While July's rebound in China's trade surplus to $31 billion is likely to spark new recriminations on whether the undervalued yuan is to blame, new research shows that China is far from the culprit, asserts a blog in the Wall Street Journal on Aug 10.
According to data on every country's gold reserves recently issued by World Gold Council, the United States’ gold reserves are 8,133.5 tons, accounting for 26.49 percent of the world’s total, and the Untied States is still the largest gold reserve country.
Prices of newly-built and second-hand homes stopped elevating in most Chinese cities in July, official statistics say, effectively removing one of the biggest risks periling the world's second largest economy.
The continued strong growth of the Chinese economy is not guaranteed, but it is not in the best interest of the United States to expect China to fail.
China's northwestern Qinghai province will spend 20 billion on prospecting under the 12th Five-Year Plan (2011-2015), a senior official said.
The business of wind would appear to be a win-win situation for alternative energy investors, the Chinese government and domestic electricity consumers. Yet, some financial turbulence has blown into China's wind energy sector in recent months.
Developers will be forced to set the price of housing before bidding for a piece of land in a pilot scheme being tested in the capital to curb soaring property prices, Beijing News reported.
A report in Japanese newspaper Sankei Shimbun said recently that the Beijing-Shanghai high-speed railway was a cheap copy of Shinkansen. This is second time that the paper has accused China of violating patent laws, says an article in Guangzhou Daily.
The rise in China’s income tax threshold may bar more people from buying real estate, Beijing Times reported on Friday.
More than 230,000 foreign employees with work permits are expected to benefit from upcoming changes to China's Social Insurance Law.