Yuan breaks 7.15 mark against U.S. dollar
Saturday, February 23, 2008
The Chinese currency recorded a new high on Wednesday, with a central parity rate of 7.1452 yuan against one U.S. dollar, the 17th high for the yuan since the beginning of this year. The yuan, also known as the renminbi, ...
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Nokia cements position in Greater China market
Saturday, February 23, 2008
Nokia, the world's top mobile phone maker, racked up sales and exports from Greater China worth more than Euro12 billion last year, with exports growing 30 per cent to reach Euro 6.2 billion. Nokia sold 70.7 million ...
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Voices on 2008 outlook for China's economy
Saturday, February 23, 2008
China's economy is up against a triple threat of weakening global growth, possible domestic overheating and the catastrophic impact of recent severe weather. It should still record high growth this year, according to anal ...
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Consultant: China's online B2B transaction volume tops two trillion yuan in 2007
Tuesday, February 19, 2008
Transaction volume of China's online business-to-business (B2B) jumped 65.9 percent year on year to 2.1 trillion yuan (about 295.4 billion U.S. dollars) in 2007, according to a report released by i Research Inc., a well-known consulting firm ...
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Cathay Pacific, Finnair to cooperate on services
Tuesday, February 19, 2008
The Hong Kong-based Cathay Pacific and Finland's Finnair announced Wednesday a new code-share arrangement that will see the two airlines cooperate on flights between Helsinki and three key European hubs. The agreement als ...
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China's yuan breaks 7.18 mark against U.S. dollar
Tuesday, February 19, 2008
China's currency, the yuan, climbed 127 basis points to a central parity of 7.1763 yuan to one U.S. dollar on Friday, breaking the 7.18 mark for the first time. It was the 14th new high against the dollar this year. The y ...
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World Bank cuts 2008 GDP growth for China to 9.6%
Sunday, February 10, 2008
The World Bank cut its forecast for China's 2008 economic growth to 9.6 percent in a report released recently, 1.2 percentage points lower than an earlier estimate of 10.8 percent.
In the newly-released China Quarterly U ...
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Celebration of Chinese New year held in Helsinki
Sunday, February 10, 2008
On Feb.6, a big celebration of Chinese New year was held in Lasipalatsi Square, Helsinki.
Chinese traditional activities, e.g, Dragon Dance, Yangge Dance, festival celebrating songs, were performed. Chinese new years’ fo ...
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Economist: Economic toll of snow will be temporary
Saturday, February 02, 2008
Three weeks of snow across most of China have "taken a toll on the economy" but the impact will dissipate over the full year, according to renowned economist Fan Gang.
Fan, director of China's National Institut ...
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Lenovo to sell handset division
Saturday, February 02, 2008
After six years of struggle, Lenovo, the world's fourth-largest computer vendor, has retreated from the strategic but brutally competitive mobile phone business.
In an announcement accompanying quarterly results showing ...
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