China News
Second economic census to be held
September 25,2008
China will carry out its second economic census between October and December, which will give the government a deeper insight into how the economy is impacted by the global financial turmoil.
China most 'attractive' destination for FDI
September 25,2008
China remains the most attractive destination for foreign direct investment (FDI) in the developing world despite the global financial crisis, says a UN report, released yesterday.
Bernanke: Fed to "act as needed" to support economic growth
September 25,2008
Dollar falls against major currencies
September 18,2008
The dollar fell against major currencies on Wednesday as U.S. stocks fell sharply and oil prices rebounded.
Asian markets decline on AIG bailout
September 18,2008
Asian financial stocks fell, countering gains by the region's chipmakers, as a US bailout
HP to cut 24,000 jobs on takeover costs
September 17,2008
HP plans to cut 7.5 percent of its work force, or 24,600 jobs, seeking to realize savings from its recent acquisition of Electronic Data Systems Corp, the company said on Monday.
U.S. Fed holds key interest rate steady at 2%
September 17,2008
Bertelsmann eyes opportunities
September 12,2008
Global media conglomerate Bertelsmann still sees China as an important growth market despite the closure of its book club business here, said Thomas Rabe, the firm's chief financial officer.
tourist boost
September 12,2008
China has become a global tourist attraction after the Beijing Olympics which concluded on Aug. 24, according to a survey released by the Nielson Company here on Thursday.
Report shows real price of growth
September 12,2008
The environmental cost of China's economic growth in 2005 outweighed the gains, the author of a report from the Chinese Academy of Sciences told China Daily yesterday.
Exports up on rebate talk
September 12,2008
Market rumors that the government is about to scrap the export tax rebate are behind a recent steel export surge, analysts said yesterday.
U.S. dollar rises as oil prices tumble
September 3,2008
The U.S. dollar rose against most major currencies on Tuesday as oil prices fell to its lowest level in five months.
