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Chinese port operator China Merchants Port Holdings has announced it will acquire an 85 percent stake in Sri Lanka's Hambantota Port for $974 million.The company has reached agreement with Sri Lanka Port Authority, t
Today is the first trading day after the new chairman of China's securities watchdog Liu Shiyu taking office. The Shanghai Composite Index jumped around one percent in early tradings on Monday.The new chief has worke
China's consumer inflation picked up its pace in January, while producer prices narrowed. According to the National Bureau of Statistics, the CPI came in at 1.8 percent year-on-year in January, compared with 1.6 perc
BEIJING - China's retail sales grew 10.7 percent year-on-year in April, official data showed Monday.In first four months, the total retail sales of consumer goods rose 10.2 percent year-on-year, 0.2 percentage points
BEIJING - China's consumer price index, a main gauge of inflation, rose 1.2 percent year on year in April, official data showed on Wednesday.The growth quickened from March's 0.9 percent expansion and February
Jiang Daming, Land and Resources Minister国土资源部部长姜大明Property registration system is under a test run. All provincial level regions, 331 prefecture-level cities and 98 percent of counties have finished the unifie
As China is soon to release its 2015 gross domestic product reading, economists anticipate a nearly 7 percent growth rate -- in line with the official target.The State Council Information Office will hold a press confere
The figures released by the National Bureau of Statistics show China posted a 6.9 percent annual growth in 2015, the lowest since 1990.The NBS said it was not a low growth, considering the headwinds China is facing. Thes
China's auto market continues to grow... the China Passenger Car Association says vehicle sales soared 16.9 percent in December from a year earlier.A total of 2.36 million passenger cars hit the road last month. For
China's top economic planner-- the National Development and Reform Commission (NDRC) has released economic data for 2015.NDRC spokesman Li Pumin said the GDP growth in the first three quarters reached 6.9 percent...a
Stocks fell around the globe on the first trading day of 2016.In Asia, China's Shanghai Composite Index plunged 6.9 percent to its lowest level in nearly three months. This triggered the circuit breaker mechanism new
Chinese continued to spend a lot overseas during the recent holiday period. It's estimated that about 160 thousand people visited South Korea over Christmas and the New Year, up 12 percent from the previous year.Data
A sell-off has swept the Chinese stock market on the very first trading day of 2016 and led to sharp falls in the market. The benchmark index of Shanghai plunged 6.86 percent, and of Shenzhen, 8.20 percent.Today also mar
China's industry growth rises while energy consumption fallsIndustrial added value is expected to rise 6 percent in 2015, though energy consumption is down 4 percent.This is according to the Ministry of Industry and
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