Forex hike suggests influx of 'hot money'

2011-07-13 09:17:20

China's foreign exchange reserves rose by a faster-than-expected 30.3 percent year-on-year by the end of June to reach $3.2 trillion, a possible indicator of an increasing inflow of "hot money", analysts said.

Vehicle sales on road to recovery

2011-07-08 09:08:03

Domestic sales of vehicles grew 5.3 percent in the year to July, after stalling in April and May.

Interest rates rise once again

2011-07-07 08:55:17

The central bank announced on Wednesday that it will increase interest rates, for the third time this year, by 25 basis points. The new rates take effect on Thursday.Timeline of monetary moves since 2010
China's inflation expected to stabilize in H2

Chinese go abroad for bargains

2011-07-05 09:13:23

The Chinese are coming - with cash and credit cards in hand.

Micro-blogging? You would have to be nuts not to do it!

2011-06-27 09:42:34

When Liu Shuwei wrote a post on her micro blog to help a remote village sell walnuts and raise money to build a road before they're harvested in October, she didn't expect all the produce to be snapped up within one month.

Gold rush as sales surge predicted

2011-06-24 09:26:00

Gold's luster is continuing to attract rising domestic demand and China will continue to "outperform" other countries in private consumption of the precious metal, with sales growth remaining above 20 percent over the next two years, an industry expert said.

Inflation hits 3-year high on food costs

2011-06-14 10:53:19

China's inflation rebounded in May to its highest level in nearly three years, at 5.5 percent.

Industry faces rising power cost

2011-05-31 09:14:41

Electricity prices for industrial use will be raised in 15 regions to combat power shortages.

Citizens feel inflation biting hard

2011-05-12 09:13:42

To many city dwellers in China, inflation is not just a set of official figures. Rising prices of food and daily necessities are having an effect on the wallets of the Chinese.

ODI set to overtake FDI 'within three years'

2011-05-06 10:11:59

With an annual growth rate of "20 to 30 percent", outbound direct investment (ODI) will overtake foreign direct investment (FDI) "within three years", a senior Ministry of Commerce official said.

2010 a very charitable year: Report

2011-04-27 11:05:39

The country's top think tank said on Tuesday that donations hit 70 billion yuan ($10.7 billion) last year, more than double the year before.

China's B2B e-commerce Q1 revenue hits 2.9b yuan

2011-04-21 11:11:15

China's business-to-business (B2B) trade revenue rose to 2.9 billion yuan ($444 million) in the first quarter. That's 7.7 percent more than the previous quarter's 2.7 billion in revenue and up 40.9 percent from one year earlier.

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