China's Top Think Tank Proposes CPI Target Hike
China’s CPI is likely to peak in the third quarter this year, and decline from the fourth quarter until the first half of next year, while go up again since the third quarter in 2011.
China Runs Surplus Under Current, Capital & Financial Accounts in H1
The current account surplus stood at 126.5 billion U.S. dollars and the surplus of capital and financial account hit 90 billion U.S. dollars in the first six months this year.
Global Inflation to Occur in 2011: Bank of China
Emerging markets, especially, would see a substantial rise in inflationary pressure, which would make them further tighten monetary policy and strengthen the flexibility of exchange rate when necessary.
Kahn Denies Link Between IMF Quota Reform and Currency Rate
IMF Managing Director Kahn on Saturday denied any link between the quota reform of the fund and currency issue in emerging market.
The Renminbi Goes Forth
The large welfare losses due to the evaporation of the value of China’s foreign-exchange reserves will be borne by society as a whole – but not immediately.
CNOOC Wraps Deal with Chesapeake in Eagle Ford Shale
CNOOC agreed to buy one-third of Chesapeake Energy Corp's acreage in the Eagle Ford shale in South Texas for $1.08 billion in cash.
Sinohydro Group Invests CNY10 Bln in Iran Dam Project
Sinohydro Corportation is to invest 10.035 billion yuan in a dam project in Iran, following a Zahedan hydroelectric project this January.
IMF Kahn: World Economy Faces 4 Key Challenges
The world economy would face key challenges including the sovereign debt, jobless recovery, financial sector reform and global cooperation.
North Korean Confirms Kim Jong Un as New Leader
Kim Jong Un, the youngest son of the current leader Kim Jong Il was confirmed as the third-generation leader.
Currency War Looms Between China, Europe & US: CASS
The instability of the yuan will cause disasters not only to China, but also to the world.
Yi Gang: China to Advance Currency Exchange Rate Regime Reform
China is committed to moving toward a flexible exchange rate regime but there won’t be sharp yuan appreciation.
Soft Drinks Magnate Names as China's Richest Man
1,363 entrepreneurs are listed in this year’s Hurun Rich List with an average age of 51, of whom, 1,363 have more than 1 billion yuan in personal wealth.
U.S. House Passes Sanction Bills on Foreign Currency
The Currency Reform for Fair Trade Act, aiming to seek trade sanctions on its trade partners for allegedly manipulating their currency, is a new move of the nation’s rising protectionism.
ABD Predicts Chinese Economy to Grow 9.6Pct in 2010
Chinese economy to grow 9.6 percent this year and 9.1 percent in 2011, according to the Asian Development Bank report Tuesday.
Chinese Jailed Appliance Tycoon Loses Wars with Board
A widely held opinion from analysts highlights the importance of the voting under modern company law, not only for Gome,but also for the entire market.
HSBC China PMI Hit Five-Month High in September
HSBC China PMI rose by more than 3 points in September from July, indicating that Chinese manufacturing is regaining its vigor.
Disputed Island Tests Chinese Diplomacy
Territorial dispute is not only a matter concerning with sovereignty, but also a diplomatic issue. Talks over the disputed Diaoyu Islands would be the best policy for both countries while testing China’s wisdom in diplomacy.
Japan Wants China to Pay for Damage in Boat Collision
Japan said it would ask China to pay for damage made to Japan Coast Guard vessels when a Chinese fishing boat collided with them off the water near Diaoyu Island.
Chinese Industrial Companies Post 55Pct Increase in Net Profit
Large-scale industrial companies in China have posted a 55 percent year-on-year increase in net profit during the January ~ August period this year.
China's GDB to Issue 50Bln Yuan Sub Debt in 2010
The 50 billion yuan sub debt issuance is part of its management planning for the year 2010-2012, aiming to replenish capital and push forward the process of its planned listing on a stock exchange.
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