WB projects 2012 China growth at 8.4%

2011-11-22 14:15:26

The World Bank on Tuesday projected a growth of 9.1 percent for China in 2011, followed by a slower growth of 8.4 percent in 2012.

Let China's culture industry blossom

2011-11-22 13:58:25

The Shenzhen-based Overseas Chinese Town Group (OCT) - known for its successful "tourism plus real estate" business model - has a new target, and is reorienting itself as a comprehensive manager of modern service industries, the secretary of the board reported recently.

Broadband costs should follow int'l practices

2011-11-22 13:55:10

One of China's top telecommunication experts said, in a recent comment on the monopoly held by the country's two broadband access providers, that they need to get their prices in line with international standards and cut them by 30-50 percent annually.

Brunei energy deals inked

2011-11-22 13:51:08

A number of energy agreements were signed on Monday as Premier Wen Jiabao wrapped up his visit to Brunei, the first by a Chinese premier to the Southeast Asian nation.

Investment promotion pact with Canada near

2011-11-22 11:09:53

The long-stalled negotiation of a foreign investment promotion and protection agreement (FIPA) between China and Canada is expected to be rounded off "very soon", which will significantly boost their trade, officials from both countries say.

China's economy may cool, hard landing ruled out

2011-11-22 10:15:08

China's economic expansion may further slow down amid heightening strain in debt-ridden Europe and lingering concerns over the US economy, but the country is not going to have a hard landing -- at least not soon.

UK needs to win export orders in developing economies

2011-11-22 10:07:40

Only 2 percent of the UK's total exports from 2000 to 2010 went to China, according to a report released on Monday that claims Britain needs to reorient its exports toward emerging economies.

Key meeting focuses on trade issues

2011-11-22 09:51:56

China's major concerns, including US export controls, were not addressed by the US government despite real commitments by Beijing on intellectual property rights (IPR) protection, experts said.

Putting more emphasis on imports

2011-11-22 09:38:12

After China's entry into the WTO, the biggest world factory is on the way to become one of the largest world markets.

China to continue crackdown on hot money: SAFE

2011-11-22 09:11:18

China's top foreign exchange regulator said on Monday that China will continue to crack down on the influx of hot money as a result of complicated economic conditions at home and abroad.

'Unbalanced recovery better than balanced recession'

2011-11-21 17:16:21

Vice Premier Wang Qishan said on Monday that an unbalanced recovery would be better than a balanced recession, in light of the current condition of the global economy.

Dagong assigns A+ rating to Czech

2011-11-21 17:11:41

Dagong Global Credit Rating Co., Ltd., China's domestic rating agency, decided on Monday to assign an A+ rating to the Czech Republic's local and foreign currency sovereign credit, with a stable outlook.