Tag: China

• Tuesday, March 8th 2011 - 22:39 UTC

  China admits “labour surplus” of 32 million, 14 million of which college graduates

  

  China, normally contrary to releasing unemployment figures, has admitted to having a “labour surplus” of 32 million workers, according to Human Resources and Social Security minister Yin Weimin.

• Saturday, March 5th 2011 - 06:55 UTC

  Chinese congress targets social stability; admits inflation and corruption

  

  China must ensure social stability by reducing inflation and corruption, Premier Wen Jiabao has told the parliament's annual session. Mr Wen has been addressing about 3,000 delegates to open the National People's Congress in the Great Hall of the People in Beijing.

• Saturday, March 5th 2011 - 06:34 UTC

  Global construction to outpace GDP growth in next 10 years with China and India leading

  

  Global construction will outpace GDP growth over the next 10 years, with China and India accounting for 38% of the 4.8 trillion US dollars increase in output by 2020, PricewaterhouseCoopers (PwC) said this week.

• Friday, March 4th 2011 - 05:59 UTC

  Geithner argues growth in China, India, Brazil are boosting US exports

  

  Rapid growth of emerging economies like China, India and Brazil is boosting the American exports, US Treasury Secretary Timothy Geithner has said.

• Friday, March 4th 2011 - 05:56 UTC

  China ready to implement lower tariffs to boost imports

  

  China will reduce import tariffs on a range of products and further cut red tape involved in import application procedures, to “maintain balanced trade” according to statements from a senior official to a local newspaper.

• Tuesday, March 1st 2011 - 00:07 UTC

  China lowers annual economic growth target from 7.5% to 7%

  

  China's Prime Minister Wen Jiabao says China is lowering its annual economic growth target from 7.5% to 7% and is determined to contain soaring prices. He was speaking in a question and answer session with internet users in what has become an annual online chat. Mr Wen said China needed to ensure that growth was sustainable.

• Sunday, February 27th 2011 - 23:14 UTC

  China plans to build 45 new airports in the next five years

  

  China plans to build at least 45 new airports in the next five years to serve booming travel, the top industry regulator said last week.

• Saturday, February 26th 2011 - 05:43 UTC

  China became in 2010 Chile’s biggest provider for consumable goods

  

  Chilean Central Bank data this week confirmed ha China is now the biggest provider of consumable goods to the country. In 2006, the main providers of consumable goods to Chile were the US, Argentina and Brazil.

• Friday, February 25th 2011 - 06:33 UTC

  China will participate in Brazil’s next oil and gas bidding round

  

  China's Sinopec Corp said it planned to participate in Brazil's next oil and gas bidding rounds, which should be resumed after the passage of a reform of the country's oil law expected this year.

• Tuesday, February 22nd 2011 - 00:03 UTC

  China raised fuel prices for the second time in three months

  

  China has raised fuel prices for the second time in three months as it looks to offset a jump in global crude costs. However, the move has raised questions over government attempts to slow inflation.