News Source: Voice of America
| 2 months ago
China's economy is on track to grow 8 percent in 2009, as new data suggest Beijing's massive stimulus spending continues to offset drops in exports. China reports increases in industrial output, investment, loans and retail sales in August, even as...
News Source: Epoch Times
| 2 months ago
Asian Markets—Chinese industrial output, investment and credit expanded faster than expected in August, while Japan lowered its quarterly growth slightly. Despite the expansion in industrial output, China’s export growth fell 20 percent on year...
News Source: The New York Times
| 2 months ago
Bank of China, the biggest foreign exchange lender in the country, said Thursday that it would need more capital to meet its adequacy ratios, following a first-half lending binge under Beijing’s loose money policies. The bank’s executive vice...
News Source: Channel NewsAsia
| 2 months ago
Urban property prices in China gained further momentum in August, with stronger growth in sales and investment, the National Bureau of Statistics said Thursday. Property prices in 70 big and mid-size cities in China rose two percent last month from a...
News Source: MarketWatch
| 2 months ago
Property prices in China's 70 biggest cities rose 2% in August over the year-earlier period, accelerating from a 1% on-year rise in July, a report said Thursday. Investment in real estate in the January-through-August period, meanwhile, rose 14.7%...