Topic: Chinese Economy

Business Highlights

Business HighlightsFebruary wholesale prices drop 0.6 percent WASHINGTON (AP) — Prices at the wholesale level plunged in February by the largest amount in seven months as a big drop in energy prices offset higher food costs. The Labor Department said Wednesday that wholesale inflation dropped 0.6 percent in February ...
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Tentatively Ascribed to Natural Rubber is Expected to Re-up

At present, natural rubber has been the main contract of 1001, the key to an integer points close to 20,000. The author believes that the basic trend of rising natural rubber has not changed, the fundamentals are still the better, if effectively break through 20000, this will usher in ...
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China criticizes US pressure over currency

China criticizes US pressure over currency, says yuan not to blame for US deficitChina on Tuesday rejected U.S. calls to ease currency controls and said criticism would not help efforts to end the global crisis. A Commerce Ministry spokesman repeated Chinese complaints that Washington was acting unreasonably by expecting ...
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China hits back at US lawmakers on currency

China on Tuesday dismissed calls from US lawmakers for Beijing to be labelled a currency manipulator, saying the value of the yuan was not to blame for global trade imbalances. The comments echoed those by Premier Wen Jiabao at the weekend, who said Beijing would not yield to foreign pressure ...
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