1.77 ...
BEIJING - China continued to run a surplus both under current account as well as capital and financial accounts last year, the State Administration of Foreign Exchange (SAFE) said Monday. The surplus under current account totaled $297.1 billion, down 32 percent year on year, and ...
The total market value of 65 companies listed in the ChiNext, China's start-up board for small and medium-sized enterprises, lost more than 30 billion yuan ($4.39 billion) last week, the Beijing Business reported on Monday. Statistics showed that the total market value of the ...
BEIJING - Shandong Nanshan Aluminum Co, China's major aluminum producer, said it achieved profit growth in 2009, even as others in the industry posted losses amid the global economic downturn. Net profit rose 14 percent year on year to 715 million yuan ($105 million) on revenue ...
BEIJING - China Pacific Insurance (Group) Co Ltd (CPIC) on April 18 said its 2009 net profit surged by 186.3 percent year-on-year, fueled by strong earnings in insurance and better assets management. Net profit hit 7.36 billion yuan ($1.08 billion) in 2009 on revenue of 104.31 ...
Beijingers spent an average of 66 yuan per meal per person at restaurants in the first three months of the year, an increase of 20 percent over the same period last year, a report by a popular restaurant review website has shown. The report, released by Dianping.com, also said e...
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 ...