China has no need to revalue its yuan currency for trade reasons, as export growth will slow to a still strong 10 percent this year and its surplus is set to contract by 2015, its trade chief said on Friday.
China faces great pressure in securing its food supply in the next five years due to accelerating domestic demand, a senior official was quoted as saying in local media on Saturday.
Symbolizing the beauty and majesty of Chinese imperial power, the Metropolitan Museum of Art is showcasing an exhibition of objects that once adorned an exclusive compound in the Forbidden City.
Two of the most significant risks that could affect the world in the next 10 years - given their high degrees of impact and interconnectedness - are economic disparity and global governance failures, according to a survey seeking the opinion of hundreds of experts, business leaders and policy makers.
Among the millions crowding China's railways stations and airports in the annual Lunar New Year trek home are many workers who won't be coming back to their jobs in the workshop of the world.
China will ramp up conventional fuel imports and production to power its economy in 2011 despite accelerating efforts to develop clean, renewable and alternative energy.
Yunnan Copper Industry (Group), China's third-biggest producer by capacity, added 100,000 tonnes of annual refining capacity this week in Guangdong province.
China is making a progress in balancing its trade position as companies target domestic consumers, and its trade surplus will fall to $150 billion this year, China's central bank adviser said.
Among the millions crowding China's railways stations and airports in the annual Lunar New Year trek home are many workers who won't be coming back to their jobs in the workshop of the world.
A Mauri, Hawaii-based man has been sentenced to 32 years in prison for passing on classified national defense information to China, besides committing other offenses such as money laundering and filing false tax returns.
Gold Bullion prices failed to rally from last night's tumble in Asian and London trade on Friday, extending the month's sharp losses and hitting to four-month lows in the US Dollar and six-month lows against the Swiss Franc and commodity currency Aussie and Canadian Dollars.
The China Gold Association estimates... that the demand for gold in the first half of the year will rise by 15 percent year on year, citing growing demand for alternative investments and protection against inflation, said Commerzbank in a note.
Poverty and unemployment reared their heads at the World Economic Forum on Thursday, with speakers urging the elite audience to bridge a growing gap between booming multinationals and the jobless poor.
CEO Bill Watkins wants to build a $100 million next-generation LED light factory near his Silicon Valley-area headquarters, but China wants the 2,000 jobs he hopes to create.
China will carefully open up its yuan to more trading based on market needs and plans to double its level of imports in five years, its commerce minister said on Thursday, as the country liberalizes its economy, now the world's second largest.
China aims to double its level of imports in five years, its commerce minister said on Thursday, forecasting that U.S. exports to China would double
to $200 billion over the same period.
Milestones in the progress of Chinese women's tennis after Li Na reached the final of the Australian Open on Thursday:
Susilo Bambang Yudhoyono, President of Indonesia, set out his vision for “sustainable and balanced” growth in the 21st Century, at Davos world economic forum.
China's annual inflation will probably top 6 percent around the middle of 2011 before losing steam in the second half of the year, the Bank of Communications said on Thursday.
China wants to import more to solve its trade imbalances instead of parking windfall revenues in U.S. and euro zone government bonds, the chairman of China's largest lender said on Thursday.
Global powers seeking to ensure Iran does not develop nuclear weapons are still hoping for a response from Tehran to a fuel swap proposal seen as a step towards ending the persistent standoff, Russia said on Thursday.
African economic growth is heading back to pre-crisis growth levels, propelled by strong demand for its resources and increased South-South investment, notably from China.