MANUFACTURING activities in China's state-owned enterprises continued to expand in January while the private sector reported shrinking activities, according to two separate surveys released today.
Their results, however, pointed to a stabilizing trend in the world's second-largest economy which remained a star performer last month amid slow economic growth worldwide, analysts said.
The offi
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Economy: Shanghai boosts innovation, restructuring
Posted by admin (#1) 6 days ago (http://www.mychinab2b.net)
Shanghai's development from a manufacturing base into a services center is a natural move for the cosmopolitan city, which has always harbored ambitions to rival New York and London as a global financial hub.
IMF cuts world growth forecast -- Shanghai Daily | 上海日报
Posted by admin (#1) 10 days ago (http://www.shanghaidaily.com)
THE eurozone debt crisis is escalating and dragging down the world economy, the International Monetary Fund said on Tuesday, as it sharply cut its outlook for global growth and called for policies to restore confidence.
The IMF chopped its 2012 forecast for global growth to 3.3 percent from 4 percent just three months ago, saying the outlook had deteriorated in most regions. It projected world
The IMF chopped its 2012 forecast for global growth to 3.3 percent from 4 percent just three months ago, saying the outlook had deteriorated in most regions. It projected world
China's industrial output is expected to grow 8 percent annually during the remainder of the 12th Five-Year Plan (2011-15) period, down from 11.7 percent in 2011, the State Council said in its first medium- to long-term industrial restructuring and upgrading plan on Wednesday.
The Ministry of Industry and Information Technology said the deceleration was a sign that the central government would
Reserve ratio for banks decreased | Markets | chinadaily.com.cn
Posted by admin (#1) 66 days ago (http://www.chinadaily.com.cn)
China's central bank lowered reserve requirements for commercial lenders for the first time since December 2008, a sign the country has started to ease its monetary stance as white-hot inflation is contained and economic uncertainties increase.
The central bank will reduce the ratio of money that banks have to set aside on deposit by 50 basis points among commercial lenders, effective on Dec 5
The central bank will reduce the ratio of money that banks have to set aside on deposit by 50 basis points among commercial lenders, effective on Dec 5
Time's right to raise power prices: experts
Posted by admin (#1) 82 days ago (http://www.chinadaily.com.cn)
As inflation slows, State can help plants to battle high cost of coal
BEIJING - Now is a good time to raise electricity prices to ease power plants' losses while China's inflationary pressure is easing, experts with the Energy Research Institute of the National Development and Reform Commission (NDRC) said on Monday.
The government has to confront the severe discrepancy between coal and pow
Eurozone debt deal welcomed| - chinadaily.com.cn
Posted by admin (#1) 100 days ago (http://www.chinadaily.com.cn)
China welcomed the deal on Thursday to tackle the eurozone debt crisis and expressed its willingness to help boost global economic recovery.
European leaders sealed a last-ditch agreement after days of negotiation. Their plan is to reduce Greece's debt by 50 percent and expand the European Financial Stability Facility (EFSF), the eurozone's bailout fund, to 1 trillion euros ($1.4 trillion) fro
European leaders sealed a last-ditch agreement after days of negotiation. Their plan is to reduce Greece's debt by 50 percent and expand the European Financial Stability Facility (EFSF), the eurozone's bailout fund, to 1 trillion euros ($1.4 trillion) fro
China's inflation eases to 6.1% in September -- Shanghai Daily
Posted by admin (#1) 114 days ago (http://www.shanghaidaily.com)
CHINA'S consumer price index (CPI), a main gauge of inflation, eased slightly to 6.1 percent year-on-year in September from 6.2 percent in August, the National Bureau of Statistics (NBS) said today.
On a monthly basis, consumer prices rose 0.5 percent in September, said the NBS in a statement at its website.
In the first nine months of this year, China's CPI climbed 5.7 percent from the sam
On a monthly basis, consumer prices rose 0.5 percent in September, said the NBS in a statement at its website.
In the first nine months of this year, China's CPI climbed 5.7 percent from the sam
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