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China to develop 13 solar power projects in western region

China to develop 13 solar power projects in western region From: China Daily China, the world's second-biggest energy user, plans to develop 13 solar power projects in the western region as part of a government aim to cut emissions and boost energy investment in the area. The ...

June was marked by uneven retail sales in U.S.

U.S. Retailers Weathered a Bumpy June Retail sales were choppy in June as consumers stuck to their thrifty ways. June is usually a month for clearing out merchandise, but many retailers this year seemed to go especially heavy on the discounts. Abercrombie & Fitch Co. sold some ...

Sales of home appliances to rural areas in the First-half of 2010 hit 67.8 bln Yuan

Sales of home appliances to rural areas in the First-half of 2010 hit 67.8 bln Yuan Sales of home appliance to rural areas in June totaled 5.931 million units, hitting 13.46 billion yuan, an increase of 1 time and 1.5 times year-on-year respectively. The top three in terms of ...

Analyst: Carrefour sale fits into broader strategy

Analyst: Carrefour sale fits into broader strategy Carrefour may sell its operations in Malaysia, Singapore and Thailand Carrefour s sale of its Malaysia, Singapore and Thailand operations fits into its broader strategy, according to analysts. The deal is possible as they are not ...

Sources: Retail giants are interested in Carrefour's Asian assets

Leading Retailers Eye Carrefour SE Asia Assets - Sources Leading supermarket chains are interested in the assets of French hypermarket Carrefour SA in Singapore, Thailand and Malaysia, two people with direct knowledge of the deal said Tuesday. It's the big boys that are ...

BRC: British shop prices were up 1.5% in June

U.K. s shop prices rise at slowest annual pace in 3 months U.K. shop prices increased in June at the slowest annual pace in three months as the effects of fluctuations in commodity and currency costs abated, the British Retail Consortium said. Prices of goods in stores rose 1.5 ...

China will not target huge forex reserves or long-term payment surplus, says official

China will not target huge forex reserves or long-term payment surplus, says official From: Xinhua China will not pursue hefty foreign exchange reserves nor, in the long run, will it target running an international payment surplus, China s currency regulator said last Friday. The ...

China s 2009 GDP growth revised up to 9.1% from previous 8.7%

China s 2009 GDP growth revised up to 9.1% from previous 8.7% China s gross domestic product (GDP) growth in 2009 was modified up to 9.1 percent from previous 8.7 percent, the National Bureau of Statistics (NBS) announced last Friday. The country s GDP hit 34.0507 trillion yuan ...

Senior Chinese leader urges auto industry to foster domestic brand

Senior Chinese leader urges auto industry to foster domestic brand From: Xinhua A senior Chinese Leader last Thursday urged the Chinese automobile industry to enhance indigenous technology while visiting an auto technology show. At the show of home-made and home-designed vehicles...

Financing remains difficult for China s SMEs as key index falls

Financing remains difficult for China s SMEs as key index falls From: Xinhua China s small- and medium-sized enterprises (SMEs) continue to be plagued by difficulty in having access to financing during the second quarter, according to a key index released last Thursday by the ...

China s CPI in June rose 2.9% from a year earlier

China s CPI in June rose 2.9% from a year earlier The National Bureau of Statistics (NBS) issued data at a press conference held by the Information Office of the State Council on July 15 that in the first half of this year, China s CPI rose 2.6% year-on-year, of which in June, ...

China s economy still on track despite Q2 growth slowdown

China s economy still on track despite Q2 growth slowdown Economic data Thursday confirmed market expectations China s economic growth rate has slowed but officials said the country's economy is still on track. The world s third largest economy expanded at a 10.3-percent year-on...

Morgan Stanley economist forecasts China's economy to expand over 10 pct in 2010

Morgan Stanley economist forecasts China s economy to expand over 10 pct in 2010 From: Xinhua Hong Kong-based Morgan Stanley s chief Asia economist, Wang Qing said he was relatively optimistic about China s economic outlook and the world s third largest economy was expected to ...

Premier Wen reassures foreign investors

Premier Wen reassures foreign investors From: China Daily Premier Wen Jiabao reassured foreign business leaders on Saturday that China s investment climate was stable and said Beijing would not block the export of rare metals needed to manufacture computers and mobile phones. He ...

One Retail Sector Defies Sluggish Economy

One Retail Sector Defies Sluggish Economy Shop.org and Forrester Research surveyed retailers about their gross online sales, and found that second-quarter Web sales were up about 15.1 percent from the same period a year ago, and nearly half of those who responded said their ...

Mobile retail is attractive to venture capitalist

Venture Capitalist s new frontier: where cellphones meet retailing Reid Hoffman, the Silicon Valley entrepreneur who put money early into hot start-ups like Facebook Inc. and online gaming company Zynga Game Network Inc., now has his eye on the intersection of mobile phones and ...

China's retail sales up 18.3 in Jun

China s retail sales up 18.3 in June China s retail sales were RMB 1.23 trillion in June this year, up 18.3% year on year, said the National Bureau of Statistics today. Total retail sales in urban areas rose 18.7% year on year to RMB 1.07 trillion last month, while retail sales ...

Central London retailers see surge in sales in June

Retailers in London surge ahead of regional rivals Retailers in central London delivered their strongest sales in June since the autumn of 2006, but lacklustre growth in the rest of the UK again reinforced the view of a two-tier sector. Underlying sales in the capital's shops ...

World Bank offers more loans to China for floods control, environment

World Bank offers more loans to China for floods control, environment The World Bank has approved loans totaling 260 million U.S. dollars to China for flood control and environmental improvement projects, the bank s China office said Thursday. The new loans came just one day ...

China has no new property tightening measures in Q3

China has no new property tightening measures in Q3 China has no plans to launch a new round of property market tightening, in the third quarter. A senior official with the Ministry of Housing and Urban-Rural Development made the remarks, refuting earlier media reports. The ...
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China offers inspirations to global dilemmas
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Merck to put $1.5b in R&D
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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
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Chinese investors look to overseas opportunities
Chinese investors look to overseas opportunities
SHANGHAI, Jan. 25 (Xinhua) -- China, the world's top manufacturer and ...

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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
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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 ...
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