China News
China posted significant declines in land sales revenues in the first half of this year as the government vowed not to relax its tightening over the property sector, according to data from the Ministry of Finance (MOF) on Saturday. Nationwide,...
Chinadaily
China's Consumer Price Index, a main gauge of inflation, has eased to a 29-month low driven by falling food prices, leaving the government ample room to introduce more pro-growth measures to boost the slowing economy. The CPI grew 2.2 percent year-on-...
Chinadaily
China's stocks closed sharply lower on Monday after statistical authorities announced in the morning that inflation last month fell to a 29-month low. The benchmark Shanghai Composite Index tumbled 2.37 percent, or 52.77 points, to close at 2,170.81.
Chinadaily
China's new yuan-denominated loans surged in June as the government moved to buoy the slowing economy. The June new yuan-denominated loans rose 285.9 billion yuan ($45 billion) year-on-year to 919.8 billion yuan, the People's Bank of China, or the...
Chinadaily
China's retail sales grew 13.7 percent year-on-year in June, slightly down from 13.8 percent in May, the National Bureau of Statistics said Friday...In the first six months, retail sales rose 14.4 percent to 9.82 trillion yuan ($1.56 trillion). The...
Chinadaily
China's urban fixed asset investment rose 20.4 percent year-on-year to 15.07 trillion yuan ($2.38 trillion) in the first half of 2012, the National Bureau of Statistics announced Friday. The growth rate moderated by 0.5 percentage point compared to...