China’s stock index fell for a second day, narrowing this week’s gains, as banks and brokerages dropped on concern quickening inflation may push policy makers to boost interest rates further.
Industrial & Commercial Bank of China Ltd. led a gauge of financial stocks lower for a second day after data showed the fastest inflation in 23 [...]
Posts Tagged ‘china business’
China’s Stocks Fall on Higher Interest Rate Concerns; Banks, Brokers Drop
October 22nd, 2010 by Financial Writer
Tags: borrowers, central bank, china business, financial system, stock market
more...Changes in China Could Raise Prices Worldwide
June 7th, 2010 by Financial Writer
SHANGHAI — The cost of doing business in China is going up.
Coastal factories are raising salaries, local governments are hiking minimum wage standards and if China allows its currency, the renminbi, to appreciate against the U.S. dollar later this year, as many economists are predicting, the cost of manufacturing in China will almost certainly rise.
Although [...]
Tags: businesses, china business, china's manufacturing, economists, financial, financial system, Global Economy, global financial crisis, housing market, inflation, money
U.S. to Press China on Trade
May 19th, 2010 by Financial Writer
Treasury Secretary Timothy Geithner plans to press Chinese officials to improve the climate for U.S. companies trying to do business in China during a high-level dialogue in Beijing next week.
Mr. Geithner is expected to urge Chinese officials to reverse policies that limit the ability of foreign companies, including U.S. firms, to compete, and to argue [...]
Tags: businesses, China, china business, commerce department, economy, european union, financial, glo, Global Economy, investors, us economy
Hold your nose: garlic is best investment in China
November 27th, 2009 by Financial Writer
The price of garlic in China has nearly quadrupled since March, propelled by its very pungency to rank ahead of gold and stocks as the country’s best-performing asset this year.
The trigger for the bull run may have been the idea that the potent bulb can ward off H1N1 swine flu, Morgan Stanley economists said.
That chimes [...]
Tags: China, china business, garlic, H1N1, swine flu