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Business market in China, up-to-date news, analyses and market data.
 
 

Economy


China lowers interest rates by 0.27 ppt to strengthen economy

People's Bank of China decided to cut the benchmark deposit and one-year lending rates by 0.27 percentage point to 5.31 percent and 2.25 percent, respectively, effective from 23rd of December. It is the fifth time in ... more »
2008-12-23
 

China's total value of imports and exports may exceed 2.5 trillion USD in 2008

According to China’s Minister of Commerce Mr Chen Deming, it is estimated that China’s total value of imports and exports in 2008 may exceed 2.5 trillion USD, an approximate growth rate of 18 percent over ... more »
2008-12-23
 

China’s GDP to slack to 9.4% in 2008

According to a Chinese credit rating agency, China Chengxin International Credit Rating Co. (CCXI)’s report, China's gross domestic product (GDP) growth is estimated to slowdown to 9.4 percent in 2008 from ... more »
2008-11-03
 

China becomes world’s second largest exporter with 8.8%

China’s statistical authority announced that China accounts for 8.8% of world’s export by 2007, making it the world’s second largest exporter, after Germany. China’s scale of foreign trade in goods ... more »
2008-10-29
 

China’s per capita disposable income kept rising in the first three quarters

The result of a national survey by National Bureau of Statistics (NBS) of China showed that per capita disposable income of Chinese households rose in the first three quarters. In the case of urban households, disposable ... more »
2008-10-28
 

China’s strong domestic demand to maintain financial stability

China’s leaders promise to increase domestic demand and maintain financial stability in order to combat the current global economic downturn. China's National Development and Reform Commission (NDRC)’s spokesperson said that ... more »
2008-10-23
 

China's GDP increase by 9.9% for first three quarters

China’s statistical authority, National Bureau of Statistics (NBS) announced that China’s gross domestic product (GDP) achieved RMB 20.16 trillion (EUR 2.2 trillion) in the first three quarters, an increase of ... more »
2008-10-21
 

China government allocated CNY19.8 billion to subsidy fuel hikes

China’s Ministry of Finance announced on 20th June 2008 that the government had allocated CNY19.8 billion (USA2.8 billion) in subsidies to groups and sectors affected by fuel price hikes. It was part of the government ... more »
2008-06-23
 

China's Central Bank: Bond issues up 43.7% in first four months in 2008

The People's Bank of China, the central bank, announced on 21st May 2008 that the financial market remained stable in the first four months with bond issuance up 43.7% year-on-year driven by policy banks' growing demand. ... more »
2008-05-26
 

China issued CNY28 billion three-month book-entry T-bonds

The Ministry of Finance announced on 23rd May 2008 that it would issue CNY28 billion (about USD 4 billion) worth of three-month book-entry treasury bonds with an annual interest rate of 3.18% in the following week. It ... more »
2008-05-26
 

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