- 71 SOEs Still Remain Operation in Property
Only seven SOEs have sold their stake in less than 20 property firms after the government ordered 78 SOEs with no core businesses in the real estate industry to hand in a withdrawal proposal in March.
- FAO Warns Food Crisis on Prices Hike
World food imports will exceed 1 trillion U.S. dollars on surging commodity prices, the highest since the 2007/2008 food crisis, the FAO said.
- China May Surpass U.S. by 2020: Standard Chartered
China’s comparatively faster expansion, together with an expected 25 percent appreciation of the yuan, should be enough for its nominal gross domestic product to exceed that of the United States by the end of the decade.