Weak demand drives up iron ore stockpiles
Source: Chinadaily
Shanghai :: China | updated 2013-05-24 06:16:07 -0700 | business-news
An expert said Wednesday that rising stockpiles of iron ore at Chinese ports indicates dropping iron ore demand due to unfavorable economic conditions. Inventories of imported iron ore at 25 major Chinese ports stood at 72.49 million tons from May...
Central, local govts invest $350m in software
Source: Chinadaily
Shanghai :: China | updated 2013-05-24 06:16:08 -0700 | technology-news
Chinese governments at the central and local levels have invested 2.16 billion yuan ($350 million) in buying original office software over the past three years, the National Copyright Administration (NCA) announced Wednesday. They have purchased some 3.23 million units of...
Brands displayed at Beijing Sparkle Roll Luxury Brands expo
Source: Chinadaily
Shanghai :: China | updated 2013-05-22 02:12:30 -0700 | entertainment-news
The family's voracious passion for diamonds has guided them throughout history. The company was bestowed with the rare privilege of a Royal title from Queen Juliana of Holland in 1980. The inimitable, patent protected Royal Asscher Cut is considered to...
'Countryside judge' offers helping hand during legal disputes
Source: China News
Shanghai :: China | updated 2013-05-22 02:07:50 -0700 | political-news
Over the past 30 years, the 56-year-old judicial mediator in Xuanfeng town, Luxi county, Jiangxi province, has mediated about 3,700 civil dispute cases, settling 99 percent of them successfully, he says. Yang records all the disputes for later reference, as...
Artists step into Africa
Source: China News
Shanghai :: China | updated 2013-05-22 02:07:53 -0700 | entertainment-news
China Artists Association has brought 40 of its best paintings to Cote d'Ivoire in its bid to Step into West Africa. The namesake exhibition in La Rotonde des Arts features paintings from Liu Dawei, Wu Changjiang and other contemporary artists....
Final sprint to national college entrance exam
Source: China News
Shanghai :: China | updated 2013-05-22 02:07:50 -0700 | political-news
Zhao Xijun rests at Guyuan No 1 High School in Guyuan city, Ningxia Hui autonomous region on May 21. Zhao, 18, was born in a mountain village, Pengyang county, and came over to Guyuan city in middle school. Because of...
Porn star's calligraphy sparks art debate in China
Source: Inquirer.net
Shanghai :: China | updated 2013-05-22 00:50:22 -0700 | entertainment-news
Calligraphy by Japanese porn star Sola Aoi has sparked a culture war in China, where she has a huge fan base, with purists dismissing the work as unskilled after it was reportedly auctioned for $95,000. Eight Chinese characters the actress...
Soybean imports in May set to rise
Source: Chinadaily
Shanghai :: China | updated 2013-05-21 23:21:11 -0700 | green-news
China, the world's largest soybean importer, will increase imports in May as demand rebounds following a slowdown due to bird flu, according to a specialist publication...Oil World, a German magazine, predicted that China's soybean imports in May will rise to...
Consumer confidence rebounds in Q1
Source: Chinadaily
Shanghai :: China | updated 2013-05-21 23:21:10 -0700 | business-news
Meanwhile, the consumer confidence index stood at 108 in the first quarter of 2013, unchanged from the previous quarter and 15 points higher than the global average, according to Nielsen. The Nielsen Global Survey of Consumer Confidence and Spending Intentions,...
Online publications confiscated for spreading porn
Source: China News
Shanghai :: China | updated 2013-05-21 22:31:06 -0700 | technology-news
Chinese authorities have seized 180,000 online publications involved in the dissemination of pornographic content since the country launched an Internet clean-up campaign in March. More than 10,000 websites were punished for law and regulation violations, according to a statement issued...
Climber rescued on Himalaya Mountains
Source: China News
Shanghai :: China | updated 2013-05-23 21:37:18 -0700 | political-news
Xia Jianfeng (R) receives a hada, a white silk scarf symbolizing respect and blessing, from the captain of the climbing team on Himalaya Mountains (Qomolangma), southwest China's Tibet autonomous region on May 19, 2013. Xia Jianfeng, a member of a...
Careful handling of hot potato
Source: Chinadaily
Shanghai :: China | updated 2013-05-21 20:50:30 -0700 | business-news
The country's capital and financial account surplus has also soared, to $101.8 billion in the first quarter of this year, up from only $20 billion in the fourth quarter of last year. Short-term capital, other than direct investment and securities,...
Rising yuan increases risks
Source: Chinadaily
Shanghai :: China | updated 2013-05-21 20:50:30 -0700 | business-news
Such a strong rising momentum, however, may pose risks as China's economic growth eases and capital inflows accelerate. On Monday, the central bank also surprised the market by keeping the yuan's reference mid-point almost flat despite a rising dollar.
China's red-hot property market searching for remedy
Source: Chinadaily
Shanghai :: China | updated 2013-05-21 19:43:44 -0700 | business-news
As China's real estate prices continue to rise despite the central government's repeated housing curbs, experts have suggested the cure is to be found in market-oriented measures. China has been fine-tuning its property regulations since 2003, but average housing prices...
Lender wins big with local edge
Source: Chinadaily
Shanghai :: China | updated 2013-05-21 19:43:43 -0700 | business-news
But against all odds, including bitter competition between eight established lenders in Lhasa, capital of the Tibet autonomous region, Bank of Tibet made its debut on May 22, 2012. The new bank notched an 18 million yuan ($2.9 million) profit...
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