Commodity imports shows China economy resilient »

Commodity imports shows China economy resilient

By Fayen Wong
SHANGHAI | Sat Sep 10, 2011 3:48am EDT

SHANGHAI (Reuters) – China’s key commodity imports, including crude oil, copper and iron ore, all climbed in August from the previous month, adding to evidence that demand in world’s second-largest economy was still going strong despite the [...]

Exclusive: China c.bank withdraws 20 bln yuan from state lenders »

Exclusive: China c.bank withdraws 20 bln yuan from state lenders

BEIJING | Fri Sep 9, 2011 4:49am EDT

BEIJING (Reuters) – China’s central bank has withdrawn at least 20 billion yuan ($3 billion) from some state-owned lenders via designated central bank bills, banking sources told Reuters on Friday.

State banks, including Industrial and Commercial Bank of China (1398.HK), [...]

Fitch warns of downgrades for China, Japan »

Fitch warns of downgrades for China, Japan

By Jonathan Standing
TAIPEI | Thu Sep 8, 2011 6:05am EDT

TAIPEI (Reuters) – Fitch Ratings warned on Thursday that it might downgrade China’s credit rating within two years as the country’s banks struggle with debt loads following a lending surge to help lift the economy during the [...]

China central bank: No timetable for full yuan convertibility »

China central bank: No timetable for full yuan convertibility

LONDON | Thu Sep 8, 2011 7:21am EDT

LONDON (Reuters) – China has no timetable for the full convertibility of its currency though it plans to make the yuan convertible on the capital account eventually, the country’s central bank chief said on Thursday.

“China has published a plan [...]

Ford, Mazda aim to break up 3-way China JV: sources »

Ford, Mazda aim to break up 3-way China JV: sources

SHANGHAI (Reuters) – Ford Motor and its China venture partners, Mazda Motor Corp and Chongqing Changan Automobile Co, are seeking Chinese government approval to end their three-way tie up, two sources said on Thursday.

Deals  |  China

Ford and Mazda both plan to set up their own separate joint ventures with Changan, a move which will give the automakers [...]

China should let yuan appreciate: EU’s Rehn »

China should let yuan appreciate: EU’s Rehn

MADRID (Reuters) – China should let its yuan currency appreciate to help ease imbalances in the global economy, European Economic and Monetary Affairs Commissioner Olli Rehn said on Saturday.

China

The yuan, or renminbi, is pegged to the U.S. dollar and European policymakers generally believe it is undervalued, giving China a trade advantage and creating savings and [...]

China’s March GDP & Industrial Production »

China’s March GDP & Industrial Production

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China factories crank up as demand rises »

China factories crank up as demand rises

BEIJING (Reuters) – Factories in China and India cranked up production in March and Japanese business morale rose to its highest in more than a year on signs of improving global demand, boosting hopes for a sustainable economic recovery.

China  |  Japan

Similar manufacturing surveys later on Thursday were expected to show activity in the United States, Europe and [...]

China warns Australia over criticism of Rio trial »

China warns Australia over criticism of Rio trial

CANBERRA/BEIJING (Reuters) – China warned Australia not to make “irresponsible” comments about the trial of four employees of mining firm Rio Tinto after Canberra said the trial had left questions about China’s legal system.

World  |  China

The verbal sparring over the conviction of Australian citizen Stern Hu and three colleagues underlined foreign investors’ concerns about legal transparency in [...]

Google to phase out China search partnerships »

Google to phase out China search partnerships

(Reuters) – Two day after shutting its Chinese portal over censorship, Google Inc said it plans to phase out deals to provide filtered search services to other online or mobile firms in China.
It has already been shunned by at least one of those partner firms and was attacked by a state newspaper after pulling [...]