China’s average property price rose 21% from 2007- 09
(ChinaPost.com.tw) – China’s average property prices increased 21 percent last year as compared with 2007 levels, the People’s Bank of China said in a report posted to its Web site Friday.
China’s Shanghai index may drop to 2,500, ISI says
(ChinaPost.com.tw) – China’s benchmark stock index may fall as much as 16 percent from Friday’s close, as the central bank begins raising interest rates to temper inflation, said Donald Straszheim, director of China research at International Strategy a…
Guangdong’s growth target ’signals shift in industry’
Guangdong province, the country’s economic powerhouse, has forecast a 9 percent GDP growth this year, a government work report said on Friday.
Tibet Tianlu forecasts profits to jump 850% in 2009
Tibet Tianlu Co., Ltd, a major road builder in southwest China’s Tibet Autonomous Region, Friday forecast its 2009 net profits would jump 850 percent from a year earlier.
Xiamen seen 15% rise in visitor numbers
Xiamen, a coastal city of east China’s Fujian Province, attracted 25 million tourists from home and abroad last year, up 15.1 percent from 2008.
China Life Insurance says 2009 profit may increase
(ChinaPost.com.tw) – China Life Insurance Co. said that its profit may have climbed more than 50 percent in 2009, based on unaudited estimates under Chinese accounting standards.
Shanghai Yuyuan Tourist Mart forecasts profit gains in 2009
Shanghai Yuyuan Tourist Mart Co., a major Chinese retailer, Thursday forecast a 50-percent growth in annual profits for last year.
Chinese New Year traffic to hit 2.5 billion
China’s passenger traffic is expected to reach 2.5 billion around the Chinese New Year, an increase of 7.7 percent from the previous year, an official with the National Development and Reform Commission (NDRC) said.
MSCI China falls 10% from Nov. high on loan concerns
(ChinaPost.com.tw) – The MSCI China Index fell more than 10 percent from last year’s high in November, dragging the country’s stocks into a so-called correction; on concern government measures to curb lending will derail growth.
China, Switzerland oppose trade protectionism
Visiting Chinese Vice Premier Li Keqiang met Swiss President Doris Leuthard and both sides voiced their opposition against trade protectionism.I…