Words have to be matched by deeds if China is to take significant steps towards a stronger civil justice system. Progress is slow but this is no bad thing
Category: Economics & Trade
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Lunar ambitions unveiled
China's Lunar Exploration Programme Centre announced plans to launch a moon-orbiting satellite next April as the first step in an ambitious exploration project. The craft will be followed a few years later by a remote-controlled lunar rover that will perform experiments and send data back to earth, and, in another few years, a module that […]
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Incomes climb 10% in Q1
People's incomes are continuing to rise following a series of government initiatives to stimulate domestic consumption, according to National Bureau of Statistics figures. Urban disposable income per capita rose 10.8% year-on-year in the first quarter to US$410.78 after allowing for price rises, against an 8.6% rise in the first quarter last year. Per capita disposable […]
Japan's leading steelmakers are waiting for China, the world's leading importer of iron ore, to set a benchmark price before negotiating raw material contracts with Brazilian and Australian suppliers, the Financial Times reported. The unprecedented move comes after Nippon Steel, Asia's leading steelmaker, agreed a 71.5% price increase for iron ore from Brazil's CVRD last […]
Foreign trade could rise by more than 12% this year to US$1.6 trillion, the Ministry of Commerce has said. But increasing imports and export pressure is likely to see China's trade surplus fall on the US$101.88 billion recorded for 2005, according to Li Yushi, vice-president of the ministry's Research Institute of Foreign Trade and Economic […]