Four international flu experts will arrive in China within days to help authorities respond to the country’s widening bird-flu emergency, according to two people familiar with the matter.
Beijing confirmed that a 7-year-old girl has H7N9 avian influenza and Henan province reported its first two cases, opening a new front in the spread of the virus in the world’s most populous nation.
China’s property market may be heading into a bubble as the economy’s reliance on real estate reaches a level close to the housing peaks in the U.S. and Japan, according to Citigroup Inc.
China’s trade surplus widened more than forecast to $22.3 billion in June, the highest level in seven months, as imports grew at the slowest pace since 2009.
Yu Jiang looks into the front window at his two-bedroom apartment in the center of Kangbashi, in China’s Inner Mongolia, and says he may buy another. The place has been empty for three years, as are as many as 90 percent of the units near it.
In a hard hat and muddy boots, Ren Jinbo sits below a half-finished railway bridge, happy to be back mixing cement in the central Chinese city of Changsha.
China’s premier-designate is famed for running a province that saw three fatal conflagrations and an enduring HIV blood scandal on his watch. The nation may be hoping his luck has changed.
U.S. investors are “in no hurry” to buy China’s stocks on concern earnings will slump further as the economy slows and policy makers refrain from adding stimulus measures, according to Citigroup Inc.
China will slow the pace of interest- rate increases and yuan gains as inflation levels off and the faltering expansion in the U.S. and Europe threatens export growth, derivatives contracts show.
China’s policy “fine-tuning” has supported a rebound in the nation’s stocks and may spark a year- end rally, Citigroup Inc. said.
"The majority of investors seemingly are sidelined and are in no hurry to participate, even if it means missing an initial 10 percent run."
- Shen Minggao on Oct 08, 2012