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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

  • Why free trade is failing the US 7 Jan 2010 10:30 GMT
    ... Obama, like president George W Bush, permits China and others to cheat on the rules, ... to reasonably reflect production costs. To buy Chinese televisions, Americans must be able to purchase yuan ... as it is now does thanks to stimulus spending and the Troubled Asset Relief Program. ...

  • Taiwan exports surge 47 percent in December 7 Jan 2010 10:18 GMT
    ... the global economy and strong demand from China. Taiwan's Finance Ministry said Thursday that December's ... jump in exports to the mainland to Beijing's economic stimulus. However, the massive spending has ... demand for Taiwanese high-tech components used by Chinese factories. In November, Taiwan's exports rose 19.4 ...

  • GLOBAL MARKETS-Equities slip, yen weakens, eyes on US data 7 Jan 2010 10:15 GMT
    ... LONDON, Jan 7 (Reuters) - Equities came off ... told an audience of university students in Shanghai that the labour market in the United ... of 2010, which will see less economic stimulus measures and, therefore, a strong need for ...

  • Equities slip, yen weakens, eyes on U.S. data 7 Jan 2010 10:04 GMT
    ... LONDON (Reuters) - Equities came off the boil globally ... told an audience of university students in Shanghai that the labor market in the United ... of 2010, which will see less economic stimulus measures and, therefore, a strong need for ...

  • Gold inches off 3-week high as U.S. data eyed 7 Jan 2010 10:04 GMT
    ... A possible signal of tighter liquidity by China's central bank was expected to affect gold ... gold market, the impact would be neutral. Chinese demand in the precious metals would be hardly ... policy meeting suggested the possibility of more stimulus measures for the economy. The world's largest ...

  • Gold inches off 3-week high as US data eyed 7 Jan 2010 09:55 GMT
    ... A possible signal of tighter liquidity by China's central bank was expected to affect gold ... gold market, the impact would be neutral. Chinese demand in the precious metals would be hardly ... policy meeting suggested the possibility of more stimulus measures for the economy. The world's largest ...

  • Copper falls on China rate tightening 7 Jan 2010 09:55 GMT
    ... fretted over possible tighter monetary policy in China, the world's top metals consumer. But the mood ... policy meeting suggested the possibility of more stimulus measures for the US economy. * Commodity markets came off the boil ...

  • Slow growth? Get used to it, economists say 7 Jan 2010 09:52 GMT
    ... factors that will determine how quickly the economy expands in coming years, economists said. The ... to look to expanding markets in India, China, South America and other places in the developing ... back on the massive amounts of fiscal stimulus they injected to steady the economy, but ...

  • News Analysis: Curbing Overcapacity, Stimulating Consumption Key for China's Economic Revival 7 Jan 2010 09:27 GMT
    ... Fueled by 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. ...

  • Asian markets gain after Wall Street opens 2010 with rally; European shares slip 7 Jan 2010 09:13 GMT
    ... news combined with robust manufacturing figures in China and higher commodity prices in recent days to ... sustainable. Still, lingering problems in the world economy, including high debt in the West, could ... more pronounced once the effects of government stimulus measures start to fade, analysts say. "That ...

  • Deciphering Current Thinking of PIMCO's Bill Gross 7 Jan 2010 09:12 GMT
    ... Bill Gross, head of PIMCO, makes some intriguing and ... PIMCO's stance is one of favoring more stimulus measures to counter a further retreat into ... of new debt to finance it. The Chinese bought a little ($100 billion) of that, other ...

  • Dollar Steady Before Jobs Data; Aussie Firmer 7 Jan 2010 08:52 GMT
    ... early as February. A surprise move by China's central bank which saw it raise the auction ... The report is expected to show the economy shed 8,000 jobs in December, after a ... policy meeting suggested the possibility of more stimulus measures for the U.S. economy. The euro ...

  • Euro edges down to USD 1.4399 overnight 7 Jan 2010 08:46 GMT
    ... morning making 90.10p. A surprise move by China's central bank which saw it raise the auction ... The report is expected to show the economy shed 8,000 jobs in December, after a ... policy meeting suggested the possibility of more stimulus measures for the US economy. The yen ...

  • Nikkei slips; Canon, JAL and China news weigh 7 Jan 2010 08:44 GMT
    ... lower when commodities-linked shares pared gains after China's central bank unexpectedly raised rates at a three-month ... last meeting suggested the possibility of more stimulus measures for the U.S. economy, but a report showed the U.S. service ...

  • Oil below $83 after 10-day rise 7 Jan 2010 08:16 GMT
    ... heavy snow and record low temperatures in China prompted cities across eastern and central parts of ... policy meeting suggested the possibility of more stimulus measures for the US economy. Weekly US jobless claims, due later at ...


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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%)

Country Info About China

Visit the World Factbook for detailed information about China.
 

This Day in History

Jan. 7

Korea proclaimed its independence from China.
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