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China's FDI grows 27.48% in May The amount of foreign direct investment (FDI) into China in May rose by 27.48 percent year-on-year to $8.13 billion, said Yao Jian, spokesman of the Ministry of Commerce (MOC), Saturday. The figure brought t...

BEIJING - China will be able to keep inflows of speculative capital under control even if the latest clarifications on its yuan policy trigger any influx of hot money, a former central bank adviser has said. The People's Bank of China, the...

BEIJING - China's central bank said Friday more flexibility would be allowed to guide money policies based upon changing circumstances if inflationary pressures increase during the economic recovery along with rising market confidence. The...

BEIJING - The People's Bank of China, China's central bank, has decided to proceed further with the reform of the Renminbi exchange rate regime to enhance the RMB exchange rate flexibility, a spokesperson of the central bank said Saturday....

A financial report by the Chinese Academy of Social Sciences predicted that by 2012 local governments' debt service ratio may hit 26.6 percent and won't fall below 20 percent before 2014, the Shanghai Securities News reported. A local gove...

An employee counts banknotes at a China Minsheng Banking Corp branch in Nanjing, Jiangsu province. [China Daily] Editor's Note: To revalue the yuan or not? This has been one of the hottest topics for the past decade and it has become an is...

BEIJING - Natural gas consumption will account for 10 percent of China's annual total primary energy consumption by 2020 from the current 3.9 percent level, PetroChina Company Limited Chairman Zhou Jiping forecast Tuesday. Related readings...

Citic Securities earned the most net profits, managed the largest assets and brought in the second-most revenues in 2009 among 106 members of the Securities Association of China (SAC), media reported today. Citic Securities realized a net...

BEIJING - China's monthly passenger vehicle sales continued to decline in May, bringing the risk of a glut to vehicle producers after they aggressively expanded production capacity in response to last year's unexpected market boom. A sales...

BEIJING: Farm produce prices in China's 36 large and medium-sized cities have fallen for five consecutive weeks, the Ministry of Commerce said Tuesday. In the week ending June 6, farm produce prices dropped 0.6 percent in those cities from...