China manufacturing PMI remains flat: HSBC
2011-04-01 17:39:55
The China manufacturing Purchasing Managers Index (PMI), an indicator of the economic performance of the manufacturing sector, remained almost flat at 51.8 in March from 51.7 in February, according to a report released by the HSBC Friday.
E-bike show kicks off in Tianjin
2011-04-01 16:16:34
The 11th China North Int’l Bicycle & E-bike Exhibition kicked off in Tianjin on March 31, 2011.
Reserve currency status has long-term costs
2011-04-01 15:09:43
Issuing a global reserve currency gives countries some benefits in the short term, but this special status may harm their long-term economic development, China's central bank chief said in a statement on Friday.
EU backs first anti-subsidy duties on China
2011-04-01 11:17:23
European Union governments on Thursday endorsed a five-year import tariff worth up to 39.1 percent on imports of glossy paper from China, the EU's first challenge against Chinese state subsidies, an industry source said.
Police capture fake Apple gang
2011-04-01 10:49:35
Police said on Thursday that they have broken a gang of six people who sold fake iPhone4s, iPads and other electronic products worth more than 5 million yuan ($764,000).
Cities miss home price deadline
2011-04-01 10:35:11
Only roughly one-eighth of Chinese cities revealed their property price-growth targets on Thursday - the deadline set by the central government. However, industry analysts said a move such as targets is unlikely to curb property price growth.
China's March PMI of manufacturing sector rises
2011-04-01 10:27:46
The Purchasing Managers Index (PMI) of China's manufacturing sector rose to 53.4 percent in March, the China Federation of Logistics and Purchasing (CFLP) said Friday.
Acer replaces CEO after weak outlook triggers selloff
2011-04-01 10:22:33
Taiwan's Acer, the world's No 2 PC vendor, replaced its chief executive in a surprise move on Thursday, barely a week after it gave a downbeat outlook that wiped more than $1 billion off its market value in four days
No link between yuan convertibility and SDR: Central bank
2011-04-01 10:15:00
A vice-head of China's central bank disputed on Thursday a link between the convertibility of the yuan and its inclusion in the basket that forms the Special Drawing Right, or SDR.
China to raise renewable power tariffs within 2 years
2011-04-01 10:11:42
China plans to raise the price of power generated from renewable sources over the next two years in order to stimulate clean energy investment, China's electricity regulator said on Thursday.
China's outstanding external debt nears $549b last year
2011-04-01 09:45:02
China's outstanding external debt amounted to $548.9 billion at the end of 2010, the country's foreign exchange regulator said Thursday.
Google-linked firms in tax fraud probe
2011-04-01 09:38:47
Three companies linked to the Internet search giant Google have been investigated for alleged tax fraud in China, Economic Daily reported on Thursday, citing sources with China's taxation authorities.