China

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China Developers do Better This Time

China Developers do Better This Time

Asian markets ended higher on Friday, after Wall Street's humble gains on Thursday, with exporters supporting the Tokyo market on the yen's withdrawal, while property developers outdo in China.

Rio Trial Leads to Strained China, Australia Trade Relationships

Rio Trial Leads to Strained China, Australia Trade Relationships

Rio Executives, Stern Hu, an Australian, and three Chinese colleagues, have spent seven months in custody after they were arrested last July. They were originally charged for a capital offence of obtaining confidential state secrets.

Share Prices in Hong Kong Decline as Speculation over Greek and Chinese Debt Crisis Increases

Share Prices in Hong Kong Decline as Speculation over Greek and Chinese Debt Cri

Greece's debt crisis and probable credit tightening in China prevailed over the stock market, and share prices in HK fell as a result. The market in Hong Kong has been affected by the negativity in China and Greece.

Hang Seng Index fell 0.25 percent. Turnover declined to HK$61.7 billion ($$7.9 billion) from HK$65.9 billion on Wednesday.

China Handed a Rosy Forecast By World Bank

China Handed a Rosy Forecast By World Bank

While acknowledging the impediments posed by burgeoning inflation, the World Bank in its quarterly estimate of Chinese economic conditions raised its growth forecast of the giant Asian economy from previous 9 per cent to a 9.5 per cent.

Do not Push China on Currency, says UK Foreign Secretary

Do not Push China on Currency, says UK Foreign Secretary

The Chinese state radio on Tuesday reported that U. K. Foreign Secretary David Miliband has warned not to pressurize China regarding the issue of currency exchange rates. This was stated two days after Premier Wen Jiabao said that external pressure on the currency was obstructing Beijing currency improvements.

Google Likely to Close its Site in China

Google Likely to Close its Site in China

The probability of Google closing its China site Google. cn, in view of the rising hacking and censorship in the country, are now high, the analysts at Analysys International have expressed the fear of a heavy loss in terms of technological advantages.

Google Certain to Shut Down China Search Engine

China Search Engine

On Saturday, the Financial Times reported that the world’s leading search engine, Google is now “99.9%” sure to shut its Chinese search engine after a long battle with China over censorship.

Google has decided to remain silent on this issue and refused to give any details on discussion with the Chinese Government.

China’s Central Bank Cites that Stronger Yuan Won’t Back U.S. Trade

China’s Central Bank Cites that Stronger Yuan Won’t Back U.S. Trade

China's central bank cited that a stronger yuan won't help curb the imbalance in trade between China and the U. S. after President Barack Obama repeatedly called for the Asian nation to move to a "market-oriented exchange rate."

China Hits Big on the Exports Front One More Time

China Hits Big on the Exports Front One More Time

China is rejoicing yet again, with official figures revealing that the country's exports managed to climb by 46% during the month of February. Not only has this been a good news for China, but the whole world, as the rise signifies a strong recovery in global trade after the deep slump which had been a result of the global financial crisis.

US Closely Looking at China Internet Censorship Case

China Internet Censorship Case

Reports have revealed that the United States is closely studying whether it can legally challenge the restrictions that China imposes in terms of Internet that recently ended up hurting Google and various other US companies operating across the country. On Tuesday, however, a top US trade official stressed that better result would be yielded if direct talks are carried out with Beijing.

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