China's Portal
Briefing
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Country Briefings provides carefully
researched aggregated information covering the economy, stock market,
politics and corporate affairs.
These extracts are from the The Economy section of
China's Briefings.
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Extract from the Briefing covering the period 09/03/2005-20/04/2005
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| Nationalism's Double-edged Sword
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| China's fragmented state coal sector is due for consolidation according to government plans. A two-day conference for foreign investors interested in the sector was held in Beijing in April. Howev...
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Extract from the Briefing covering the period 26/01/2005-08/03/2005
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| China Looks to Alternative Energy Sources ?
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| The state is to raise power prices come March or April to help power firms cope with rises in coal prices. Sources report that the electricity rate may rise by CNY0.01-0.02 (0.12-0.24 US cents) per ki...
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Extract from the Briefing covering the period 02/12/2004-25/01/2005
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| President Hu Jintao Tightens Grip on Chinese Military
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| 54 firms, including corporate luminaries such as BP, Siemens, ABB, Microsoft, Dell, Ericsson and Sony, are reported to be about to submit a report to the State Council Legislative Affairs Office, aski...
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Extract from the Briefing covering the period 21/10/2004-01/12/2004
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| Central Bank Raises Rates - More Hikes on the Way ?
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| In a bid to cool the fast-growing economy and inflation, China's central bank raised interest rates for the first time in more than nine years. The People's Bank of China raised the benchmark ...
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Extract from the Briefing covering the period 06/09/2004-20/10/2004
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| Hu Takes the Helm but Jury Out on Soft Landing
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| In a bid to reign in speculative local government investments in overheating sectors, Beijing launched into a crackdown on unauthorised steel plants and coalmines. Beijing has closed numerous steel pl...
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Extract from the Briefing covering the period 12/07/2004-05/09/2004
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| Economic Growth Expected to Slow to 9% in Third Quarter
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| The Xinhua news agency quoted the Ministry of Commerce as saying that China exported a total value of US$7.15bn worth of mobile phones in the January to July period, up 104.9% from the same period of ...
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Extract from the Briefing covering the period 27/05/2004-11/07/2004
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| Slowdown in Economy May Curb Global Expansion
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| The central bank said it would not follow any move by the US and would keep its interest rates stable. Executive assistant to the president of the central bank Zhu Xinqiang said that China's main ...
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Extract from the Briefing covering the period 15/04/2004-26/05/2004
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| Inflation is Rising
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| With the renminbi pegged to the US dollar, China ran a US$124bn bilateral trade surplus with the US last year. The consequent pressure to revalue the currency has not been lessened by China moving int...
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