|
China would be able to keep its consumer price index (CPI) at round 3 percent this year, despite relatively high inflation expectations, a senior economist said here Saturday.
The threat of inflation to China's economy is less worrisome compared with asset bubble, economists said Saturday at the China Development Forum 2010.
Housing prices in China are likely to be stable in 2010 and the number of houses to be sold will drop, an expert said at a real estate session of Boao International Tourism Forum on Saturday.
The assumption of The New York Times' Nobel laureate economist Paul Krugman that the United States benefits China more than vice versa would bring catastrophe on an unimaginable scale, a well-known US economist told Xinhua recently.
The US trade deficit with China results from a myriad of factors, and pressuring China to revalue its currency won't solve the issue, a leading US economist said today.
Central China's Hunan province said on Saturday rice on sale at its supermarkets was not genetically modified and refuted environmental group Greenpeace's accusation.
GM rice already on shelves: Greenpeace
Govt 'has an open mind' on GM food
The United States has reaped "fat profits" from China's robust purchasing power and its comparatively low labor cost, even amid the financial crisis, the Ministry of Commerce said on Friday.
Google will close its business in China next month and may announce its plans in the coming days, Chinese media reported on Friday. Comment: Google in wrong game
Representatives of 46 cities that boast the best sceneries in China gathered in Sanya Saturday to launch an alliance to boost exchanges and cooperate more on promotion and marketing.
The booming tourism industry of South China's Hainan province have made major contribution to the island' s economy and will further bolster its service sector, a senior official has said.
Wang Lifen, an ex-CCTV hostess who created the TV program Win in China, announced the launch of an online auction on the website umiwi.com selling opportunities to meet celebrities.
With more celebrities making a fortune in the Chinese stock market, the famous basketball player, Yao Ming is also getting on board. Beijing Unistrong Science & Technology Co Ltd, a high-tech firm in Beijing's Zhongguancun, issued its fundraising plan yesterday. The company plans to raise 469 million yuan through offering 30 million shares on ChiNext.
| Name | Value | Change | Time |
| Shanghai | +0.71% | Fri | 3,067.75 |
| Shenzhen | +0.95% | Fri | 12,352.92 |
| HSI | +0.19% | Fri | 21,370.82 |
| NIKKEI | +0.75% | Fri | 10,824.72 |
| Dow | -0.35% | Fri | 10,741.98 |
| Nasdaq | -0.71% | Fri | 2,374.41 |