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Strong indicators trigger yuan float rumors

      The stronger-than-expected 46 percent year-on-year growth in exports during February this year has sparked speculation that the nation may start revaluing the yuan later this month. But some analysts have cautioned that not too much should be read into the strong numbers a... >>

China tightens land purchase rules

China is requiring a down payment for land purchases equal to 50 percent of a plot's price and prohibited the supply of land for villas as the government sought to increase affordable housing. The down payment must be paid within a month of signing a contract for the land purchase, the Ministry ... >>

China needs to boost consumption: IMF official

SINGAPORE - Chinese consumers have been held back for too long, and now must be put front and center in China's growth model, vsaid Anoop Singh, director of the International Monetary Fund's Asia and Pacific Department. According to an article by Singh published on Thursday's Straits Times, Sing... >>

UBS, JPMorgan turn positive on China realty

By Chua Kong Ho and Chen Shiyin     Brokerages increasingly optimistic about sector they say is undervaluedSHANGHAI: UBS AG and JPMorgan Chase & Co turned positive on Chinese property stocks, saying the plunge in share prices this year has made them cheap and concern over tigh... >>

China to focus on energy restructure in 2010

China would put more emphasis on adjusting its energy structure this year with focus on renewable energy and nuclear power, director of China's National Energy Administration (NEA) said in Beijing Tuesday. Zhang Guobao, also vice-minister of the National Development and Reform Commission and ... >>

Urbanization, income gulf may put nation in economic peril

By Yi Xianrong With the annual session of the Chinese People's Political Consultative Conference (CPPCC) National Committee opening today and the session of the National People's Congress (NPC) approaching, people online have grown more interested in the potential topics at the two sessions, f... >>

China depending more on imported oil

China\'s oil imports will continue to see solid growth this year, with more than half of the country\'s total oil consumption coming from abroad, industry insiders said. It is inevitable for the country - the world\'s second largest oil consumer - to see a robust increase of imports, as domestic ... >>

Binhai area plans huge GDP growth

The newly reshuffled Tianjin Binhai New Area made a stunning debut as an independent administrative body at the Tianjin People\'s Congress this year, rather than as several separate district delegations.The recently streamlined administrative area is poised to achieve an unprecedented GDP year-on... >>

Nation's largest oil tanker set to sail

    The most sophisticated supertanker ever designed and built by a Chinese shipyard, Xin Pu Yang, is about to start its maiden voyage from Guangzhou later this month, media reports said. The ship is believed to be the largest oil tanker in the world, three times the size of an aircra... >>

Balancing act for post-crisis era

The global economy has shown signs of shaking off the prolonged downturn and taking a turn for the better following a raft of stimulus packages unveiled by various governments over the past year. The US, Japanese and European economies, which staggered under the weight of the worst global financi... >>


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