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Guizhou to transform rural credit cooperatives into banks
17 january 2013 Guizhou province is gearing up to transform 25 rural credit cooperatives into commercial banks by the end of the year by attracting external funds, the Shanghai Securities…
WB lowers China growth forecast
17 january 2013 Major stimulus unlikely but risk of hard landing remains small: report Growth may fall to 7.7 percent this year on the back of weak exports and slow…
Firms help create jobs in US
17 january 2013 Although US politicians often raise fears about Chinese investment stealing US jobs and posing threats to national security, analysts paint a very different picture. People…
Australia to cash in on China’s economic growth
17 january 2013 Despite the economic slowdown, China’s economic expansion plan for the 2011-15 period and its increasingly surging demand for commodities such as iron ore and coal will continue…
Dispute ‘to hit global economy’
17 january 2013 Rippling fallout from Diaoyu issue imperils world trade, experts warn The fallout from the Diaoyu Islands will have global economic consequences, experts said, as the International Monetary…
China boosts economic diplomacy
17 january 2013 The Ministry of Foreign Affairs on Tuesday established the Department of International Economic Affairs to serve economic diplomacy, which is increasingly important in China’s diplomatic blueprint. The…
China ‘strongly opposes’ US report on telecom firms
17 january 2013 BEIJING — China’s Commerce Ministry announced Tuesday it “strongly opposes” a report that alleged Chinese telecommunication companies Huawei Technologies Inc and ZTE Corp posed national security threats…
Analysts expect stronger Chinese economy
17 january 2013 Despite data showing signs of weakness, some analysts say the Chinese economy could grow stronger by the year’s end. Amid other analysts’ somewhat gloomy forecasts,…
Eurozone may look to Beijing for funds
17 january 2013 Exchanges could be held in Japan when Chinese and European financial decision-makers meet for the annual IMF and World Bank conference this week. Some observers have warned…
Premier Wen stresses poverty relief
17 january 2013 GUIYANG — Premier Wen Jiabao has urged greater efforts to alleviate poverty, preserve the environment and adjust the economic structure in Southwest China’s Guizhou province. Wen made…
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