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Housing price data reform to take effect

2010-12-24 Potential buyers examine a residential property development model at a housing fair in Shanghai. China is reforming its housing price statistics system. [Photo / Bloomberg] Accuracy plan will bring statistics more in line with public perception BEIJING - The reform ...

Efforts ease produce's path to marketplace

People choosing vegetables at a supermarket in Ningbo, Zhejiang province. China is stepping up efforts to simplify the means of bringing agricultural products to the marketplace to reduce costs and address rising inflation. [Photo / China Daily]

Increased salaries can't fight inflation

2010-12-28 According to analysts, rising inflation will continue to erode gains made in income growth. [Photo / China Daily] BEIJING - Average salaries in major business sectors of China will continue to rise next year but the optimism is dampened by rising inflation, said a ...

Bibby Financial gung-ho on apparel manufacturing

2011-1-7 Bibby Financial Services announced it has successfully worked with one of Southern California's largest vertically integrated apparel and fabric manufacturers to provide a $2 million factoring facility for two of its companies. One business offers a full spectrum of ...

Reserve requirements raised to tame inflation

A vegetable stall at a Carrefour store in Guiyang, capital of Guizhou province. The central bank announced on Friday it is raising the reserve requirement ratio for banks to tame inflation, partially driven by rising food prices. [Photo/China Daily]

Wenzhou merchants see gain on horizon

2011-2-9 They turn strong yuan to advantage by making European acquisitions SHANGHAI - Squeezed by the appreciating yuan and rising wages, factory owners in Wenzhou of Zhejiang province are looking overseas to find higher returns for their fortunes amassed by exporting a range of ...

Consumers try to make the most of their money

Customers choose fruits at a Wu-Mart supermarket in Beijing on Tuesday. Facing rising prices, consumers have developed ways to reduce spending. [Photo / China Daily]

China's Jan CPI up 4.9%; PPI up 6.6%

China's PPI up 6.6% in Jan

US will lose business if export controls remain in place

2011-1-27 GE China employees sit in the company's booth at an international expo in Beijing in 2009. [Photo / China Daily] BEIJING - The United States will probably allow huge business opportunities to go to European Union (EU) countries and Japan if it refuses to rescind ...

China stocks close mixed Friday

2011-2-26 An investor walks past a screenboard in a stock exchange in Hangzhou, capital of east China's Zhejiang Province, Feb. 25, 2011. Chinese shares closed mixed Friday with the benchmark Shanghai Composite Index fell 0.04 points, close to zero percent, to end at 2,878.57, ...

China unloads more US debt holdings

2011-2-17 An employee counts renminbi and US dollar notes at an Industrial and Commercial Bank of China's branch in Huaibei, Anhui province. China has vowed to diversify its $2.85 trillion foreign-exchange reserves portfolio to counter risks. [Photo / China Daily] Analysts ...

Machinery exports growth seen slowing

2011-2-26 Dealers discuss oil drilling equipment at an exhibition in Beijing. The growth of China's machinery exports is expected to slow in the coming years. [Photo / China Daily] Yuan appreciation and rising costs will result in lower sales overseas BEIJING - The growth rate of ...

Inflation may peak in second quarter

2011-3-2 Vendors sell vegetables at a produce market in Beijing. According to a research report, prices of China s agricultural products were likely to rise. SHANGHAI - China's annual consumer price index (CPI) may reach 4.5 percent in the first quarter and peak this year in the ...

China's PMI drops to 6-month low in February

2011-3-2 BEIJING - China's manufacturing sector purchasing managers index (PMI) fell to a six-month low of 52.2 percent in February, compared with 52.9 percent in January, the China Federation of Logistics and Purchasing (CFLP) said Tuesday. The index has now slid three months in ...

Imports to get boost from cuts

2011-3-8 Chinese tourists check out Louis Vuitton handbags at the Harrods store in London in February. Harrods has accepted China UnionPay bankcards since Feb 3 because of the large number of Chinese shoppers seeking luxury goods. [Photo / Provided to China Daily] BEIJING - ...

Growth still sought, but by new means

2011-3-11 GUANGZHOU - Deemed to be the largest provincial-level economy in China in the past 22 years, Guangdong has set its annual economic growth goal at about 8 percent for the next five years, which is slightly higher than the national average though lower than the goals in ...

Adviser: Inflation to hit 5%

2011-3-11 A clothing store in Shenzhen, Guangdong province. China's consumer inflation could hit 5 percent on average this year, said Li Daokui, a central bank adviser. [Photo / China Daily] The surge in commodity costs could derail the fight against price rises, said adviser ...

February inflation exceeded estimates

2011-3-12 CPI came in at 4.9 percent, because of a strong rise in the price of food BEIJING - China's inflation index exceeded expectations in February because of high food prices. Economists expect it to continue climbing in the coming months. Expectations for the month ranged ...

China's Feb fiscal revenue surges 41.5%

2011-3-15 BEIJING - China's fiscal revenue jumped 41.5 percent year-on-year in February to 699.7 billion yuan ($106.5 billion), the Ministry of Finance (MOF) said Monday. Of the February fiscal revenue, the central government collected 375.53 billion yuan, up 50.8 percent from ...
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