Saturday, March 9, 2013
China's exports surged more than 20 percent in February on-year despite the Lunar New Year holiday, data showed Friday, in another sign of recovery for the world's second-largest economy.
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China's commerce minister appealed Friday to other major governments to avoid suppressing the value of their currencies to boost exports, warning that could hurt global growth.
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The United States should be more transparent on security checks on foreign investments, China said Friday, accusing “some legislators” in developed countries of maintaining a “Cold War mentality.”
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Thursday, March 7, 2013
China's plans to curb property speculation are likely to be more bark than bite, and markets have over-reacted because of the uncertainty over how local governments will implement measures including a 20-percent capital gains tax on house sales.
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China's plans to curb property speculation are likely to be more bark than bite, and markets have over-reacted because of the uncertainty over how local governments will implement measures including a 20-percent capital gains tax on house sales.
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Wednesday, March 6, 2013
China's richest man, beverage tycoon Zong Qinghou, plans to invest in high-tech projects overseas and will continue buying trips to Europe to expand his newly launched shopping mall businesses in China.
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Tuesday, March 5, 2013
Hong Kong and China shares slumped on Monday, with the CSI300 suffering its heaviest single day loss in 28 months after Beijing hit property developers with more tightening measures to contain housing costs that were harsher than expected.
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China will overtake the United States as the world's biggest luxury car market as early as 2016, as rising incomes and desire for status boost premium auto brands, a consultancy said Monday.
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Sunday, March 3, 2013
A top central banking official announced that China is “fully prepared for a looming currency war,” state media reported on Saturday.
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