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  • Aerospace firm AVIC in Fortune rank list

    China's aerospace and defense corporation, AVIC, has nudged into Fortune's Global 500 list for the first time....

  • German wholesaler to open new stores in China

    BEIJING, July 10 (Xinhua) -- German self-service wholesaler Metro Cash Carry plans to open four new wholesale stores this year in China, said Friday's China Daily. The new stores would be in east China's Kunshan, Changshu, Cixiand Hangzhou....

  • China's January fiscal revenue down 17.1%

    Special Report: Global Financial Crisis Yao Jian, spokesman of Ministry of Commerce of China, takes questions at a press conference in Beijing, China, Feb. 16, 2009. The press conference held Monday was mainly about China's domestic market...

  • Guangdong GDP set to grow 8.5%

    Guangdong province, the country's top economic powerhouse, is forecasting 8.5 percent GDP growth this year, a draft government report said yesterday. The report is yet to be discussed by delegates to the provincial people's congress, which...

  • HK enjoys favorable factors to turn crises

    Hong Kong enjoys favorable factors to turn crises into opportunities, despite the downturn of its economy resulting from the financial tsunami, a senior central government official said here Wednesday. For Hong Kong, the basis for a stable...

  • Wheat crops wither in China but hope survives

    China's grain prices are soaring as the worst dry spell in 50 years heightens fears of a poor harvest. Wheat prices surged in the past two weeks in the wake of crop damage. Wheat for March delivery at Zhengzhou Commodity Exchange (ZCE) peak...

  • China's CPI up 1% in January

    China's consumer price index (CPI), a major gauge of inflation, rose by 1 percent in January over the same month last year, the National Bureau of Statistics announced Tuesday. The rise was 0.2 percentage points lower than the previous mont...

  • China says no to trade protectionism to fight crisis

    As the Buy America provision raises alarms against trade protectionism among state leaders and economists, China on Monday said no to a similar plan that bans foreign products in domestic stimulus projects. We won't practice 'Buy China', sa...

  • Many tools for policy

    Chinese central bank governor Zhou Xiaochuan said Sunday that the nation doesn't need to rely only on interest rates as a monetary-policy tool. We will choose tools according to our economic situation, Zhou told Bloomberg News in Kuala Lump...

  • Official: China not to practice "Buy China"

    China won't resort to trade protectionism with a plan similar to the Buy America provision that bans foreign products in domestic stimulus projects, said a Ministry of Commerce (MOC) official here Monday. We won't practice 'Buy China', said...

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