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China exceeds 8% growth by the end of Sept: official2009-10-12 8:47:47
China's economic growth rate exceeded eight percent by the end of September, Liu Mingkang,the chairman of the country's banking regulatory commission was quoted as saying on Friday.But Liu said the global crisis "isn't behind us yet" and it was too soon to start talking about an exit strategy from the government's massive stimulus measures, Dow Jones Newswires reported.Liu was speaking a
Trade, climate top US-China agenda2009-10-10 8:48:18
The White House announced on Thursday that President Barack Obama's first trip to Asia as president will begin in Japan and take him to Singapore, China and the Republic of Korea.But the US president will not visit Indonesia, his home for four years when he was a child.Obama will be in Beijing and Shanghai between Nov 15 and 18.During the China leg, President Hu Jintao will likely urge h
Over 100 Kenyan businessmen to visit China2009-10-9 8:56:23
Over 100 Kenyan investors are set to visit China in mid-October to explore investment opportunities in the Asian nation, trip organizers said on Friday.The trip, sponsored by the Kenya Commercial Bank (KCB), aims at exposing the bank's small and medium-size entrepreneurs and real estate developers to international business and enabling them to learn from more established counterparts in the emergi
China's export to see slight growth in Q42009-10-8 9:25:03
Asian Development Bank predicted that China's export was likely to switch from negative to positive growth in the fourth quarter this year. The welcome change was led by the stimulus policies taken by the Chinese government to boost its export in the wake of economic downturn, such as raising export tax rebates and expanding export credit insurance, the bank said.The report said Chi
China boosts int'l use of renminbi with bond sale in HK2009-10-7 9:35:45
The launch of Renminbi sovereign bonds in Hong Kong on Monday shows China's efforts to boost the international use of the yuan step by step, officials and analysts said.The bond issue, worth only 6 billion yuan ($878.5 million), marked a key milestone in the internationalization of the renminbi.Hong Kong was chosen for, and will benefit from, the milestone bond sale thanks to its unique position a
China's COSCO takes over container business at Greek port2009-10-7 9:34:14
The Greek Piraeus Port Authority on Wednesday signed an agreement on transferring the operation of Piraeus container terminals to China's COSCO Pacific Ltd.From Thursday on, Pier 2 and Pier 3 of Piraeus Container Terminals will be under COSCO management for 35 years, according to the agreement.Chief representative of COSCO in Greece said the two sides would work together to build modern container
China remains firm on renminbi policy2009-10-7 9:27:54
China will stick to its current exchange rate policy and aim to maintain market stability, Yi Gang, a central bank official, said on Saturday. "Our exchange rate policy is very clear," the deputy central bank governor said on the sidelines of an International Monetary Fund (IMF) meeting in Turkey.Asked whether China had been facing more pressure from other countries to let

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