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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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  • UPDATE 1-China to deliver promised stimulus by end of 2010 24 Dec 2009 06:16 GMT
    ... BEIJING, Dec 24 (Reuters) - The Chinese government will deliver on its commitment to ... work group that oversees the stimulus spending. 'China is facing a very complicated situation in ...

  • China to deliver promised stimulus by 2010 24 Dec 2009 08:15 GMT
    ... China to deliver promised stimulus by 2010 The Chinese government will deliver on its commitment to ... coffers would remain the same, he said. Beijing has said it would maintain its proactive ...

  • China to deliver promised stimulus by end of 2010 24 Dec 2009 03:49 GMT
    ... BEIJING, Dec 24 (Reuters) - The Chinese government will deliver on its commitment to ... said on Thursday. Zhang also said that China was on track to achieve its budget ...

  • Watchdog: China deals with 88 law-breaking cases involving 4-trln stimulus package 24 Dec 2009 08:58 GMT
    ... China's top disciplinary authority said Thursday it had investigated ... dealt with 88 cases involving the 4-trillion stimulus package in a yearlong period since its introduction. ...

  • China to maintain trade stimulus after incentives pay off 22 Dec 2009 13:45 GMT
    ... The government would maintain the "continuity" and "stability" of ... which contributed over 30 percent to the Chinese economy before the crisis happened, the government raised ...

  • China deals with 88 law-breaking cases involving 4t stimulus package 24 Dec 2009 10:11 GMT
    ... ...

  • In testing times, China's star rises 23 Dec 2009 07:13 GMT
    ... politically sensitive anniversaries comes to an end, Chinese leaders can breathe a sigh of relief ... the nation through perilous times. In 2008, Beijing passed through the crucible of its Olympic ... proved equal to the task, thus enhancing China's international prestige and influence as US clout ...

  • China's turn at the controls 26 Dec 2009 15:52 GMT
    ... Jackson. It is about the rise of China. For China, 2009 saw the world’s most ... advertisement on international television highlighted the way Chinese companies collaborate with foreign companies to produce ... soon as the closing ceremony of the Beijing Olympics was over, and started looking and ...

  • China Facing Economic, Financial and Stock Market Crash Scenario 18 Dec 2009 17:03 GMT
    ... Problems in China continue to mount. Money supply is growing ... scenario in the economy,” Wang Tao, a Beijing-based economist for UBS AG, said in a ... Inc. and HSBC Holdings Plc, underscore a Chinese property market that set record highs this ...

  • The US, India, China and Russia: economic heavyweights shape up for 2010 26 Dec 2009 21:12 GMT
    ... every Indian's ambition of one day overtaking China as the world's fastest growing economy. India ... not afford natural fabrics, and then cheap Chinese mobile phones to millions of poor rickshaw-wallahs ... more difficult year for policy makers in Beijing. The concern for many economists is that ...

  • Chinese economy to top Japan 27 Dec 2009 04:32 GMT
    ... China raised its 2008 growth estimate to 9.6 ... last year, the statistics bureau said in Beijing. That compares with a previous 30.067 trillion ... year ended March 2009. This year, the Chinese economy grew 8.9 percent in the third ...

  • Geely's Volvo bid highlights China's global car ambition 24 Dec 2009 22:16 GMT
    ... Geely's Volvo bid highlights China's global car ambition Customers looks at a Chinese Geely car at its outlet in Beijing in October 2009. Geely's move to buy Volvo shows that manufacturers in the world's ...

  • China revises up 2008 growth on services strength 26 Dec 2009 05:41 GMT
    ... Beijing: China has revised up its 2008 growth rate ... surprise," Zhang Xiaojing, a researcher with the Chinese Academy of Social Sciences (CASS), said. "But ...

  • China's global car ambitions in focus with Geely's Volvo buy 24 Dec 2009 22:55 GMT
    ... Chinese carmaker Geely’s move to buy Volvo shows ... auto giant Ford and Geely, one of China’s largest private carmakers, announced on Wednesday they ... said Fu Zhiyong, an auto analyst for Beijing-based Adfaith Management Consulting Inc. Xia Ping, a ...

  • China raises growth estimates; well on track to surpass Japan 25 Dec 2009 22:34 GMT
    ... buildings in Shanghai. Over the past month, China scaled back a tax exemption on property ... surprise,” Zhang Xiaojing, a researcher with the Chinese Academy of Social Sciences (CASS), said. “But ... in 2010. Yet beneath this headline stability, Beijing has started to wind down some parts ...


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Take This Poll

Are you more optimistic about the future than you were one year ago? (Dec. 22, 2009)



 

Quote of the Day

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

> China WTO News

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. 27

Foreign ministers of Britain, U.S. and USSR, meeting in Moscow, agreed on a plan to govern Korea for five years.
What year was it?

Foreign ministers of Britain, U.S. and USSR, meeting in Moscow, agreed on a plan to govern Korea for five years.
What year was it?

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