A report by the Ministry of Industry and Information Technology said the overall situation of China’s iron and steel industry will be better than last year, thanks to the steady momentum of economic recovery.
China has replaced the US to become the world’s second largest luxury goods consumer, only second to Japan, according to a report by World Luxury Association, the Overseas Edition of People’s Daily reported on Feb 10. Read the rest of this entry »
China’s consumer price index (CPI), a main gauge of inflation, rose 1.5 percent year on year in January 2010, the National Bureau of Statistics (NBS) announced. Read the rest of this entry »
The people do not have enough money to purchase western products.
False - Though the average Read the rest of this entry »
South China’s Guangxi Zhuang autonomous region and Vietnam have approved a framework agreement to establish a new cross-border economic zone in the latest effort to further boost economic Read the rest of this entry »
