Pork exports by the Chinese mainland declined in the first eight months, largely due to high pig-raising cost, numerous raisers quitting and lingering impact from the May 12 earthquake in Sichuan province, a major pork producer.
Between January and August, China sold abroad 50,000 tons of pork for $170 million, a decrease of 52.4 percent and [...]
Fixed-assets investment in China’s logistics and related sectors amounted to 1.068 trillion yuan ($156.5 billion) in the first three quarters of this year, sources with China Federation of Logistics & Purchasing said on Saturday.
The investment grew 13.5 percent on the same period of last year, nearly 14 percentage points lower than that for the total [...]
Beijing will not restrict the purchase of private cars, as was purposed by residents, to help ease traffic jams and stem pollution, a senior official said on Wednesday.
Tags: Auto, cars
Global automakers may be hurting from a worldwide slump in sales but in China, they see a bright beacon of hope.
Tags: AUDI, Auto, Buick, car, car-maker, Chrysler, Ford, GM, Volkswagen, Volvo
Hurt by tumbling sales in many developed markets, major auto companies around the world are banking on future growth in China.
Although most carmakers are going into a mode of global contraction, they have remained confident about business prospects in China. Some of them have even embarked on ambitious expansion plans to cater for projected increase [...]
Ericsson AB and ZTE Corp are among phone-equipment makers that will be buffered against the global recession next year by the expansion of wireless networks in China and India, according to industry executives.
“Every industry in the world is cutting, but here is one where you are seeing the commitment to see the spending continue,” said [...]
