Tag: China

Monday, January 2nd 2012 - 21:56 UTC
Chinese New Year helps spur manufacturers’ optimism

China has seen an improvement in a key measure of manufacturing, boosting optimism that steady economic growth will continue into 2012. The purchasing managers' index rose to 50.3 in December from 49 in November, the statistical office said. A reading of more than 50 shows expansion.
Wednesday, December 28th 2011 - 03:25 UTC
US calls for appreciation of the Yuan but falls short of labelling China a currency manipulator

United States announced it will press for further appreciation of the Yuan arguing the currency is undervalued, while declining to brand China a manipulator of its exchange rate.
Monday, December 26th 2011 - 11:19 UTC
China and Argentina ratify crossed support for Taiwan and Falklands’ claims

China ratified support for Argentina’s sovereignty claim over the Falkland Islands. The message was delivered last week by Chinese President Hu Jintao's special envoy Jiang Shusheng and vice chairman of the Standing Committee of the National People's Congress and is part of the reciprocal policy in support of Taiwan as a province of China.
Saturday, December 17th 2011 - 03:40 UTC
Satellite picture of China’s first aircraft carrier in sea trials

A commercial US satellite company says it has managed to take a picture of China's first aircraft carrier during its sea trials in the Yellow Sea. If confirmed, it would be the first known photo of the former Soviet vessel recently refitted by Beijing.
Thursday, December 15th 2011 - 00:50 UTC
China imposes punitive duties on large cars exported from US

China will impose punitive duties of up to 22% on large cars and SUVs exported from the United States, China's Commerce Ministry said on Wednesday, the latest in a series of trade disputes between the world's two largest economies.
Wednesday, December 14th 2011 - 18:05 UTC
China questions safety of Brazil’s dry bulk carriers, the world’s largest

China should be in no rush to allow Brazil’s new Valemax ships, the world's largest dry bulk carriers, into its ports, as they have not been thoroughly tested and any oil leak from one could be catastrophic, an influential Chinese industry group warned on Tuesday.
Wednesday, December 14th 2011 - 17:26 UTC
Korea invites China and Japan to help reduce illegal fishing in the Yellow Sea

South Korea will try to reach an agreement with Japan and China to help reduce illegal fishing in its waters following the death of a South Korean Coast Guard this week during a fight with Chinese fishermen who were caught red-handed operating in the Yellow Sea.
Monday, December 12th 2011 - 20:33 UTC
China securities commission exposes biggest-ever case of stocks’ manipulation

China Security Regulatory Commission exposed its biggest-ever case of stock market manipulation in a show of strength by the new securities regulator, who has vowed to crack down on rampant illegal trading.
Monday, December 12th 2011 - 04:45 UTC
Chinese President Hu Jintao special envoy meets with new Argentina authorities

Argentina's new Vice President and Speaker of the Senate Amado Boudou met on Friday with Chinese President Hu Jintao's special envoy Jiang Shusheng to further promote bilateral relations.
Monday, December 12th 2011 - 00:06 UTC
China admits ‘severe challenges’ to exports because of EU and US slowdown

China faces “severe challenges” to its exports due to economic difficulties in key Western markets, the country's commerce ministry has warned. Data has shown a sharp slowdown in export growth in November, the ministry said.