Foreign investment into China up 18.8 percent in first eight months
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China remained an attractive destination for foreign investors who poured in 43.6 billion dollars during the first eight months of the year, 18.8 percent more than the same period last year, the government said.
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China's military spending, a point of contention with the United States, will jump 17.8 percent this year, the spokesman for the National People's Congress said Sunday.
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China's will boost defense spending by 17.8 percent in 2007, accelerating the emerging power's string of annual double-digit rises in money for a modern military that reflects its economic strength.
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China's trade surplus has surged to an almost record level in February, official state figures show.
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China&#39;s imports and exports in thefirst ten months this year amounted to 926.47 billion US dollars, rising 35.8 percent year-on-year, according to statistics releasedby the
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BEIJING (Dow Jones)--China raised interest rates Thursday for the first time in more than nine years, escalating its battle to tame feverish economic growth but immediately
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Shares in China's biggest airline Air China close up 8% after making their debut on the Hong Kong Stock Exchange.
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China plans to boost defense spending by 17.8 percent in 2007, continuing the emerging power's stretch of double-digit annual increases in money for missiles, tanks and the building blocks of military modernization.
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Facing foreign competition in 2007, China's banks are expanding loan options.
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China's annual economic growth surged to an 11-Â½ year high of 11.9 percent in the second quarter, cementing expectations for tighter policy to keep the world's fastest-growing major economy from overheating.
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The increase fed speculation that China was yielding to international pressure and the state of its economy.
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China's economy grew by 9.5 percent in the first three quarters of 2004 compared to the same period last year, China's National Bureau of Statistics announced.
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China opens its tightly controlled broadcast market by allowing foreign investment in Chinese firms.
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It is the first sign that financial damage from the Chinese market might be spilling into other countries.
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China's global trade surplus in January rose 22.7 percent compared with the year-earlier period to $19.5 billion, a state news agency reported Friday.
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Vietnam is endeavoring to improve its business environment in such fields as procedures, taxes, land and labor, in a move to lure US$18 billion worth of foreign direct investment in the 2006-2010 period.
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THE ASIAN Development Bank (ADB) said it has raised its GDP growth forecast for China to 8.8 percent from 8.3 percent, but slightly scaled down next year&#39;s projection for the world&#39;s fastest-growing economy to 8.0 percent from 8.2 percent.