China
ICBC expects 26-per-cent profit rise in 2006
December 29, 2006Beijing (dpa) - The Industrial and Commercial Bank of China (ICBC) expects its net profit to rise 26 per cent this year, the chairman of China's largest bank said. Jiang Jianqing said at a business seminar in Beijing that he hoped the bank's stock...
Asian Bank to help restore railway link between China and Vietnam
December 27, 2006Manila (dpa) - The Asian Development Bank (ADB) said Wednesday it had approved a 60-million-dollar loan to help rehabilitate the railway link between China and Vietnam. The Manila-based ADB said the loan would finance the upgrade of the 285-kilometre...
Singapore firms view China as country with best business prospects
December 18, 2006Singapore (dpa) - China emerged as the country with the best business prospects followed by Malaysia and the United Arab Emirates (UAE), a survey of companies in Singapore said on Monday. The Business Climate Survey, which polled 111 firms, found...
US urges faster economic reform in China
December 15, 2006Beijing (dpa) - The United States on Friday urged China to speed up economic reform as a way to reduce its trade surplus and boost domestic consumption, highlighting currency exchange as a "core issue". US Treasury Secretary Henry Paulson...
China, US "agree on principles" in economic dialogue
December 15, 2006Beijing (dpa) - China and the United States ended a two-day "strategic economic dialogue" on Friday, saying they reached consensus on several issues. "It is important and encouraging that we have agreed on so many principles in the...
US pushes China on currency, trade Eds: Releads with quotes from US
December 14, 2006Beijing (dpa) - US Treasury Secretary Henry Paulson on Thursday urged China to open its markets wider to US imports and allow more appreciation of its renminbi currency, which critics say remains undervalued and allows cheaper Chinese exports. The...
