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Production battles against the dark ages
Frequent power cuts caused by rising consumption and insufficient coal stocks, Wang Zhenghua and Wu Yiyao report from Zhejiang. Xu Shuhui had to tell his customers, once again, that their orders would be delayed because power cuts and blackouts had … Continue reading
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Citizens feel inflation biting hard
SHANGHAI – Lin Yibai, a 27-year-old Shanghai resident, frowns at the steamed buns in a fast food store adjacent to his workplace. Every morning he buys two buns, which costs three yuan (46 cents) for breakfast. But, from this year … Continue reading
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New yuan lending ‘still very high’ By Wang Xiaotian (China Daily)
Figure drops slightly year-on-year, but exceeds market expectations BEIJING – China’s new yuan lending in April stood at 739.6 billion yuan ($113.8 billion), 8.8 percent higher than that in March, despite frequent moves to mop up liquidity and curb inflation, … Continue reading
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The largest trade fair opens in Guangzhou
A buyer (C) examines the informations of a washing machine brand, during the 109th China Import and Export Fair, also called the Canton Fair, in Guangzhou, south China’s Guangdong Province, April 15, 2011. The Canton Fair, China’s largest trade fair … Continue reading
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