World Business Briefing: China: A Move to Restrain Prices
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China raised the interest rate on mortgage loans to 1.1 times the nationâs benchmark lending rates and increased the minimum down payment on apartments intended for investment in an effort to cool surging property prices.
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If you invest in China, do so with caution.
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Top world finance chiefs stepped up pressure on China to relax its grip on its currency, warning that trade imbalances threaten a flourishing global economy.
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In an attempt to control export quality, China enforces new licensing procedures. The result: expensive Chinese dinners.
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China&#39;s share prices fell sharply early Wednesday after authorities made another attempt to rein in the nation&#39;s booming stock markets by imposing higher taxes on trading.
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Chinese stocks are in the doldrums, and Baidu may be the cure.
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Beijing. (Interfax-China) - China will speed up economic restructuring and reform and the adoption of market-based systems. Meanwhile, China will continue to maintain its open-door policies and meeting its
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The move was aimed at braking what many inside and outside China now see as a stock market bubble.
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China increases its interest rates for the first time since 1995, a move widely seen as a further attempt to prevent its economy from over-heating.
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China raised interest rates on Thursday for the sixth time this year, the latest of a series of tightening steps to cap inflation and prevent the world's fourth-largest economy from overheating.
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The Chinese stock is hurt by the rate hike and a mobile suspension.
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China&#39;s surprise decision to raise interest rates to cool its economy pulled the rug out from under Australia&#39;s high-flying resource sector on Friday, dragging the local sharemarket down from record highs.
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A move by China in a possible mining deal could sharply increase the price of what would be one of the biggest mergers in corporate history.
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The pace of Chinaâs economic development is still strong enough to keep pushing up prices around the world.
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China raised interest rates on Friday in the latest of a series of tightening steps aimed at keeping inflation in check and preventing the world's fourth-largest economy from overheating.
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Rising prices is causing Chinese companies to raise prices for exports, particularly on one critical commodity: pork.
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China is to face greater competition from foreign banks as a WTO deadline to open its markets looms.