China's April trade surplus stands at $11b
2011-05-10 13:27:14
China saw a trade surplus of $11.43 billion in April this year, according to figures released Tuesday by the General Administration of Customs.
Lufthansa is adding Shanghai service, CEO says
2011-05-10 13:24:36
The German flagship airline Deutsche Lufthansa AG said over the weekend that it is aiming to further increase its presence in China, taking advantage of the fast-growing demand for aviation.
Chinese shares open higher - May 10
2011-05-10 13:19:29
Chinese shares opened higher on Tuesday with the benchmark Shanghai Composite Index up 0.16 percent to 2,876.98 points.
Market exchange rates in China -- May 10
2011-05-10 13:18:27
The following are the central parity rates of the renminbi against seven major currencies announced Tuesday by the China Foreign Exchange Trading System.
Three motives behind China's cross-border M&As
2011-05-10 13:17:39
Securing raw materials, gaining up-to-date technologies and accessing new markets are the three main motives for Chinese companies to participate in cross-border merger & acquisition (M&A) activities, an A.T. Kearney study revealed.
Foreign baby formula producers promise no price hikes
2011-05-10 13:04:23
Three of six foreign baby formula companies in China interviewed by the China's chief economic policymaking body said they do not have plans to raise prices, acquiescing to government efforts to control inflation.
China to check overcapacity of flat glass industry
2011-05-10 13:03:33
China will review the country's ongoing flat glass production projects and resolutely close substandard projects in an effort to curb overcapacity in the flat glass sector, the Ministry of Industry and Information Technology (MIIT) said Monday.
CSR subsidiary to build rail car brake JV
2011-05-10 11:24:28
A subsidiary of CSR Corporation Limited (CSR), China's largest rail vehicle maker, said Monday that it signed an agreement with U.S.-based Wabtec Corporation to establish a joint venture to produce braking systems for rail cars.
Stronger yuan mainly due to US dollar depreciation
2011-05-10 11:20:55
The appreciation of the yuan, China's currency, against the US dollar has mainly occurred because of a weaker dollar, experts said, warning that an influx of "hot money" could follow.