|
Chinese shipbuilders almost doubled production in the first five months of the year with output surging 94 percent year-on-year to 23.65 million deadweight tonnages, the Ministry of Industry and Information Technology (MIIT) said Thursday.
China has boosted its holdings of United States Treasury debt for the second straight month as total foreign holdings of US debt increased.
The amount of foreign direct investment (FDI) into China in May rose by 27.48 percent year-on-year to $8.13 billion.
China's currency is probably overvalued, not undervalued as Washington complains, a state-run Chinese newspaper said on Thursday.
China's new regulations that require IT vendors engaged in supplying the government to disclose details of encryption technologies have raised eyebrows in some foreign firms.
Wage increases in a number of the country's labor-intensive industries will be good for employment in the long term, a senior official said. Labor woes may spur further automation moves at home
The property boom in China isn't a bubble because it is supported by "solid" demand for residential housing, according to Stephen Roach, chairman of Morgan Stanley Asia Ltd. Pricey property in Shenzhen keeps skilled workers away
China may see "severe" employment losses next year as millions of temporary jobs end with the completion of projects under the government's 4 trillion yuan ($585 billion) stimulus package, according to China International Capital Corp.
Analysts warned that high housing prices in Shenzhen would discourage highly skilled staff from working in Shenzhen.
HSBC Holdings will grow in profit and size in China as the powerhouse economy further opens up its capital markets and fuels growth, the group's chairman told Reuters in an interview on Wednesday.
Agricultural Bank of China (ABC) seeking to raise more than $23 billion in what would be the world's biggest initial public offering, said it will launch the Shanghai portion of its IPO this week.
Authorities will restrict energy supply in areas with excessive increases in energy usage and high energy-consuming industries, said a high-ranking official with the National Development and Reform Commission (NDRC), the country's top economic planning body.
US power producer AES Corp (AES) has agreed to pay 333.2 million yuan ($48.8 million) to buy a stake in a Chinese hydropower company to expand its portfolio in the world's fastest growing energy market.
China's new regulations that require IT vendors engaged in supplying the government to disclose details of encryption technologies have raised eyebrows in some foreign firms.
ZTE Corporation (ZTE), a China- based leading global provider of telecommunications equipment and network solutions, announced here on Wednesday that it has made progress in collaborating with Telekom Malaysia to participate as one of the major suppliers to construct a national high speed broadband (HSBB) network in Malaysia.
Representatives of US fast-food chain KFC in northeast China's Shenyang city Thursday signed the company's first collective labor contract on the Chinese mainland, agreeing to raise workers' wages and meeting the demands of a local trade union.
Two Chinese dairy producers, Mengniu and Yili, entered the world's top-20 dairy ranking last year, according to an annual report released on Wednesday.
Russia may add the Australian and Canadian dollars to its international reserves for the first time after fluctuations in the US dollar and euro.
Mongolia's plan to privatize its state-owned assets will allow international investors access to some of the world's largest untapped mineral resources through initial public share sales, most likely in Hong Kong.
By the end of 2011, all drivers in Beijing will be able to replace their environmental passes every six years instead of annually, thanks to Radio-frequency identification (RFID) technology.
China's Ministry of Commerce (MOC) said Sunday it will extend the auto replacement subsidy from May 31 to Dec 31.
The chances of a Greek-style debt crisis unfolding in China appears remote in spite of the burgeoning local debt, but risks from the surge will test the nation's financial health over the next few years, experts said on Wednesday.
Name | Value | Change | Time |
Shanghai | 2,560.24 | -0.38% | Thur |
Shenzhen | 10,162.36 | -0.75% | Thur |
HSI | 20,098.65 | +0.18% | Thur |
NIKKEI | 9,999.40 | -0.67% | Thur |
Dow | 10,409.46 | +0.05% | Wed |
Nasdaq | 2,305.93 | +0.00% | Wed |