Results for china-economy: 610

Agricultural Bank of China (ABC), the last unlisted member of China's Big Four state-owned banks, reported net profit of RMB 51.45 billion (US$7.54 billion) for 2008, up 17.5% year on year, according to the audited annual report released on Sunday.The lender's operating income climbed 17.8% from a year...

Tianjin Port Development Holdings Ltd<3382> announced that its net profit declined 45.8% from the previous year to RMB 130 million. The company's turnover was RMB 1.26 billion in 2008, reflecting a year-on-year increase of 5.46%.Last year, Tianjin Port Alliance International Container Terminal Co Ltd, partly...

China's hotel market will maintain rapid growth in the future despite the negative effects of the global financial crisis, said Michael D. Johnson, dean of Cornell University's School of Hotel Administration, in Shanghai on Wednesday, the Shanghai Securities News reported.The number of hotel rooms in China is...

Taiwan's unemployment rate hit a record high of 5.8% in March, reflecting a 0.06% increase from February, according to statistics released by the local government. Adjusted for the time of year, the rate was still as high as 5.72%, exceeding February鈥檚 record level of 5.63%....

The lending growth in China is expected to slow down and remain at a sustainable level in the remaining months of this year, said Yi Gang, vice governor of the People's Bank of China (PBOC) on Wednesday. Reportedly, PBOC has called for the nation's major banks to lend at a steadier and more rational pace on...

The Shanghai auto show is the only bright spot for struggling global auto companies.

the State Council, or China's Cabinet, said Wednesday in a meeting that the central government will put RMB 65 billion (US$9.5 billion) towards infrastructure and services in rural areas to help farmers deal with the economic recession.The infrastructure investment will center on construction of facilities for education...

China has become the world's sixth most popular retail market in 2008, with the number of international retailers rising to 42% from 37% a year earlier, according to the latest annual retail research report by CB Richard Ellis, the world's largest commercial real estate services provider, the Shanghai Daily reported on...

Morgan Stanley raised its forecast for China's GDP growth this year to 7% from 5.5% to take into account the effects of the government's policy in response to the economic downturn, which have restored confidence and prevented slowdown in consumption and investment in the first quarter of 2009....

RMB 3.31 billion in the first quarter of 2009, including RMB 1.51 billion in the Jan-Feb period and RMB 1.8 billion in March, according to statistics from the China Iron and Steel Association (CISA). In the first three months of this year, 34% of the 72 medium- and large-scale domestic steel makers posted losses, while...