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Source: Global Times – Agencies Published: May 07, 2012 00:35
Construction on a heavy-haul railway that will link major coal producers in Shanxi Province with a sea outlet in East China's Shandong Province began Saturday.
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Source: Global Times Published: May 07, 2012 00:30
Chongqing’s investment-driven growth model involving large debt borrowing has accumulated considerable default risks in its financial system, which can turn into a crisis during the current economic downturn, an economist said yesterday.
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Source: Global Times Published: May 07, 2012 00:30
Export transactions declined at the country’s largest trade fair, which concluded over the weekend, underscoring the gloomy export outlook and a need to reform the country’s rebate policies to reduce the burden on exporters, analysts said yesterday.
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Source: Global Times – Agencies Published: May 07, 2012 00:30
China wants energy-efficient buildings to account for 30 percent of all new construction projects by 2020 to bring its building energy consumption ratio closer to that of developed countries, the Xinhua News Agency reported yesterday citing government documents.
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Source: Global Times Published: May 07, 2012 00:25
Coca-Cola has started to offer exchanges and refunds for chlorine-tainted products that were produced at the bottling plant of its North China arm, Shanxi Beverages Co, said a statement sent to the Global Times yesterday, as the US beverage giant scrambled to repair its brand image following the rec...
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Source: Global Times Published: May 07, 2012 00:25
In a bid to boost local ore processing, Indonesia yesterday began to impose export taxes on some raw minerals, a move experts said will put pressure on Chinese steel makers and push them to look at other sources.
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Source: Global Times – Agencies Published: May 07, 2012 00:25
China will raise foreign ownership limits in domestic joint venture securities firms and allow them to trade commodities and financial futures in a move to further liberalize the country’s capital markets, a senior US official said over the weekend. But Chinese official media has not reported ...
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Source: Global Times Published: May 06, 2012 22:25
Chinese agricultural futures will likely hold steady today after key commodities posted gains despite disappointing US jobs data, falling equities and the collapse in crude oil prices after the Chinese mainland markets closed Friday.
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Source: Global Times Published: May 06, 2012 22:25
Although a series of positive policy moves sent the Chinese mainland stock markets up during the first week of May, it is still too early to confirm the start of a bull market, with trading volume and the macroeconomic climate likely to become the two most important factors determining how long the ...
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Source: Global Times Published: May 06, 2012 22:25
Banks in China sold 1,668 wealth management products (WMPs) in April, down 16.31 percent month-on-month, according to the latest figures from bankrate.com.cn, an information provider for the country’s banking industry.
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