The Chinese government Tuesday refrained from adjusting retail oil product prices in line with global crude oil fluctuations for the first time in nearly three years, sending a strong signal to the market that it believes prices may have ...
Tags: oil product, crude oil
Yesterday's U.S. interest rate adjustment narrows the scope for China to balance currency stability with economic growth. The U.S. Federal Reserve raised the benchmark interest rate by 25 basis points on Wednesday, the first increase ...
Tags: U.S.Rate, China's Policy
China's retail sales of consumer goods will see annual growth of 10.7 percent this year, the Ministry of Commerce (MOC) forecast Thursday. The domestic consumer market was stable this year and it gained momentum in recent months, said MOC ...
China National Nuclear Corporation (CNNC) made public the country's first software package tailored to its own nuclear power technology on Thursday, a crucial step for exporting nuclear construction. "This package covers the design, ...
Tags: CNNC, nuclear construction, nuclear power
The price of Australian alumina continued to drift sideways Thursday, leaving Platts daily assessment unchanged at $200/mt FOB, despite a slight slippage of Yuan 15/mt ($2.30) in Chinese domestic prices in Shanxi province. The Australian ...
Tags: alumina, Australian alumina
The announced merger between petrochemical giants Dow Chemical and DuPont will have a significant impact on the low-density polyethylene market and could be just the beginning of large-scale consolidations, an industry consultant said ...
Tags: Dow Chemical, DuPont, polyethylene, LDPE
The Asian gasoil market saw a sharp reversal in fortunes this month as higher exports from India and North Asia and weakness in Europe, despite the cold season, clamped shut arbitrage outflows from Asia, resulting in a buildup in supply ...
Tags: Gasoil, sulfur gasoil
China's climate endeavors, including its self-imposed commitments and extensive diplomatic efforts before and during the Paris climate talks, have been an indispensable part of global efforts leading to the making of final breakthrough at ...
Tags: Paris Climate Talks, greenhouse gas, global temperature
The Communist Party of China (CPC) on Monday unveiled its major economic tasks for 2016, the first year of the country's 13th Five-year Plan. To reduce housing inventories, more migrant rural workers should be issued with urban-residency ...
Tags: Economic Tasks, economic development, social development
The Chinese mainland's Taiwan affairs office on Wednesday reiterated that it opposed a potential arms deal between the United States' and the island. "We resolutely oppose any countries that sell weapons, related equipment or technology ...
Tags: arms deal, China-U.S.relations
China's central bank projected its baseline forecast for 2016 growth at 6.8 percent on Wednesday, expecting the number of positive factors to gradually increase despite downward pressure on the economy. The rate is slightly lower than the ...
Tags: Central Bank, economy
China's emerging industrial sectors, inspired by technological innovation and innovative policies, have developed rapidly in 2015. The boom in telecommunication, high-tech manufacturing, e-commerce, new energy and other emerging ...
A newly founded Chinese firm plans to invest nearly 5 billion yuan (773 million U.S. dollars) to develop and produce energy-efficient building materials in the next five years, it announced on Wednesday. China Construction Aluminum New ...
China's annual economic growth could be between 6.6 percent and 6.8 percent next year, with employment and consumer prices remaining stable, a government think tank forecast on Wednesday. However, with growing downward pressure due to ...
Tags: economic growth, GDP
A participant writes Chinese character "biang" during a Writing "Biang" event held in Xi'an, capital of Northwest China's Shaanxi province, April 13, 2014. Voting for The Chinese Character and Chinese Word of the Year 2015 launched on Nov ...