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Frustrated by the market's performance over the past eight months, Chinese investors may take solace - and a bit of advice - from the session of the National People's Congress just ended.
China's efforts of switching economic growth pattern would help to make an overall more stable world economy, said John Hawksworth, head of macroeconomics of PriceWaterhouseCoopers (PwC), one of the world's four largest accounting firms.
The weekly NYMEX oil chart shows an uptrend that has paused but this has not developed into a downtrend. The pause is defined by an up-sloping wide trading channel. The chart has several bullish features and they suggest markets are moving towards higher oil prices.
For China watchers who have been keen to know the role China will play in the international arena, they should not miss two explicit messages from Premier Wen Jiabao during his meeting with the press yesterday.
The World Consumer Rights Day that we observe together today is more than a day of action to address growing consumer grievances.
In the world of economics and finance, revolutions occur rarely and are often detected only in hindsight. But what happened on Feb 19 can safely be called the end of an era in global finance.
China's new loans last month, nearly half of the figure reported in January, indicated the country's policies to balance loan growth have taken effect, economists said Tuesday.
Yang Ziqiang, head of the People's Bank of China's Jinan bureau, said the hefty rise is because the Lunar New Year holiday fell in February this year, but in January last year.
There are Americans saying they are afraid that China may get ahead in new energy competition. There are Chinese saying they are convinced that "a great number" of their own new energy projects are just for show, not really productive.
As home prices continue to climb, the government faces more pressure to stabilize the market. Two critics debate the relevance of the government's property tax.
To set up a fair distribution system the government has to take a series of coordinated actions, not just raise the common man's salary, says a Xinhua article. Excerpts:
The faster-than-expected rise in consumer prices urges the central bank to enact more tightening measures that could help cool the rise.
