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

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  • Research and Markets: China Mining Report Q1 2009 12 Nov 2009 12:11 GMT
    ... of the " The People's Republic of China (PRC) is a natural world leader in ... gradually being done away with. However, the Chinese mining industry as a whole is suffering from ... to the success of China's CNY4,000bn fiscal stimulus package. This should include investment in railroads, ...

  • Research and Markets: China Mining Report Q1 2009 (BIZ) 12 Nov 2009 12:14 GMT
    ... The People's Republic of China (PRC) is a natural world leader in ... gradually being done away with. However, the Chinese mining industry as a whole is suffering from ... to the success of China's CNY4,000bn fiscal stimulus package. This should include investment in railroads, ...

  • China output, retail sales rise 12 Nov 2009 02:37 GMT
    ... China said Wednesday that massive government spending was ... up pace in October, while demand for Chinese exports improved, official data showed, putting the ... Bureau of Statistics, told a news conference. Beijing sees eight percent growth as essential for ...

  • China to re-export copper on stockpiles 12 Nov 2009 02:13 GMT
    ... months of this year were 2.58 million tons.[China Daily] Copper stockpiles held in duty-free warehouses ... to a record. That's helped to drive Chinese prices below London's since at least July. ... analyst at CRU International Ltd, said from Beijing yesterday. A shift of the metal from ...

  • World Bank chief economist warns China of deflation, overcapacity 12 Nov 2009 08:20 GMT
    ... economist Justin Yifu Lin has warned that China's sustained development will require re-balancing the economy. ... Lin said during the 2009 Nobel Laureats Beijing Forum on Wednesday. "I think it's a ... cause larger income gaps." He said the Chinese government had succeeded in dampening the impact ...

  • Good and Bad News in China's Currency Shift 12 Nov 2009 13:20 GMT
    ... CHINA'S SUBTLE SHIFT IN ITS EXCHANGE-RATE POLICY could ... the summer of 2008, just before the Beijing Olympics. With an interruption for the dollar's ... is in its interest, first and foremost. Chinese authorities would accede to a rise in ...

  • China's economic performance amid global downturn affirmed 12 Nov 2009 14:40 GMT
    ... Monday it had raised the outlook for China's A1 credit rating from stable to positive ... emerging from the global financial crisis. The Chinese government has successfully steered the economy through the ... kicked off its four-trillion yuan ($586 billion) stimulus plan last November, which was due to ...

  • WB chief economist warns China of deflation, overcapacity 12 Nov 2009 06:32 GMT
    ... WB chief economist warns China of deflation, overcapacity World Bank Senior Vice ... Lin said during the 2009 Nobel Laureates Beijing Forum on Wednesday. "I think it's a ... cause larger income gaps." He said the Chinese government had succeeded in dampening the impact ...

  • WB economist warns China of deflation 12 Nov 2009 06:32 GMT
    ... WB chief economist warns China of deflation, overcapacity World Bank Senior Vice ... Lin said during the 2009 Nobel Laureates Beijing Forum on Wednesday. "I think it's a ... cause larger income gaps." He said the Chinese government had succeeded in dampening the impact ...

  • Chinese October data shows world's workshop back in business 12 Nov 2009 00:16 GMT
    ... bank-financed 4 trillion yuan ($585 billion) economic stimulus package, announced a year ago, tapered off. ... month in a row. But economists said China was maintaining the momentum of its recent recovery, ... which has made it a certainty that Beijing will surpass its target of 8 percent growth ...

  • China 2010 Software Industry Revenue to Exceed CNY1trn 12 Nov 2009 12:41 GMT
    ... China 2010 Software Industry Revenue to Exceed CNY1trn BEIJING, Nov 12, 2009 (SinoCast Daily Business Beat ... Daily Business Beat via COMTEX) -- The Chinese software industry is expected to achieve a ...

  • US STOCKS-Market climbs on homebuilder forecast, China data 12 Nov 2009 00:32 GMT
    ... * Chinese factory output surges to 19-month high * Fed ... from a top homebuilder and data from China pointed to a strengthening global economy. The ... that rates will stay low and economic stimulus will remain intact, a boon for stocks. ...

  • Australia warns of withdrawing stimulus too early, sees challenges 12 Nov 2009 03:32 GMT
    ... Thursday urged economies worldwide to maintain their stimulus packages, saying there were still no clear ... government was determined to maintain its stimulus package, the treasurer said, as "the increase in ... APEC consists of Australia, Brunei, Canada, Chile, China, Indonesia, Hong Kong, Japan, Malaysia, Mexico, New Zealand, ...

  • Stimulus Funds Could Change Oklahoma's Education System 12 Nov 2009 03:53 GMT
    ... Stimulus Funds Could Change Oklahoma’s Education System President ... and it's part of President Obama's stimulus package. The White House says this is a ... bring his students speakers from places like China. He says the technology would enhance not just ...

  • Stimulus Money Could Change State's Education System 12 Nov 2009 05:10 GMT
    ... their share of $4.3 billion in federal stimulus money to spend on education, but to ... and it's part of President Obama's stimulus package. The White House said this is a ... bring his students speakers from places like China. He said the technology would enhance not just ...


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Markets

Exchange Rates:

Chinese Renminbi:
USD 1 = CNY 6.8267
EUR 1 = CNY 10.2175

Hong Kong Dollar:
USD 1 = HKD 7.7500
EUR 1 = HKD 11.5994

Macau Pataca:
USD 1 = MOP 7.9825
EUR 1 = MOP 11.9474

Taiwan Dollar:
USD 1 = TWD 32.3220
EUR 1 = TWD 48.3760

USD 1 = EUR 0.6681
EUR 1 = USD 1.4967

Closing Stocks:
Shanghai A: 3,329.13(-0.08%)
Shenzhen A: 1,198.86(0.49%)
Hang Seng: 22,397.47(-1.02%)
Taiwan Taiex: 7,670.93(0.04%)

Country Info About China

Visit the World Factbook for detailed information about China.
 

This Day in History

Nov. 12

Sun Yat-Sen, Chinese revolutionary who founded the Nationalist Party, born. Referred to as the father of modern China.
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08 November 2009
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