industry

Chinese Premier: restrictions on Chinese exports hurt foreign businesses in China From: Xinhua Premier Wen Jiabao said Sunday that restrictions on China s exports would hurt foreign businesses in China. Process trade accounts for half of China s massive trade volume, and exports ...
China's top 5 banks bad loans down in 2009 From: Xinhua The non-performing loan (NPL) rate of China s five major banks was down by one percentage point to 1.8 percent from the start of the year, the China Banking Regulatory Commission (CBRC) said Thursday. Non-performing loans ...
Premier Wen: China to increase imports, promote balanced trade From: Xinhua Chinese Premier Wen Jiabao said on Sunday China will strive to make balanced international payment and promote free trade, although protectionism worsens as the global financial crisis deepens. I am a ...
Zhou Xiaochuan: Growth of CPI in Line with Anticipation From: Xinhua Governor of the People s Bank of China Zhou Xiaochuan stated while having an interview with the reporter from China Securities Journal at the Great Hall of the People on March 11 that the Consumer Price Index ...
UK retailers see tougher times ahead From: Reuters Britain's top retailers expect trading to get tougher this year as taxes rise and public spending falls to bring down government debt, but are optimistic of coping after cutting costs and focusing on cheaper products. John Lewis, ...
Brazil retail sales accelerate in January, topping forecasts Brazilian retail sales rose by more than expected in January as domestic demand continued to drive Latin America's largest economy forward in 2010. January retail sales went up a seasonally adjusted 2.7% compared with ...
Digital mirror: fashion brands convey glamour online From: Reuters The traditional print advert in a glossy magazine is no longer the only way to communicate with the public and fashion houses are now reaching out to their consumers through websites, Facebook pages, Twitter ...
China s auto sales top 2.9m units in first two months From: China Daily The combined auto sales in January and February surged 84 percent from a year earlier to 2.9 million units, with February's figures alone reaching 1.2 million units, up 46 percent year-on-year, according to ...
China s urban fixed-asset investment up 26.6% in first two months From: Xinhua China s urban fixed assets investment leaped 26.6 percent year on year to 1.3 trillion yuan (190.3 billion U.S. dollars) in the first two months, highlighted by a prominent increase in property ...
China s Feb. inflation indexes rise as new loans fall by half From: China Daily China s inflation spurted to a 16-month high in February, adding to pressure on Beijing to prevent overheating and keep the recovery in the world s third-largest economy on track. China s consumer ...
IMF officer: China needs to boost consumption The Chinese consumer has been held back for too long, and now must be put front and center in China s growth model, said Anoop Singh, director of the International Monetary Fund s Asia and Pacific Department. According to an article ...
Overseas media focuses on China s electoral law amendments China s ongoing annual parliamentary plenary sessions has collected growing attention from overseas media and the draft amendments to electoral laws have topped their focus list. The centerpiece of the amendments seeks to ...
China expected to stimulate world travel economy in 2010 From: China Daily Although the financial crisis of 2009 greatly affected all sectors of the travel industry, the World Travel Trends report released on Wednesday in Berlin predicted a slight recovery from some regions, ...
China s Foreign Trade up 45.2 Pct in February From: Xinhua China s exports grew for the third straight month in February, up 45.7 percent year on year to 94.52 billion U.S. dollars, which indicated a rebound in global demand, the General Administration of Customs announced ...
China s export recovery adds pressure to pare stimulus measures From: China Daily China s exports rose more than forecast in February and posted a third straight gain, a rebound that adds to pressure on policy makers to pare back stimulus measures adopted during the global ...
China s housing prices hit new high in February From: Xinhua China s property market grew at the fastest pace in 20 months in February, with housing prices rising at a double digit rate, despite the government s cooling-down moves, according to data released Wednesday by the ...
Chinese lawmaker proposes single system to protect people s equal rights to vote A Chinese lawmaker proposed here Monday the establishment of a single system that includes all basic information about every individual, as China acted to amend its electoral law to protect people's ...
China, India join Copenhagen Accord, last major emitters to sign on China joined India on Tuesday in giving qualified approval to the Copenhagen climate accord calling for voluntary limits on greenhouse gas emissions. The official messages to the U.N. climate change secretariat ...
China to improve quality standards for food safety From: Xinhua China is making plans to upgrade its food safety system, stressing improved quality standards and strengthened supervision, according to a notice made public Monday at www.gov.cn. In late February, south China s ...
China says to let market decide future of yuan settlement China will let the market decide the future of yuan settlement in cross-border trade as it further removes obstacles at the administration level, a central bank vice governor said Tuesday. We support market rules, said Yi ...
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Bill Gates talks nuclear
Bill Gates talks nuclear
Microsoft co-founder Bill Gates confirmed on Wednesday that he is ...
China offers inspirations to global dilemmas
China offers inspirations to global dilemmas
BEIJING, Jan. 22 (Xinhua) -- Policies of China's new leadership in the ...
Merck to put $1.5b in R&D
Merck to put $1.5b in R&D
Merck Sharp & Dohme (MSD), the world's second-largest drug producer by ...
IMF chief warns of risks to recovery
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
China's farm product pricing plan shifts to market orientation
The Number One Document also proposed a new pricing plan for China's ...
Chinese investors look to overseas opportunities
Chinese investors look to overseas opportunities
SHANGHAI, Jan. 25 (Xinhua) -- China, the world's top manufacturer and ...
Retailer's Net Profit Falls 3%
Retailer's Net Profit Falls 3%
A Wal-Mart store is seen in Stratford, Connecticut, the United States. ...
Gaming Firms Find Going Tough
Gaming Firms Find Going Tough
Employees demonstrate Sony Ericsson Mobile Communications' Xperia Play ...
Boeing Wins Biggest Order of US$26b
Boeing Wins Biggest Order of US$26b
A formation of nine Royal Air Force Red Arrows Hawk aircraft fly ...
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 ...
Lucrative golf industry lures stiff competition
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
Li Na wins French Open women's singles title
History-making tennis legend Li Na notched the first-ever grand slam ...