Freight charges are the focus for steelmakers
2011-02-10 10:06:33
The focus of iron ore negotiations between Chinese steelmakers and global iron ore producers this year will shift to freight price stabilization, to keep steelmakers' costs low, the Economic Observer Newspaper reported.
'Golden Week' sees big rise in spending
2011-02-10 09:45:34
China's holiday spending surged by 19 percent year-on-year during the seven-day Spring Festival "golden week", giving fresh support for the country's measures to boost domestic demand, analysts said on Wednesday.
IBM to build Asia's largest cloud storage center
2011-02-09 17:10:16
IBM announced in January that it would build Asia's largest cloud storage center in China through a partnership with local entities, eWeek.com reported.
Spring Festival tourism booms in China
2011-02-09 13:16:59
China's tourism authorities announced on Tuesday that tourism boomed in the country during the seven-day Lunar New Year holiday with over 70 percent of trips made within the Chinese mainland.
HK to provide yuan IPOs this year
2011-02-09 10:38:19
Yuan-denominated initial public offerings (IPO) are expected to be launched in Hong Kong this year for the first time as the city attempts to boost its role as the offshore yuan settlement center.
China's yuan rises to new high Wednesday
2011-02-09 10:28:51
The Chinese currency, or the yuan, rose 10 basis points from previous trading day to a fresh high of 6.585 against the US dollar Wednesday, according to the China Foreign Exchange Trading System.
Real estate sales strong in Hainan
2011-02-09 09:56:20
Property sales and prices in Hainan, China's first international tourism island, rebounded during the city's tourist high season, with investors increasingly looking for opportunities in the commercial sector.
Private enterprise exports skyrocket
2011-02-09 09:46:33
Private Chinese enterprises exported goods worth $481.3 billion in 2010, a jump of 223 percent compared with 2005, said a report by the All-China Federation of Industry & Commerce (ACFIC).
Drill pipe faces stiff antidumping duties in US
2011-02-09 09:40:14
Chinese exporters' drill pipe for oil production will face antidumping and countervailing duties as high as 430 percent after the United States International Trade Commission (ITC) agreed on Monday.
China has no yen for Japanese bonds
2011-02-09 10:32:02
China sold a net 177.3 billion yen ($2.15 billion) of Japanese bonds in December, capping the biggest yearly decrease since at least 2005, after the yen and benchmark government debt fell in November.
Nuclear power sector target too 'aggressive', says expert
2011-02-09 09:29:28
An "over-aggressive" target for the nuclear power industry by 2020 may harm the sector's healthy development, an industry expert from the National Development and Reform Commission's (NDRC) think tank cautioned.
Jan manufacturing growth slows
2011-02-01 17:01:48
Growth in China's manufacturing sector slowed in January amid the government's efforts to cool price pressures, a key index released Tuesday showed.