BIZCHINA
China needs to depreciate the renminbi against the US dollar to cushion the greenback's sharp appreciation.

China hopes for successful SED with US

China on Tuesday voiced hope of success for the Strategic Economic Dialogue (SED) with the United States later this week, saying that both sides will make efforts for this goal.

9% growth tipped for next year

China could next year notch up growth of 9 percent, or even above, as the country pulls out all stops to stimulate investment and consumption.

Renminbi registers biggest one-day drop against US dollar

Energy: CNPC finds new oil, gas reserves

The yuan fell for the fourth straight trading day against the US dollar after China's central bank announced the fourth interest rate cut since mid-September.

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Coca-Cola 'won't adjust Huiyuan offer'

The sudden collapse of BHP Billiton's takeover of rival Rio Tinto Group on Nov 25 may give the Chinese steel industry a vantage point in the negotiation of iron ore prices.

Property sales rebound in Beijing and Shanghai

Major Markets
Name Value Change Time
Shanghai 1,889.64 -0.26% Tue
Shenzhen 6,795.81 +0.47% Tue
HSI 13,405.85 -4.98% Tue
Nikkei 7,863.69 -6.35% Tue
Dow 8,419.09 +3.31% Tue
Nasdaq 1,449.80 +3.70% Tue
Exchange Rates
100 units of foreign currencies (12/03)
USD 685.02 HKD 88.36
EUR 869.02 JPY 7.3706
GBP 1019.41 CHF 569.82
CAD 548.88 AUD 441.41