Economics & Trade

BHP matches rivals' price increase

In response to protests by Chinese steelmakers against its proposed 100% increase in iron-ore prices,

Tax revenue growth worrisome

China's State Administration of Taxation said it collected RMB756bn (US$91.4bn) in the first quarter,

February FDI down

China's foreign direct investment (FDI) declined 7% year-on-year in February, to US$3.9bn, according t

China records trade surplus

Surging textile exports contributed to China's trade surplus in March, which registered US$5.73bn, ver

PICC, Sumitomo joint venture approved

China approved plans by PICC Holding Co, owner of China's biggest general insurer, to set up a majorit

US law threatens sanctions

Less than two days after the US Senate voted to warn China it could face a 27.5% tariff on its US expo

Chinese textiles face EU limits

The EU said it would impose emergency quotas on Chinese textile imports if their volume increased betw

China won't curb apparel exports

China said it does not plan to take additional steps to rein in its apparel exports in response to mov

When markets fail, bonds have to do

The State Council cleared 26 firms, including China National Petroleum Corp (CNPC) and Datang Power Co

No rush on revaluing yuan

Signaling China was in no rush to revalue the yuan, People's Bank of China Vice Governor Wu Xiaoling s

BBC brings its hot seat to Shanghai

BBC-TV brought its popular debating show <i>Question Time</i> to Shanghai last month, corralling a lively panel that included Liu Jianchao, Chinese foreign ministry spokesperson; China's chief WTO negotiator Long Yongtu; David Tang of fashion label Shanghai Tang fame; Chris Patten, Hong Kong's last governor before its return to China in 1997 - and Isabel Hilton, writer, broadcaster, but most notably for debating purposes, an outspoken critic of China's policy on Tibet.

Steel story bends a bit

If it's not one thing, it's another for China's over-populated steel sector - although by foreign standards, the sector is doing more than all right.

Contrarian view

Stanford economist says yuan-dollar peg must stay

China syndrome

When the dragon breathes fire, the ore just melts out of Australia

A taxi driver speaks

I was in Lanzhou city over a weekend, and went for a walk on a Sunday morning grey with smog.

Aiming for eight

Premier Wen Jiabao told deputies at the Third Session of the 10th National People's Congress (NPC) that China is targeting 8% GDP growth for 2005.

The overcapacity thing

At Harvard recently, GM China Chairman Phil Murtaugh called talk of overcapacity in China's auto industry "overblown."

GDP growth to slow: PBOC

China's central bank said the country's economic growth will likely slow to 8.9% in 2005, state media

PBOC: No syncronized hikes

Reacting to the US Federal Reserve's recent federal funds rate increase to 2.75%, People's Bank of Chi

Warning on credit controls

In a speech at Beijing's Tsinghua University, Ma Kai, the minister in charge of China's National Devel

Hitachi spins off R&D

Hitachi said it would establish a research and development company in Beijing as a spinoff of its Hita

Arcelor plans more Chinese acquisitions

European steel giant Arcelor SA is reportedly seeking stakes in the mid-sized, state-owned Qingdao Iro

Dell plans second plant to double capacity

Dell Inc.

Central bank cautions inflation, rebound in fixed asset investment

China's central bank said it would continue its monetary policy targeting a 15% broad money supply gro

Chinese textile makers seek WTO redress

Following moves by the European Commission to impose five-year tariffs of up to 49.7% on Chinese polye

Intel plans factory in China

Intel Corp said it plans to invest up to US$450m to build a test and assembly plant in Chengdu in Sich

Yahoo! to raise China stakes

US-based Internet portal operator Yahoo!

US to monitor textiles imports

Following a 29% gain in US imports of Chinese textiles and apparel in January after the global quota e

China's economy to grow 8% annually: think tank

China's economy is projected to grow at an average annual 8% from 2006 to 2010, before slowing to abou

Rice says China should address trade imbalances

US Secretary of State Condoleezza Rice called on Beijing to address the "structural imbalances" in tra

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