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China Hopes for Positive Outcome at Cancun Conference: China expects the ongoing UN climate change conference to produce balanced progress, especially on four core issues of mitigation, adaptation, financial support and technology transfer, the chief Chinese negotiator said Monday. "Cancun is an important stop in the international ...

China's ban on Australian rock lobsters hits hard exporters in numerous states: China has decided to temporary block the entry of rock lobsters from Australia on its market pending the outcome of the ongoing negotiations with the Australian government, which could lead to the establishment of a formal industry trade deal between the two countries. The ...

China's Monetary Policy key for Precious Metals: Puru Saxena: Puru Saxena is watching China closely these days. The founder of Hong-Kong based Puru Saxena Wealth Management said that China, a substantial user of commodities and natural resources, impacts the direction of precious and base metals prices. Well China is probably the second ...

China Stocks: Agricultural Bank, Huadian Power, Jiangxi Copper: The Shanghai Composite Index, which tracks the bigger of China's stock exchanges, fell 16.01, or 0.6 percent, to 2,855.69 as of 10:30 a.m. local time. The CSI 300 Index dropped 0.6 percent to 3,175.50. Commodity producers: Jiangxi Copper Co. (600362 CH), the top producer of the ...

China Said to Set Government Economic Policy Meeting Date for Dec. 10-12: China's government will hold an annual economic conference in Beijing late next week to set guidelines for monetary and fiscal policy in 2011, two people with knowledge of the matter said. Officials may discuss lending and inflation targets at the Dec. 10-12 meeting, one of the ...

U.S. economic policy food for thought in China: What do garlic, the Federal Reserve and your job have in common? Chinese leaders are complaining that the medicine the Federal Reserve is using to heal the U.S. job market is playing a major role in making food more expensive for Chinese consumers. Many commodity prices are ...

China seeks to calm fears about food price inflation: China's main economic planning agency has moved to reassure people who fear inflation is getting out of control. The National Development and Reform Commission (NDRC) said in a statement that the country had "the capacity" to keep prices in check. There is particular concern ...

Chinese yuan rises to new high against US dollar: During early Asian trading, the Chinese yuan rose to a new high of 6.6235 against the US dollar as the People's Bank of China set the yuan's central parity rate at a record high of 6.6936. The central parity rate for the dollar-yuan pair was up from Tuesday's 6.7051. The domestic ...

Beijing strives to improve health care for foreigners: BEIJING, Dec. 3 (Xinhua)--Foreigners who had joined the trend to explore their opportunities in China's capital Beijing increasingly found that seeking heath care at a hospital was an uncomfortable experience. Among others, their complaints included that few staffers at local ...

Official: Excessive liquidity fueled price hike: The rising consumer prices facing China this year was the result of excessive liquidity, rather than inadequate supply, an official from the country's top economic planner said Wednesday. CPI growth in the last three months of 2010 will remain high, but the growth rate might be ...

Costs to have a luxury product to surge by 30 percent in 2011: Price of luxury goods in China are expected to surge by 30 percent from the current level, a Legal Evening Newspaper report said Thursday. Ouyang Kun, head of the World Luxury Association Beijing Representative Office, said that the price hike was partly due to the raw material ...

Spike in prices rings alarm in China's vegetable industry: Shanghainese Wu Xiaoxia is in the habit of keeping a record of her daily expenses, including the money she spends on vegetables. According to her little tally book, prices have surged in the last few months. "Spinach price almost doubled to 10 yuan (about 1.5 U.S. dollars) per ...

Chinese people brainstorming to eat cheaper food: Citizens in Haikou city had never before been so keen about growing their own vegetables. But a close look into the green belt would betray their secret. Instead of rose and Chinese redbud, the plants being grown were eggplant, spring onion, radish, Chinese cabbage, and others. ...

China tightens quality control over traditional medicine amid price hike: China's drug watchdog Friday warned of increasing risks of malpractice in traditional medicine production as raw material prices have jumped in the past few months. The State Food and Drug Administration (SFDA) issued a circular to its local branches on Friday to tighten control ...

China to lead world in innovation by 2020: China is set to become the world's most important centre for innovation by 2020, overtaking both the United States and Japan, according to a public opinion survey to be published on Monday. China is already the world's second-largest economy, after establishing itself as the ...

Experts call for higher wages: Senior researchers have proposed measures for income distribution reform in China's 12th Five-Year Plan (2011-2015) to increase residents' income and narrow the nation's widening wealth gap. Su Hainan, an expert from the Ministry of Human Resources and Social Security, said the ...

PepsiCo to buy Wimm-Bill-Dann in eventual $5.4bn deal: PepsiCo has revealed its intention to buy 66 per cent of Wimm-Bill-Dann Foods for $3.8bn with plans to acquire the remaining shares following completion of the initial deal. Acquiring Wimm-Bill-Dann will allow PepsiCo to significantly expand its stake in the Russian market and ...

China Leads In Low Carbon Fisheries: CHINA - At a recent forum on carbon sequestration and low-carbon technology in fisheries, it was noted that China's lead in this field had made an important contribution to carbon dioxide emission reduction in China. As noted at the forum, China's fisheries have greatly ...

Spain: Low temperatures benefit fruit and vegetables in Murcia: The beginning of a cold storm and rain in the region of Murcia means something "very positive" for the farmers, since as ASAJA Murcia considers that "this atmospheric phenomena is very beneficial for the Winter cultivations, specially the fruit, cereals, almonds, vine, citrus and ...

ConAgra appoints VP and general manager at Spicetec: ConAgra Foods has appointed Mark A. Duffy as vice president and general manager of Spicetec Flavors & Seasoning-formerly the flavors and seasonings division of Gilroy Foods & Flavors, which ConAgra Foods sold in July. Duffy was previously president of the quality assurance ...

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IMF chief warns of risks to recovery: DAVOS, Switzerland, Jan. 25 (Xinhua) -- The International Monetary ...

China's farm product pricing plan shifts to market orientation: The Number One Document also proposed a new pricing plan for China's ...

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Retailer's Net Profit Falls 3%: A Wal-Mart store is seen in Stratford, Connecticut, the United States. ...

Gaming Firms Find Going Tough: Employees demonstrate Sony Ericsson Mobile Communications' Xperia Play ...

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Yao's gift of sport for all: Chinese NBA player Yao Ming teaches a boy with special needs how to ...

Lucrative golf industry lures stiff competition: Two models stand beside golf equipment and bags at a recent golf ...

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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