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Latest China Economy News

  • Copper thieves costing Network Rail millions 30 Aug 2008 13:01 GMT
    ... SOARING copper prices are fuelling thefts of signal ... being driven by an explosion in the Chinese copper market as the country deals with a ... thought resulting delays are detrimental to the economy of the North East, as businesses struggle ...

  • Country Not In Economic Crisis, Says Nor Mohamed 30 Aug 2008 12:59 GMT
    ... was being tabled on Friday. The country's economy remains strong with a Gross Domestic Product growth ... is in third place, behind India and China, he said, brushing aside claims that the Budget ...

  • G-8 lacks influence without India and China: Putin 30 Aug 2008 12:58 GMT
    ... presence of emerging economies like India and China. Without involving India and China and without consulting ... in major decisions, development of the world economy is impossible, Putin told a TV channel. "In ...

  • Equality hopes extend to female Olympians 30 Aug 2008 12:58 GMT
    ... As the curtain closed on the 2008 Beijing Olympics, the United States very appropriately celebrated National ... maybe not for their children. Bush gutted economy to kill social programs It's easy to ...

  • Right at home in Mr. Blandings' dream house 30 Aug 2008 12:57 GMT
    ... — still with two original built-in corner china hutches — a small den, bathroom and kitchen ... that it's not very energy-efficient. "In today's economy, it's expensive to live in an older home," ...

  • Asian stocks rise, led by exporters, industrial firms 30 Aug 2008 12:56 GMT
    ... from a 1-year low hit last week. China’s Shanghai composite index rallied 2.9% but was still ... in the world so far this year. Chinese mutual funds have sharply raised their recommended ...

  • City turmoil alters Robert Walters focus 30 Aug 2008 12:54 GMT
    ... Kong and France, and an acquisition in China. The company raised the interim dividend to 1.4p ... a return to health in the global economy. ...

  • Canadians should expect $1.75-a-litre gasoline as Gustav threatens, says Rubin 30 Aug 2008 12:53 GMT
    ... Experts say the end of the Games will have little effect on China's roaring economy. An urban development scheme in Germany has young entrepreneurs turning derelict buildings into businesses. We ...

  • Treaty named Foothills owner of Canadian section of Alaska Highway project 30 Aug 2008 12:53 GMT
    ... Experts say the end of the Games will have little effect on China's roaring economy. An urban development scheme in Germany has young entrepreneurs turning derelict buildings into businesses. We ...

  • 66 Days to the Election: A look at the race for 2008 on Saturday 30 Aug 2008 12:53 GMT
    ... McCain selects Alaska's Gov. Sarah Palin to be vice ... than watched the Olympics opening ceremony in Beijing, the final "American Idol" or the Academy ... decision could damage the state's and nation's economy. Palin's rapid ascent in politics followed her ...

  • TABLE-China's Changan Auto H1 net rises 4 pct 30 Aug 2008 12:53 GMT
    ... SHANGHAI, Aug 30 (Reuters) - Six months ended ... in the southwestern city of Chongqing, is China's largest mini-van maker and fourth-largest vehicle manufacturer. ... material costs and slowing growth in the Chinese economy. Changan Automobile produced 455,688 vehicles in ...

  • Taiwan to cut military spending amid warming China ties: report 30 Aug 2008 12:51 GMT
    ... Taiwan to cut military spending amid warming China ties: report plans to scale back its military ... March on a platform to boost the economy and improve ties with China. Separately, the foreign ...

  • International students getting more US graduate programme offers 30 Aug 2008 12:39 GMT
    ... a 16% increase in admission offers to Chinese students leading the way, according to a new ... to South Korean students fell 3%. India, China and Korea are the top three countries ... also for US competitiveness in the global economy, she said. “Happily, US graduate schools are ...

  • --> Population in India: A serious dilemma Part II 30 Aug 2008 12:35 GMT
    ... in the terminology of the new political economy, suffering from an extremely myopic vision of national ... Philippines, and even a big country like China have passed such legislations to check population growth. ...

  • Real Estate Watch 30 Aug 2008 12:31 GMT
    ... from a savings glut in Asia – China and Japan, flush with dollars, sent the ... of buying skyscrapers and movie studios, the Chinese and Japanese bought Treasury bonds and mortgage-backed ... ways, including higher rates," Thomas says. So Beijing has had a hand in raising mortgage ...


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Markets

Exchange Rates:

Chinese Renminbi:
USD 1 = CNY 6.8377
EUR 1 = CNY 10.0334

Hong Kong Dollar:
USD 1 = HKD 7.8045
EUR 1 = HKD 11.4519

Macau Pataca:
USD 1 = MOP 8.0389
EUR 1 = MOP 11.7959

Taiwan Dollar:
USD 1 = TWD 31.5700
EUR 1 = TWD 46.3242

USD 1 = EUR 0.6815
EUR 1 = USD 1.4673

Closing Stocks:
Shanghai A: 2,516.78(2.00%)
Shenzhen A: 690.44(2.63%)
Hang Seng: 21,261.89(1.38%)
Taiwan Taiex: 7,046.11(0.18%)

Country Info About China

Visit the World Factbook for detailed information about China.
 

This Day in History

Aug. 30

Hong Kong was liberated when the British navy under Rear-Admiral Cecil Harcourt sailed into Victoria harbor to accept the Japanese surrender.
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