HONG KONG – New mortgage loans drawn down in Hong Kong totalled HK$31 billion ($US3.97 billion) in December, up 11.3 per cent from a month earlier, data from the Hong Kong Monetary Authority (HKMA) showed on Monday. The value of new mortgage loans approved in December declined by 23 per cent from the previous month [...]
Hong Kong, December 6. Designer and manufacturer of heavy industrial equipment, Changsha Zoomlion Heavy Industry Science & Technology Development, expects to draw on from 1.57 to 2.13 billion U.S. dollars during the IPO on the Hong Kong Stock Exchange. The company’s shares will be set out at a price of 13.98 to 18.98 HK dollars [...]
September 23rd, 2011 
admin For all the time of cooperation until the end of 2010, Chinese government and the companies have invested a total of $ 40 billion in various projects in 50 African countries and regions.
The funds were directed to more than 2000 enterprises.
China has become Africa’s main trading partner.
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September 22nd, 2011 admin The next 20 years the Republic of China will need five thousand aircrafts worth up to $ 600 billion.
Thus, by 2030 China will become the second largest aviation market in the world.
This is the forecast of experts from American Aircraft Corporation Boeing.
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September 20th, 2011 admin Until 2010, China has invested to $ 6 billion in the economy of the United States of America.
China ranked first in investment growth in the U.S. economy.
According to the representative of U.S. Department of Commerce Barry Johnson at the China International Trade and Investment Fair in Xiamen, from 2005 to 2010 the volume of direct Chinese investment in the U.S. economy grew by 53%.
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September 19th, 2011 admin Among Chinese connoisseurs, who can afford to spend a lot of money on items of high art, the commemorative items relating to famous films and people are especially popular.
According to European experts, for the past twenty years, the cost of such purchases by Chinese rich men has risen 10 times.
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July 20th, 2011 admin Vacations, journeys, joy…During the working period people think about, are looking forward to, arrange and finally have vacation. It’s not a secret that we appear to be all different subsequently people tend to have a great variety of tastes.
Some of us are incapable of imagining a holiday without azure sea, sandy beach, beautiful views, warm climate together with wonderful tan. Some can’t live without camps combined with long mountain trips, that include climbing, cooking in the fire as well as sleeping under the sky. Some are interested in walking through old cities and towns, arriving at the souvenir shops, observing life of local people, travelling to historical ruins belonging to different ages. Some are not interested in leaving the city These people would like to engage with all the things that they did not have the ooportunity to enjoy when they went to work e.g.
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March 18th, 2011 admin BEIJING, March 15. Radiation Situation in China after the accident at Japanese nuclear power plant caused by the earthquake, is still normal, said on Tuesday the Ministry of Environment.
“At the moment the tests conducted across the country did not reveal any irregularities in the radiation situation. All nuclear power plants are operating in normal mode,” – said in a statement of Ministry released on Tuesday. Starting from March 12, by order of the Ministry, monitoring of the radiological situation around the country has been intensified in China.
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March 17th, 2011 admin Beijing, March 16 – Chinese law enforcement officers found and detained 3,001 manufacturers of counterfeit consumer goods.
They produced a variety of counterfeit goods – from pharmaceuticals to mobile phones, including well-known brands of Nokia and Apple.
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March 16th, 2011 admin Next three days, a leak of radioactive substances after the accident at the nuclear power plant in Japan, will mainly affect central and northern Japanese island of Honshu and won’t have impact on China.
According to Xinhua, the experts of Regional Specialized Meteorological Centre of the World Meteorological Organization in Beijing came to this conclusion.
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March 10th, 2011 admin The opponents of capital punishment and human rights advocates are skeptical that the changes in the penal code would reduce the number of executions in which the Celestial Empire is firmly ranked first in the world.
Humane and unprecedented amendments to the Criminal Code in 1979 were approved on Friday at a regular session of the Standing Committee of the NPC, which ended in Beijing, according to China.org.cn.
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March 9th, 2011 admin Swedish Volvo Cars, bought by Chinese Zhejiang Geely, intends over the next five years to invest up to $ 11 billion in business expansion to double the production of vehicles.
The main emphasis, as expected, will be put on expansion in China. Analysts, however, doubt that the company will achieve its goals.
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