P&G: Price hike 'last option'

2011-05-11 10:02:33

Procter & Gamble Co will not rule out the possibility of raising product prices even though the Chinese government has vowed to control soaring inflation.

BYD gets OK for Shenzhen share sale

2011-05-11 09:34:59

BYD Co Ltd, the Chinese carmaker backed by Warren Buffett, has won regulatory approval for a share sale on the Shenzhen Stock Exchange to fund its expansion in the world's biggest vehicle market.

Diamond Princess sails in Qingdao Port

2011-05-10 16:37:03

Diamond Princess, the world's 15th largest cruise ship, visited Qingdao on May 8, 2011.

China's April trade surplus stands at $11b

2011-05-10 13:27:14

China saw a trade surplus of $11.43 billion in April this year, according to figures released Tuesday by the General Administration of Customs.

Export control against China hurting US firms

2011-05-10 13:48:36

The American companies are losing business opportunities and market share in China because of the export control policy against China, said Chinese Commerce Minister Chen Deming on Monday in Washington.

CBRC stresses shadow banking risks

2011-05-10 13:36:28

China's banking regulator said Monday that it would step up supervision over loans granted by different institutions and strengthen prevention against risks in the shadow banking system since credit risks are "still severe."

Stronger yuan due to US dollar depreciation

2011-05-10 11:20:55

The appreciation of the yuan, China's currency, against the US dollar has mainly occurred because of a weaker dollar, experts said, warning that an influx of "hot money" could follow.

China's GDP to triple by 2030: BCG

2011-05-10 10:02:09

China's gross domestic product (GDP) is expected to triple to $17.7 trillion from the current $5.9 trillion by 2030, and growth must be built on sustained investment in the capabilities of individuals and teams.

Consumption set to rise

2011-05-10 09:03:24

China's domestic consumption may increase in April, in a rebound from the first quarter's slowdown, according to analysts.

Consumer confidence continues to rise in April
China's April CPI to stay above 5%: Survey

China continues anti-dumping on Neoprene

2011-05-10 09:33:36

The Chinese Ministry of Commerce (MOC) announced on Monday that it will continue to impose anti-dumping measures on chloroprene rubber imported from Japan, the United States and the European Union for another five years.

Current tax rate is too high, Chinese say

2011-05-10 09:22:02

China's recent proposals for the reform of the income tax system has prompted a nationwide debate about whether wage earners are paying too much to the government.
Tax threshold changes prompt record feedback