Results for china-economy: 610

The Chinese economy is likely to begin to bounce back in the middle of this year, and to experience a full recovery in 2010, due to the government's RMB 4 trillion stimulus package, according to a report released by the World Bank on Tuesday.China's recovery may help the developing economies of Asia to battle the...

The new loans in China last month reached a record monthly high of RMB 1.87 trillion (US$273.6 billion), the China Daily reported, quoting an unnamed macroeconomic analyst.Bills accounted for 38.5% of new loans in January and 45.5% of new loans in February, but the percentage of bill financing experienced a...

Kerry Properties Ltd (KPL)<683>, a Hong Kong-based property investment and development company, has earmarked HK$180 million to build logistics parks in Chengdu, Chongqing and Kunshan, according to the vice chairman of the firm's logistics unit.Kerry Properties chose the locations based on where the...

Automakers and commodity producers rose across the board, as signs emerged of a stabilization in manufacturing...

The government continues its proactive investment policy despite the country's declining fiscal revenue...

Shanghai human resources and social security bureau unveiled a new policy last week, which allows local residents under 35 to apply for a government-guaranteed one-year loan of up to RMB 100,000 if they can provide a feasible business plan.The move is part of the municipal government's efforts to provide...

China will inject US$40 billion into the International Monetary Fund (IMF) as part of a capital increase plan that will help boost the global economy, said British Prime Minister Gordon Brown, at a news conference at the close of the one-day G20 Summit held in the British capital London on Thursday.Brown said that the...

Hong Kong saw its retail sales decline 12.6% year on year to HK$19.9 billion in February due to the consumption expenditure shrinkage caused by the global economic recession, according to the statistics released by the Census and Statistics Department on Apr. 2.The decrease rate is far beyond the previous...

China's Ministry of Land and Natural Resources announced on Mar. 31 that the country realized more than RMB 960 billion in land transfer payments last year, a sharp year-on-year decline of 26%, versus RMB 1.3 trillion in 2007, sources reported.In 2008, land transfer area plummeted 30.6% from a year earlier to 2.45...

The cement industry in China saw a 30.8% year-on-year surge in gross profits last year, which were RMB 26.14 billion, whereas the industry saw growth of 34.2% in 2007, according to recent statistics by China Cement Association.In 2008, China produced 1.39 billion tons of cement, up 5.2% from the previous year,...