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Chinese Ambassador to India attends the award ceremony of the 20th 'Chinese Bridge' Chinese Proficiency Competition for Foreign University Students (India) globaltimes.cn - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from globaltimes.cn Daily Mail and Mail on Sunday newspapers.
China's meddling cools but can't reverse hot commodity prices | Hellenic Shipping News Worldwide hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.
China s factory gate price growth remains high for manufacturers Key commodity prices hold near multi-year highs SHANGHAI, Aug 4 (Reuters) - A slew of measures by Chinese authorities to tame soaring raw material costs has had only a fleeting effect, leaving the world s largest manufacturing base facing the harsh reality of substantially higher input costs for the foreseeable future. China s enormous manufacturing industry, population and fast-growing economy mean it has uniquely large commodity requirements that substantially exceed domestic output. The recent boom in the price of everything from copper to coal has pushed the country s producer prices up by the most since 2008 and dragged on its recovery from the coronavirus pandemic. ....
6 Min Read SHANGHAI (Reuters) - A slew of measures by Chinese authorities to tame soaring raw material costs has had only a fleeting effect, leaving the world’s largest manufacturing base facing the harsh reality of substantially higher input costs for the foreseeable future. FILE PHOTO: China National Petroleum Corporation (CNPC) s Dalian Petrochemical Corp refinery is seen near the downtown of Dalian in Liaoning province, China July 17, 2018. REUTERS/Chen Aizhu/File Photo China’s enormous manufacturing industry, population and fast-growing economy mean it has uniquely large commodity requirements that substantially exceed domestic output. The recent boom in the price of everything from copper to coal has pushed the country’s producer prices up by the most since 2008 and dragged on its recovery from the coronavirus pandemic. ....
Real economy to get greater policy boost 1 2021-07-09 08:39:51China Daily Editor : Li Yan ECNS App Download An employee polishes steel products at a Baowu Steel production facility in Maanshan, Anhui province, on March 5. (LUO JISHENG/FOR CHINA DAILY) Enterprises to benefit from reduction in fees of payment services, official says China has stepped up policy support to spur economic growth and help vulnerable smaller and private businesses, as policymakers consider channeling more funds into the market by cutting the reserve requirement ratio for financial institutions. The country will adopt monetary tools such as cutting the RRR, which is the cash amount that financial institutions are required to deposit in the central bank, to increase the financial support for the real economy, according to a State Council executive meeting chaired by Premier Li Keqiang on Wednesday. ....