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China Inflation News. Service for global professionals. Constantly updated news and information about China.
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Latest China Inflation News

  • Mobius Says China to Avoid Property Market 'Crash' on Savings 8 Jan 2010 01:32 GMT
    ... Investor Mark Mobius said the bubble in China’s property market isn’t about to burst. “The ... property market isn’t about to burst. “The Chinese will act rationally and they’re not going ... into” share prices, CLSA Asia- Pacific Markets’ Shanghai-based head of China A-share research Manop Sangiambut ...

  • Healthy credit growth 8 Jan 2010 01:22 GMT
    ... worst crisis since World War II. The Chinese economy was tumbling toward the slowest quarterly growth ... the previous year. With this credit support, China's economy rapidly recovered from a 6.1 percent ... to improving the economic structure and managing inflation expectations. While the market is guessing how ...

  • PRECIOUS-Gold eases on firm dollar, before US jobs data 8 Jan 2010 01:19 GMT
    ... St. Louis President James Bullard speaks in Shanghai, China. (0730 GMT) - UK Dec producer price index. ... China concerns, US payrolls[ID:nLDE6060FN] >Fed officials see inflation risks, hope on jobs[ID:nN07213925] >Soy dives on ...

  • The regime's ramparts are shaky (Dec 10th) 8 Jan 2010 01:11 GMT
    ... by “Death to Russia!” and “Death to China!—allusions to the diplomatic and economic protection Iran ... his own, poorer supporters. But sceptics say inflation will gallop if the scheme goes awry. For ...

  • Stocks notch modest gains ahead of employment data 8 Jan 2010 01:06 GMT
    ... conversely, that rapid growth would risk triggering inflation. "It's a case of not too hot and ... to 641.97. Some overseas markets fell after China took steps to limit lending and prevent its ...

  • Shares End Mostly Higher, Helped by Stronger Retail Data 8 Jan 2010 01:03 GMT
    ... stocks. Shares tumbled in early trading after China raised a key interest rate, creating concern that ... governments will raise interest rates to thwart inflation. Oil fell from a 15-month high on Thursday ...

  • Markets cautious after Chinese rates rise 8 Jan 2010 00:42 GMT
    ... Investors are worried that China's rising rates will lead to lower economic ... only four basis points but signals the Chinese central bank is now keeping an eye on inflation. This has investors worried that rising rates ...

  • Report from Europe: Stocks Suffers as China Hints at Tightening 8 Jan 2010 00:42 GMT
    ... 63 cents from analysts. Reuters reported that China’s Central Bank surprised the market by raising ... at China Merchants Bank. Concerns about rising inflation and asset bubbles in the key property ... from its 2009 low on March 27. Chinese mills have stepped up iron ore purchases to ...

  • Tefron Lenders Agree to Continue and Expand Financing (BIZ) 8 Jan 2010 00:37 GMT
    ... custom duties and import quotas (e.g., in China, where we manufacture for our swimwear division). -- ... for our swimwear division). -- fluctuations in inflation and currency rates; -- the potential adverse effect ...

  • Chinese decision on rates seen as turning point 8 Jan 2010 00:36 GMT
    ... China’s central bank raised a key interest rate ... move to tighten monetary policy and forestall inflation. After breaking stride a year ago during ... ago during the global economic slowdown, the Chinese economy resumed galloping growth over the summer. Government ...

  • Tefron Lenders Agree to Continue and Expand Financing 8 Jan 2010 00:35 GMT
    ... custom duties and import quotas (e.g., in China, where we manufacture for our swimwear division). -- ... for our swimwear division). -- fluctuations in inflation and currency rates; -- the potential adverse effect ...

  • China surprise move to control liquidity sends markets plunging 8 Jan 2010 00:34 GMT
    ... China surprise move to control liquidity sends markets ... prospect of a tougher policy stance from Beijing sent Chinese shares tumbling and hit a range of ...

  • C$ falls with commodities on China concerns 8 Jan 2010 00:31 GMT
    ... C$ falls with commodities on China concerns TORONTO (Reuters) - The Canadian dollar fell ... its economy to keep a lid on inflation. A stronger U.S. dollar on the back of ...

  • US stocks make new 15-month high 8 Jan 2010 00:28 GMT
    ... on Friday. Speaking to university students in Shanghai, St. Louis Fed President James Bullard said ... But a surprise interest rate increase by China's central bank on short-term debt raised concerns ... slow down lending, curb growth and fight inflation. This was the first increase for its ...

  • Curbing overcapacity, stimulating consumption key for China's economic revival 8 Jan 2010 00:27 GMT
    ... a massive stimulus package and bank credit, China's economy grew at an enviable pace last ... such as job promotion. Last year the Chinese government implemented a 4-trillion yuan (587 billion U.S. ... 15.1 percent in 2010 taking into account inflation, about 1.8 percent lower than retail sales ...


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Quote of the Day

"For Africa to further take off, it is very important to build up the infrastructure so that African countries can conduct intra-regional trade on a massive scale."
— Chinese Foreign Minister Yang Jiechi

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Markets

Exchange Rates:

Chinese Renminbi:
USD 1 = CNY 6.8279
EUR 1 = CNY 9.8230

Hong Kong Dollar:
USD 1 = HKD 7.7556
EUR 1 = HKD 11.1576

Macau Pataca:
USD 1 = MOP 7.9883
EUR 1 = MOP 11.4924

Taiwan Dollar:
USD 1 = TWD 31.8700
EUR 1 = TWD 45.8498

USD 1 = EUR 0.6951
EUR 1 = USD 1.4386

Closing Stocks:
Shanghai A: 3,348.66(-1.89%)
Shenzhen A: 1,238.94(-1.93%)
Hang Seng: 22,264.82(-0.68%)
Taiwan Taiex: 8,237.42(-1.08%)

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This Day in History

Jan. 8

Chou En-Lai, long-time Chinese Communist leader, died at 78.
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