China will maintain macro controls in 2008, to ensure a continual growth of the economy, as well as to prevent the economy from burning out, according to a meeting conducted by the Political Bureau of the Communist Party of China (CPC) Central Committee on Tuesday..
In the meeting that was hosted by President Hu Jintao, he [...]
Amid mounting pressure from rising domestic prices, the Chinese central authorities said Tuesday it would put both overheating hazards and inflation risks at the top of its macro control targets next year.
Endeavor will be made to prevent the national economy from overheating and at the same time to avoid the evolvement of real inflation on [...]
The United States and China are advancing the bilateral economic relationship by establishing new habits of bilateral cooperation through the Strategic Economic Dialogue (SED), said a top U.S. official on Tuesday.”We have embraced a broad agenda that covers cross-cutting economic and economically consequential issues” through the framework, said Alan Holmer, special envoy for China in [...]
The country’s top statistician Xie Fuzhan has said that China’s consumer price index, a major indicator of inflation, is expected to rise 4.5 percent to 4.6 percent in 2007. Though he stated it is a moderate and tolerable amount of inflation, the figure is still higher than the 3 percent target set by the government [...]
When Xu Jianguo, the Chinese ambassador to Nigeria, visited Nnamdi Azikiwe University in Akwa in February, he didn’t come empty-handed.
Xu brought a $10,000 contribution, which was used to buy equipment ranging from camcorders to overhead projectors to facilitate teaching Chinese at the school’s new Confucius Institute, according to Sam Omenyi, its deputy vice chancellor.
The source [...]
A Chinese government fund established to manage part of China’s roughly US$1.4 trillion in foreign currency reserves is preparing to invest some of its assets in Japanese stocks, according to a media report Monday.
Entrusted with US$200 billion, China Investment Corp. was launched in late September, becoming one of the world’s richest investment funds. About one-third [...]
