Tag: China

Friday, December 24th 2010 - 07:37 UTC
China defends soaring economic and trade relations with Africa

China has defended its economic and trade relations with African nations. In the first policy paper on the subject, Beijing said China-Africa co-operation helped Africa to reach the UN Millennium Development Goals, and boosted common prosperity and progress.
Saturday, December 18th 2010 - 19:03 UTC
China targeting economic growth of 8% and 4% inflation for 2011

The Chinese government is targeting economic growth of around 8% and inflation of around 4% next year, state television reported this week, citing Zhang Ping, the head of the National Development and Reform Commission.
Friday, December 17th 2010 - 07:01 UTC
Asia’s emerging giants move closer; agree trade goal of 100 billion USD by 2015

India and China agreed to raise the bilateral trade to 100 billion US dollars by 2015, step up investments and permit banks of other countries to open branches and representative offices.
Thursday, December 16th 2010 - 23:59 UTC
China and Argentina sign Tax information exchange agreement

China and Argentina signed a Tax Information Exchange Agreement (TIEA) in order to improve transparency in the two countries’ bilateral trade and investment.
Thursday, December 16th 2010 - 18:28 UTC
Argentina’s top businessman warns about inflation and Chinese investments

Argentina’s most influential businessman warned about the “inflationary escalade” which, if not contained can lead to an unfavourable climate for investments. Paolo Rocca, Techint group CEO made the statements during an entrepreneurs’ forum where he called for “business responsibility”, “clear rules of the game”, “transparency” and questioned the landing of Chinese oil corporations in Argentina.
Friday, December 10th 2010 - 18:32 UTC
IMF evaluates the spill-over impact of China’s growth for the rest of the world

Economic data suggest that a 1 percentage point increase in China’s growth rate sustained over five years means an extra 0.4 percentage point of growth for the rest of the world, two experts at the International Monetary Fund said after studying figures for the past two decades.
Wednesday, December 8th 2010 - 17:14 UTC
China creates and awards “Confucius Peace Prize” ahead of Oslo’s ceremony

A newly formed Chinese organization says it will award its own peace prize on Thursday, a day before the Nobel Peace Prize is awarded in Norway to imprisoned Chinese dissident Liu Xiaobo.
Wednesday, December 8th 2010 - 17:11 UTC
US dollar to strengthen, but US fiscal health worse than Europe’s warns China

The U.S. dollar will be a safe investment for the next six to 12 months because global markets are focused on the Euro zone's troubles but the US fiscal health is worse than Europe's, an adviser to the Chinese central bank said on Wednesday.
Friday, November 19th 2010 - 18:07 UTC
China imposes second banks’ reserve hike in two weeks

China's central bank has raised the amount of money that lenders must keep in reserve, as it moves again to try to control the country's high inflation. The People's Bank of China said the reserve ratio would go up by a further 0.5 percentage points on 29 November.
Thursday, November 18th 2010 - 10:58 UTC
China to provide food subsidies fearing price inflation and social unrest

China's government has said it will provide poorer households with subsidies in response to double-digit food price inflation. Inflation accelerated to 4.4% in October, with food prices rising 10.1%.