Economics & Trade

Trade surplus hits six-year high

China recorded its largest monthly trade surplus in nearly a decade in December, US$11.1bn.

Warning over population growth

China's National Statistics Bureau warned that the country's population was continuing to expand beyon

HSBC sees rate rise, no RMB change

An HSBC senior China economist said he expected China to announce another interest rate hike in 2005,

Harbin looks to India

Harbin in northwestern China has launched what it describes as China's first ever "Indian Street", the

US trade visit focuses on piracy

Outgoing US Commerce Secretary Don Evans begins a visit to China Tuesday, marking his last days in off

China-EU trade up 35%

China's trade with the European Union soared to record levels in 2004, hitting US$159.3bn in the first

World Bank official warns over hurdles

A World Bank official warned that China's economic development was threatened by its growing reliance

Insurance sector sees fast growth

China's insurance industry saw rapid growth in 2004, with premiums up 11.3% on 2003, to US$52bn, and t

Netcom set for US$1bn PCCW stake

China Netcom appeared set to pay around US$1bn for a 20% stake in Hong Kong phone company PCCW Ltd., s

Chinese Royal Mile riles Scots

A controversy has erupted in Scotland over the use of Chinese granite for street repairs to Edinburgh'

Record output for Baosteel in '04

Shanghai Baosteel Group Corp., China's largest steel company, reported record output of 21.23m tons of

Changhong TV plans takeover of US distributor

One of China's biggest television manufacturers, Sichuan Changhong, was reportedly planning a takeover

HK retains freest economy title

Hong Kong held on to its position as the world's freest economy for the 11th year running, according t

PBOC eyes 15% growth in money supply

The People's Bank of China is targeting money-supply growth of 15% in 2005, officials said at the end

China Southern airline buy-up approved

Guangzhou-based China Southern Airlines announced that its independent shareholders had approved a RMB

Budget break

Pact boosts mainland-Macau flights

Up in the air

China 'close to first A380 deal'

IPOs unfrozen, finally

Market forces come to the market.

Battle of the Pacific

As China and Taiwan engage in diplomatic fisticuffs in the Pacific, the supermarkets have never been busier, a correspondent writes from the Marshall Islands.

The real news

Buying high-priced oil assets is one thing. Buying a chunk of IBM is something else.

Betting on the inevitable

After which the question becomes, what happens when it happens?

Who tied the bell to the tiger?

Sino-Japanese relations are close to their lowest point since formal ties between Tokyo and Beijing were reestablished in the 1970s.

Traffic assistants

Chinese New Year holiday approaches - and if the season lives up to tradition, road traffic accidents should spike.

Tsunami relief effort

As death estimates climbed to 125,000 and accusations flew over America's "stingy" US$35m initial comm

Bangladesh sees India, not China, as competitive threat

The Bangladesh Knitwear Manufacturers and Exporters Association said the country would see a 50% gain

Beijing's mooted metal export levies confirmed

China will impose a 5% tax on aluminum exports from January 1, Reuters reported, quoting an official a

EU gets set to block China textiles

The European Union is preparing to block mainland textile imports by reducing paperwork local producer

Boeing order from traditional Airbus customer

China Eastern Airlines will buy six Boeing 737-700 aircraft for US$240m, according to Shanghai Securit

Economic growth of 8.6% in '05; inflation set at under 4%

China set a target for gross domestic product (GDP) growth of 8.6% for next year, state media said, ci

Christmas trade slows

Agence France-Presse, quoting customs data, said China exported Christmas products worth US$1.6bn in 2


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