Inflation in food prices slows
2011-02-15 10:45:03
A rise in the price of most food items included in a government-monitored list slowed between Feb 1 and 10, according to data released by the National Bureau of Statistics on Monday.
Passenger vehicle sales continue to rise
2011-02-15 09:33:07
Passenger vehicle sales in China continued to surge in January, registering a 15 percent increase over the same month last year. Analysts said that strong demand in the second- and third-tier cities has offset stagnant sales in big cities because of the policy limitations.
Mainland IPOs not allowed for HK-listed startups
2011-02-15 10:35:44
Chinese companies listed on the startup board in Hong Kong must transfer to the main board before they can apply for a listing on the mainland's stock exchanges, Reuters reported on Tuesday, citing Chinese media.
McDonald's may raise prices in China
2011-02-15 09:49:27
McDonald's Corp, the world's largest restaurant company, may raise prices at its China outlets in the second half of the year, said Tim Fenton, president for Asia, the Middle East and Africa.
Pilot to float interest rates starts at CMB
2011-02-15 09:43:40
Chinese banking authorities have started a pilot program at China Merchants Bank (CMB) to liberalize its deposit rates as the nation accelerates its step to float interest rates, a source familiar with the matter told China Daily.
Yuan appreciation won't help solve US problems
2011-02-15 10:18:21
The real problem is that the US doesn't save, says Morgan Stanley Asia's Non-Executive Chairman Stephen Roach, who supported the US Treasury Department's decision not to label China a "currency manipulator".
China may raise RRR, interest rates further
2011-02-15 09:58:20
China is prepared to further increase interest rates and banks' required reserve ratios (RRR) in 2011, Reuters reproted Tuesday, citing a report published by government think-tank.
US, China should address currency issue 'cooperatively'
2011-02-15 09:39:48
The United States and China should address their currency issue "cooperatively," says the director of the US National Economic Council.
New yuan-denominated lending stood at 1.04t in Jan
2011-02-15 14:41:22
The People's Bank of China (PBOC), the country's central bank, said Tuesday that new yuan-denominated loans stood at 1.04 trillion yuan ($157.7 billion) in January.
China's Jan CPI up 4.9%; PPI up 6.6%
2011-02-15 10:38:21
China's inflation accelerated in January on surging food prices, adding pressure for the government to tackle escalating inflation amid the nation's spreading winter drought. New loans stood at 1.04t yuan
Shanghai GM to recall 2,800 imported cars
2011-02-15 09:20:30
Shanghai General Motors Co will recall 2,806 imported Cadillac CTS vehicles in China to repair faulty track bars to prevent safety risks, China's quality watchdog said on Monday.
Caution as economy overtakes Japan's
2011-02-15 09:18:24
China still has a long way to go to improve its economy, despite formally overtaking Japan as the world's second largest economy, experts said.