China

Economy

China to increase flexibility of RMB exchange rate

2011-03-14 11:32

Premier Wen Jiabao said that China would continue to gradually increase the flexibility of its exchange rate while taking into consideration the pressure on enterprises and employment which is important to social stability.

Agricultural group seeks more overseas expansion

2011-03-14 08:06

Heilongjiang Beidahuang Nongken Group, the country's largest agricultural company, plans to expand its overseas business.

2.6 trillion yuan for Beibu Gulf economic zone

2011-03-14 05:51

The Beibu Gulf Economic Zone in south China's Guangxi Zhuang Autonomous Region would receive a total investment of 2.6 trillion yuan (about 393.9 billion U.S. dollars) over the next five years for growth, a senior local official said here Sunday.

WTO reverses US trade measures against China

2011-03-12 21:22

The World Trade Organization's appellate body has largely reversed a previous panel ruling on China-US trade and supports China in its complaint against American anti-dumping measures imposed on four sets of Chinese exports.

Currency breakthrough within 5 years

2011-03-12 06:52

China will achieve a major breakthrough in full convertibility of the yuan over the next five years...

February inflation exceeded estimates

2011-03-12 06:49

China's inflation index exceeded expectations in February because of high food prices.
Interest rate key to tame inflation

Exchange rate policy not major tool to tame inflation

2011-03-11 13:17

China will continue to push forward the yuan's exchange rate reform in a self-initiated, controllable and gradual manner and enhance the flexibility of the exchange rate.
China Feb CPI up 4.9% PPI up 7.2%
No timetable for yuan's full convertibility