China's Homegrown Coal to Lose Favor

China's domestically made coal may lose its competitive advantage to imported coal by 2015, prompting Chinese companies to step up purchases of foreign coal, according to a report by Wood Mackenzie, a research and consulting more ...

China Surprises with Dec Trade Surplus Growth

China's trade surplus unexpectedly widened to $16.52 billion in December after import growth hit a two-year low, defying forecasts that the trade surplus would narrow, customs figures show. Exports were up 13.4% year on year more ...

No big economic moves expected from conference

MARKET-ORIENTED reforms on currency exchange and interest rates are projected to be the key topics of discussion during the two-day National Financial Work Conference that wraps up today.But economists said they were not more ...

State-owned factories in return to expansion

MANUFACTURING activities in China's large state-owned factories returned to expansion in December but analysts say more easing policies are needed.The official Purchasing Managers' Index, a gauge of manufacturing activities more ...

China's central bank stresses prudent monetary policy for 2012

CHINA'S central bank said today it will continue the prudent monetary policy and maintain the continuity and stability of its policies.The People's Bank of China will give full play to the counter-cyclical function of more ...

Key index gains for 1st time in a week

The yuan rose to a record high against the US dollar yesterday, a reversal from a declining trend this month, which traders said could be the result of the central bank's intervention.The People's Bank of China fixed the more ...

Key index gains for 1st time in a week

    The yuan rose to a record high against the US dollar yesterday, a reversal from a declining trend this month, which traders said could be the result of the central bank's intervention. The People's Bank of more ...

Reversal of dollar trend as yuan hits record high

The yuan rose to a record high against the US dollar yesterday, a reversal from a declining trend this month, which traders said could be the result of the central bank's intervention. The People's Bank of China fixed the more ...

The report of ICCCI Annual Ordinary General Forum

ICCCI Annual Ordinary General Forum was held in Laleh Hotel on 10, Dec., 2011.ICCCI has held 3 periods of the forum since its establishment and this forum is the forth one that board members and inspector will be elected but more ...

Decline in orders slows China's manufacturers

CHINA'S manufacturing activities contracted for the first time in almost three years last month due to dismal external demand, rising production costs and strict limits on money available for small firms.The official Purchasing more ...