The United Nations has put the East Turkestan Islamic Movement on its list of terrorist groups, Agence France-Presse reported. China said that the group, based in Xinjiang autonomous region, had killed 166 people and had links to the al-Qaeda organisation. The listing had the support of the US as well as China. US deputy secretary […]
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The admission of a few prominent entrepreneurs to the central committee of the Communist Party was one of the proposals agreed at a meeting of national leaders in Beidaihe in August for the agenda of the party congress, due to start on November 8, the Financial Times said, quoting unnamed official sources. The sources did […]
A report by the International Monetary Fund concluded that China's economic prospects remained favourable but that reforms were still needed to offset potential risks. Although China had emerged almost unscathed from the Asian financial crisis of 1997 and the recent global slowdown, reforms were needed to deal with potential vulnerabilities, such as in the financial […]
China's industrial output rose by 12.7 per cent year-on-year in August, despite widespread flooding that had been expected to slow economic growth, said the National Bureau of Statistics. The growth rate over the first eight months of the year was 12 per cent higher than in the same period of 2001. Five industries – motor […]
China's exports could grow by as much as 15 per cent this year, predicted the General Administration of Customs, despite continued concerns about the state of the world economy. At the start of the year, the government forecast export growth of 8-10 per cent. An official told Xinhua that exports could reach US$30bn in September, […]