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  • China raises '08 GDP growth figures to 9.6%, nearing Japan 26 Dec 2009 07:11 GMT
    ... December 26, 2009 2:50 pm TWN, Bloomberg China raises '08 GDP growth figures to 9.6%, ... statistics bureau said at a briefing in Beijing Friday. That compares with a previous 30.067 ... year ended March 2009. This year, the Chinese economy grew 8.9 percent in the third ...

  • Countries with highest per capita GDP 26 Dec 2009 07:11 GMT
    ... world in terms of GDP per capita. Foreign direct investment and industrialisation have created a robust economy ... to a great extent. People shop for Chinese New Year decorations at a store in Singapore's Chinatown. 350)this.width=350;" /> 10. United States of America; ...

  • China raises 2008 economic growth estimate 26 Dec 2009 05:40 GMT
    ... Bank's estimate of $4.9 trillion for Japan. China's expansion will be more than 8 percent ... fiscal year ended March. This year, the Chinese economy grew 8.9 percent in the third ... pace of growth is attracting more investment. Foreign direct investment climbed 32 percent in November to $7 ...

  • China raises 2008 economic growth estimate; narrows gap with Japan 26 Dec 2009 02:33 GMT
    ... Bank's estimate of $4.9 trillion for Japan. China's expansion will be more than 8 percent ... fiscal year ended March. This year, the Chinese economy grew 8.9 percent in the third ... pace of growth is attracting more investment. Foreign direct investment climbed 32 percent in November to $7 ...

  • China raises 2008 economic growth estimate, narrows gap with Japan 26 Dec 2009 02:31 GMT
    ... Bank's estimate of $4.9 trillion for Japan. China's expansion will be more than 8 percent ... fiscal year ended March. This year, the Chinese economy grew 8.9 percent in the third ... pace of growth is attracting more investment. Foreign direct investment climbed 32 percent in November to $7 ...

  • India, Japan to firm up bilateral relations 25 Dec 2009 22:51 GMT
    ... in India having exceeded its investment in China for the first time in 2008-09, Prime Minister ... ports on the western flank. The Japanese FDI in India of 809 billion yen as compared to 679 billion yen ...

  • China raises GDP growth estimates 25 Dec 2009 22:02 GMT
    ... CHINA: China raised its 2008 growth estimate to ... statistics bureau said at a briefing in Beijing today. That compares with a previous 30.067 ... year ended March 2009. This year, the Chinese economy grew 8.9 percent in the third ...

  • China Raises GDP Growth Estimates, Narrowing Gap With Japan 25 Dec 2009 10:12 GMT
    ... Dec. 25 (Bloomberg) -- China raised its 2008 growth estimate to 9.6 ... statistics bureau said at a briefing in Beijing today. That compares with a previous 30.067 ... year ended March 2009. This year, the Chinese economy grew 8.9 percent in the third ...

  • China's Commerce Minister: Foreign Trade To Fall 16% In 2009 25 Dec 2009 09:50 GMT
    ... China's Commerce Minister: Foreign Trade To Fall 16% ... than 15% this year. Chen also said foreign direct investment to China is likely to fall by around ...

  • China Raises GDP Growth Figures, Closing in on Japan 25 Dec 2009 07:15 GMT
    ... in second paragraph.) Dec. 25 (Bloomberg) -- China raised its 2008 growth estimate to 9.6 ... statistics bureau said at a briefing in Beijing today. That compares with a previous 30.067 ... year ended March 2009. This year, the Chinese economy grew 8.9 percent in the third ...

  • 'Bigg' Prospects: Media Companies Tune In to India's Growing Entertainment Sector 25 Dec 2009 06:36 GMT
    ... television -- due to foreign direct investment (FDI) restrictions and caps, it has been relatively ... end of the day, India -- like China -- represents a business opportunity which needs ... to India. Media executives still believe that Chinese audiences are receptive to Western culture -- is ...

  • China Raises GDP Growth Figures, Closing in on Japan (Update3) 25 Dec 2009 06:30 GMT
    ... in second paragraph.) Dec. 25 (Bloomberg) -- China raised its 2008 growth estimate to 9.6 ... statistics bureau said at a briefing in Beijing today. That compares with a previous 30.067 ... year ended March 2009. This year, the Chinese economy grew 8.9 percent in the third ...

  • Tough year ahead for exporters 2009-12-25 07:45 25 Dec 2009 05:52 GMT
    ... worried about is growing trade protectionism against Chinese products. "Foreign countries may set trade barriers, such ... said. Tian's worry may be shared by China's tens of thousands of manufacturers and exporters. ... said. Since August, China's foreign direct investment (FDI) has started to grow, reversing a 10-month ...

  • Chinese think tank predicts global economy will grow by 2%-3% next year 2009-12-25 10:57 25 Dec 2009 05:52 GMT
    ... for a long time, it said. Multinational corporations are upbeat about the environment of foreign direct investments in 2010, the Yellow Book said, adding that China and other rising economies in Asia will be most attractive for international capital flows. ...

  • FDI encouraged in health, education 25 Dec 2009 05:28 GMT
    ... China will enhance its efforts to attract overseas ... report today from China Business News, a Chinese financial and economic newspaper. "China is going to expand its ...


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"The framework agreement is going to be a long process."
— China's top Taiwan negotiator Chen Yunlin, on a proposed free-trade pact

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Markets

Exchange Rates:

Chinese Renminbi:
USD 1 = CNY 6.8271
EUR 1 = CNY 9.8389

Hong Kong Dollar:
USD 1 = HKD 7.7561
EUR 1 = HKD 11.1778

Macau Pataca:
USD 1 = MOP 7.9893
EUR 1 = MOP 11.5138

Taiwan Dollar:
USD 1 = TWD 32.2470
EUR 1 = TWD 46.4728

USD 1 = EUR 0.6939
EUR 1 = USD 1.4411

Closing Stocks:
Shanghai A: 3,294.71(-0.39%)
Shenzhen A: 1,226.48(0.19%)
Hang Seng: 21,517.00(0.88%)
Taiwan Taiex: 7,972.59(0.11%)

Country Info About China

Visit the World Factbook for detailed information about China.
 

This Day in History

Dec. 26

Mao Zedong, Chinese statesman and one of the founders of China's Communist Party, was born. He acted as Chairman of the People's Republic of China from 1949-59 when he stepped down, but stayed on at the head of the Communist Party until his death in 1976.
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