Goldman cuts China 2011, 2012 GDP growth forecasts
2011-05-24 13:59:16
Goldman Sachs has trimmed its economic growth forecasts for China to 9.4 percent this year, from 10 percent previously, citing a recent run of surprisingly weak data, high oil prices and supply constraints.
Putting the lid on inflation
2011-05-24 13:56:09
China's new round of inflation pressures is a combination of a variety of complicated internal and external, short-term and long-term factors.
Asian fund so near yet so far
2011-05-24 13:53:58
Asia has not forgotten the "Asian Monetary Fund" (AMF). In fact, the case for the AMF has been much strengthened by the difficulty in reforming the governance of the International Monetary Fund (IMF).
China product int'l wholesale mart introduced
2011-05-24 13:32:33
A function to introduce China product international wholesale mart to be established in Singapore was held here Monday, aimed at attracting Myanmar entrepreneurs' involvement in the business deal.
Unpaid workers recover wage with govt help
2011-05-24 13:30:02
China's labor department, the Ministry of Human Resources and Social Security, on Monday announced local labor authorities helped recover due wages and other benefits worth nearly 10 billion yuan ($1.5 billion) for workers last year.
Shanghai mayor vows to ensure food safety
2011-05-24 13:27:16
The Shanghai municipal government will take the "toughest measures" to crack down on illegal food production and ensure food safety, said Shanghai Mayor Han Zheng on Monday.
Chinese govt sends teams to assist in drought relief work
2011-05-24 13:25:32
The Chinese government on Monday sent special work teams to central Hunan and Hubei provinces to direct local drought relief work as the spring drought, the worst in the past 50 years, continued to plague the Yangtze River's downstream provinces.
HK's April new mortgage loans fall 12%
2011-05-24 13:22:32
The Hong Kong Monetary Authority announced on Monday new mortgage loans dropped 12.1 percent from March to HK$26.9 billion in April.
China promotes Canton trade fair in Kuwait
2011-05-24 13:19:41
Officials from China on Monday held a conference in Kuwait to promote the 110th session of the Canton trade fair, or the China import and export fair, slated for October in China's Guangdong province.
China probes 57 officials in food safety cases
2011-05-24 13:17:50
Chinese prosecutors have launched investigations on 57 government staff involved in food safety cases this year, the Supreme People's Procuratorate said on Monday.
China to spend more on water conservancy
2011-05-24 13:15:13
China's investment in water conservancy projects from 2011 to 2020 is expected to reach 4 trillion yuan ($615 billion), almost four times as much as that spent during the past 10 years, a senior water official said Monday.
China considering to expand ban on free plastic bags
2011-05-24 13:13:44
In an effort to cut plastic bag usage, China is considering to ban free plastic bags in places such as restaurants and hospitals, an official with the Ministry of Commerce (MOC) has said.