Chinese economy expands 9.7% in Q1

2011-04-15 10:10:35

Chinese economy expanded 9.7 percent in first quarter of 2011, while the consumer price index rose 5.4 percent in March from a year ago, down 0.2 percent from February. Inflation hits 32-month high
China Economy by Numbers - February issue

Imported goods trade set to rise

2011-04-15 09:22:46

China's imports are expected to get a boost during the 109th China Import and Export Fair, the country's largest trade exposition.

PBOC drains 83b yuan from money market

2011-04-15 09:18:58

The People's Bank of China (PBOC), the central bank, took 83 billion yuan ($12.7 billion) of liquidity out of the money market this week through its open market operations as it steps up efforts to tighten excess liquidity amid concerns about rising inflation

Inflation battle set to redouble

2011-04-15 09:08:57

China's bank lending and money supply accelerated at a faster-than-expected pace in March. That's exacerbating policymakers' concerns about excess liquidity in the world's second-largest economy, where inflation is expected to accelerate at its fastest pace since 2008.

China forex reserves hit $3t by end of March

2011-04-14 16:38:36

China's foreign exchange reserves hit $3.04 trillion by the end of March, an increase of 24.4 percent year on year, China's central bank said on Thursday.

China' new loans stand at 2.24t yuan in Q1

2011-04-14 16:38:05

The People's Bank of China (PBOC), the country's central bank, said Thursday that new yuan-denominated loans stood at 2.24 trillion yuan ($342.83 billion) in the first quarter of 2011.

Asia's largest yacht show opens in Shanghai

2011-04-14 15:52:30

The 16th China International Boat Show 2011, Asia's largest yacht show, began April 14, 2011, in Shanghai, and around 300 yachts gathered at the marine and in-door exhibit areas.

Canton Fair expects fewer overseas buyers

2011-04-14 15:29:26

The world's largest trade fair, which is set to open Friday for its first session of 2011 in southern Chinese city of Guangzhou, is expected to have less overseas buyers than the last session due to the north African unrest, Japanese earthquake and global inflation, organizers said Thursday.

Ministry puts brake on nation's fast trains

2011-04-14 14:06:28

China's high-speed railways will run at a slower speed than previously expected, according to the newly appointed railways minister.

Alibaba books in for e-reading

2011-04-14 10:29:12

The Chinese e-commerce giant Alibaba Group plans to expand in the e-reading market and may even launch its own e-readers eventually, according to the company.

China studies $13b investment in Spain banks

2011-04-14 09:54:23

Chinese investors including the country's sovereign wealth fund may inject $13 billion into Spanish banks, a government source said on Wednesday after Spain's premier met financial authorities in Beijing.

Imports from emerging markets surge

2011-04-14 09:39:56

China's imports from emerging countries, especially South Africa and Brazil, grew dramatically in the first quarter of the year. Analysts said China's trading ties with other BRICS countries will continue to grow because of the country's rising demand, but warned that trade among the bloc also faces uncertainty.