From Reuters: China’s economy will probably record its fifth consecutive year of double-digit growth in 2007, the statistics bureau’s chief economist forecast on Thursday, playing down expectations of a slowdown by some economists. Yao Jingyuan, chief economist of the National Bureau of Statistics, said gross domestic product growth was expected to dip only modestly next […]
Read MoreFrom BBC News: China’s pledge to relax rules for foreign reporters covering the 2008 Olympics may extend beyond the games, a top media official has hinted. Cai Wu said he saw no need to change the policy back if the new regulations proved “beneficial”. His comments come a week before the new rules – announced […]
Read MoreA farmer carrying a chunk of pork to a market in Shuozhou of Shanxi province via www.fengniao.com
Read MoreFrom Business Week: Programs to eliminate non-tradable shares are part of what brought retail investors back to the mainland bourses. The Shanghai index is up 122% About the time that executives at HSBC Holdings in Britain were opening their Christmas stockings on Dec. 25, markets in Shanghai were closing”with shares in ICBC, or Industrial & […]
Read MoreFrom BBC News: Beijing is to invest heavily in public transport ahead of the 2008 Olympics in a bid to cut pollution, officials say. The road network is to be improved and the subway system extended, a spokesman for Beijing’s transport body said. City authorities also plan to issue new bus and rail passes, with […]
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