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- COMMODITIES
- China Becomes World's Biggest Market For Gold
- According to a report released by World Gold Council, despite the total global demand for gold slipping 9 percent in the second quarter, China’s appetite for gold grew by 9 percent over the same period.
- The Beijing News | 2009-08-21
- INDUSTRY
- China To Provide 6 Billion Yuan Worth of Support t...
- China plans to increase financial support and subsidies to small- and medium-size enterprises in the second half of this year. Of the 6 billion yuan of funds on offer, 80 percent will be devoted to small enterprises.
- 21st Century Business Herald | 2009-08-21
- INDUSTRY
- China Reveals Plan To Rejuvenate North East
- China has announced plans to rejuvenate the northeastern region of the country. In a meeting presided over by Premier Wen Jiabao, the State Council agreed to a series of measures aimed at transforming the regions economy.
- Security Times | 2009-08-20
- BONDS
- China's Reserves of U.S. Bonds Down in June
- China reduced the amount of U.S. government bonds it holds by 25.1 billion dollars in June 2009, this is the second reduction in three months. The U.S. treasury disclosed on Monday that at the end of June, China held 776.4 billion US dollars worth of U.S.'s government bonds, far below the record high of 801.5 billion US dollars achieved in May.
- Shanghai Security News | 2009-08-20
- COMMUNICATIONS
- MSN Down Due to Earthquake in Taiwan
- Official reports have blamed the interruption of MSN instant messaging services in Beijing and Shanghai on August 17 and 18 on an earthquake in Taiwan which was said to have damaged underwater cables.
- Changjiang Times | 2009-08-20
- TRADE
- Ministry of Commerce Predicts Export Growth
- At a regular press conference held on August 17, Yao Jian, the spokesman of the Ministry of Commerce, predicted that China's exports would experience positive month-on-month growth in the second half of the year.
- China Economic Times | 2009-08-20
- REAL ESTATE
- Guangzhou Auctions Government Land Set Aside for A...
- Guangzhou municipal government has re-auctioned two plots of land which had originally been set aside for an affordable housing program aimed at making homes more affordable for middle-and-low income families. The two plots sold for 241 million yuan and will now be developed as mixed commercial and residential projects.
- Southern Metropolis Daily | 2009-08-20
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Briefs
- 6.4-Magnitude Quake Rocks West China
- A 6.4-magnitude earthquake struck China's western Qinghai province earlier this morning.
- Source:China Earthquake Networks Center
- End of an Era: China Wipes Crime of Speculation from the Books
- China's top legislature is considerring removing outdated laws relating to the crime of speculation, a throwback to the days of China's planned economy, from the country's law books.
- Source:National People
- TAX
- Taxing Times
- China's tax bureau aims to collect an additional 100 billion in tax before the end of the ...
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Is investment from SOEs in the property market causing housing prices to rise?
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