China
World Bank raises China growth forecast
March 17, 2010By Peter Simpson According to The World Bank's latest quarterly report, China will again enjoy robust growth this year. But Beijing will need to adopt tighter monetary policies if it is to keep inflation in check and prevent unsustainable prices in...
BBC: China's oil demand increase 'astonishing', says IEA
March 17, 2010China's demand for oil jumped by an "astonishing" 28% in January compared with the same month a year earlier, the International Energy Agency (IEA) says. The body added that demand for oil in 2010 would be underpinned by rising demand from...
American Senators call for strong US action on China currency
March 17, 2010By Paula Wolfson Members of the U.S. Senate are pushing the Obama administration to do more to pressure China to devalue its currency. They have proposed legislation that could lead to penalties on Beijing if it refuses to float the yuan on world currency...
Expectations high on China interest rate, Yuan increases
March 17, 2010By Heda Bayron Economists and financial analysts around the world say pressure is mounting on China to raise interest rates and appreciate the yuan - after data show higher inflation. At the National People's Congress meeting that ended last week, Chinese...
Baidu share price eclipses Google's for the first time
March 17, 2010By Nikola Krastev On Monday, for the first time, the share price of the Chinese search engine Baidu eclipsed the share price of its competitor, the Internet behemoth Google. Analysts attributed the 7 percent price jump of Baidu ($593) versus...
China reaffirmed punitive sanctions against American companies
February 23, 2010By Peter Simpson The rift between China and the United States looks far from healing as Beijing reiterates its plan to punish U.S. companies following disagreements between the two countries. Beijing's anger at Washington over a range of issues from...
Moscow targets BP assets in eastern Siberia
February 22, 2010By Vladimir Socor Russian authorities threaten BP assets at Kovykta project Russia’s Natural Environment Inspectorate (RosPrirodNadzor) has recommended that BP’s joint venture in Russia, TNK-BP, be stripped of the giant Kovykta natural gas...
China surpasses Germany as world's top exporter
January 12, 2010China has edged past Germany in 2009 to become the world's top exporter. This news comes as Americans are looking into the presence of a toxic metal in children's jewelry imported from China. New numbers from China's customs agency say the country's...
$1 billion to be invested in construction of Odessa-Reni highway
November 17, 2009The Ukrainian government has included a construction of the Odessa-Reni highway to the state plan to build roads, the governor of Odessa Region, Mykola Serdyuk, said. The highway will run on the Ukrainian territory which will help to get from Odessa to...
Chisinau City Hall receives grant of $3.6 million from China
October 20, 2009Chisinau general mayor Dorin Chirtoaca said that he has recently received a set of documents from State Minister Victor Bodiu on a Chinese non-refundable grant of 3.6 million dollars (20 million yuani). The proceeds are meant for road traffic supervision...