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Fund companies make $48b in 10 yrs 05/21/2012
by Chinadaily.com.cnTopic: Economics
China's fund companies have made a total profit of 303.4 billion yuan ($48 billion) for investors within the years between 2001 and 2011 - 2.76 billion yuan on average every year, according to the statistics provided by Wind Information Co Ltd, a leading provider of economic data and financial information.
The fund companies have withdrawn about 164.6 billion yuan of management ...Read More
China's economy growth a controlled slowdown 05/21/2012
by Chinaview.cnTopic: Economics
In the last two weeks, the economic data released by the National Bureau of Statistics have prompted some west media and analysts’ speculation that China’s economy has yet to bottom.

However, they neglected some positive signals and the fact that the decelerated growth rate is the anticipated consequence of the government’s active control as China ...Read More
Retailers urged to seek intensive growth, differentiation 05/13/2012
by People.com.cnTopic: Economics
Chinese retailers should seek intensive growth and differentiation instead of expansion amid a sagging economy and falling consumer confidence, analysts and insiders warned yesterday as the sector faces slumping growth. 

The country's retail sales climbed 14.1 percent year-on-year to 1.56 trillion yuan ($247.8 billion) in April, the slowest increase in the ...Read More
Macao hotel occupancy rate at 85.6% in March 05/13/2012
by Chinadaily.com.cnTopic: Statistics
MACAO - The average occupancy rate of Macao's hotels reached 85.6 percent in March 2012, with four-star hotels leading at 89.5 percent, according to figures released on Monday by the city's Statistics and Census Service (DSEC).
A total of 760,416 guests checked into local hotels and guest-houses in March 2012, up by 12.2 percent year-on-year. However, the average length of s ...Read More
Listed companies forecast sluggish H1 05/13/2012
by Chinadaily.com.cnTopic: Economics
Of the 845 listed companies on Shenzhen and Shanghai stock exchanges that have released their financial performance forecast in the first half of 2012, 45.4 percent of them reported a fall or a loss in earnings and 7.9 percent of them are expected to suffer losses for the first time, according to statistics ending on May 13 from Wind Information Co Ltd, a leading provider of financial statist ...Read More
Global economy looking to China to lift growth 05/07/2012
by Chinadaily.com.cnTopic: Economics
With the United States struggling through a soft patch and Europe battling recession, China may come to the rescue by demonstrating a resilience that would provide comfort in a sea of economic uncertainty.
China, the world's second largest economy, is looking ever more vital to maintaining global economic momentum, and a raft of data to be released this week is expected to provi ...Read More
Economic activity picking up in China 05/07/2012
by People.com.cnTopic: Economics
China’s Purchasing Managers’ Index (PMI) rose 0.2 percentage points to 53.3 in April, above its level a year earlier, according to statistics jointly released by the China Federation of Logistics and Purchasing (CFLP) and the National Bureau of Statistics' Services Survey Center on May 1. It was the index’s fifth straight monthly increase, indicating that the country&rsq ...Read More
Macao's visitor arrivals up 7.3% in March 04/26/2012
by Chinadaily.com.cnTopic: Statistics
Macao's visitor arrivals in March this year reached 2,349,703, up 7.3 percent over the same month of 2011, according to figures released on Wednesday by the city's Statistics and Census Service (DSEC).
The figure showed that visitors from the Chinese mainland increased by 15.4 percent year on year to 1.44 million, with 555,876 traveling to Macao under the Individual Visit Sc ...Read More
Beijing receives 44m tourists in Q1 04/26/2012
by Chinadaily.com.cnTopic: Economics
Beijing received 43.7 million tourists in the first quarter of 2012, up 9.3 percent from the same period last year, new figures have showed.
Of the total, 42.7 million were domestic tourists while one million were from overseas, the local statistics bureau said in a statement.
The tourists brought the city 69.2 billion yuan ($11 billion) in revenues, an annual increase of ...Read More
Corporate results underscore economic slowdown 04/26/2012
by Chinadaily.com.cnTopic: Economics
Most listed companies in China are reporting weaker first-quarter results, demonstrating that economic growth is losing momentum.
By Sunday, 713 listed companies had released their first-quarter results, with 328 reporting lower profits and 118 registering losses.
This week, another 1,677 companies are set to give first-quarter results, with 299 having earlier estimated lo ...Read More
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