-China's foreign exchange reserves were reported to have increased by approximately USD40 bn in May, which was 46.3 per cent lower than the growth in last month.
-China's domestic automobile sales may increase 15 per cent to 10 million vehicles this year, mainly on the back of strong demand for passenger cars, said a senior official of the China Association of Automobile Manufacturers.
-China surpassed Japan as the world's second largest crude oil importer in May, with crude oil import volume rising to 16,198,188 tonnes (118.25 million barrels), up 25 per cent from a year earlier, statistics from China Customs showed.
-Urban fixed asset investment, including malls and factories and
railway stations, was up 25.6 per cent in the first five months of 2008
over the same period last year, the National Bureau of Statistics said.
-The statistics bureau, which did not give a figure for May alone, put
total fixed asset investment in the first five months at RMB4 tr.
-The US Census Bureau said, the world's population is projected to
reach 7 billion in 2012 with the number of people in India on course to
exceed that in China.
-In the first four months of this year, China's iron ore imports increased by 15.1 per cent year-on-year to 150 million tonnes.
-Nissan Motor Co., sold 48,082 units in China in May 2008, up 32.6 per cent year-on-year.
-Qingdao Haier Co. Ltd. China's largest listed home appliance producer,
said it will buy 20.1 per cent stake in Hong Kong-listed Haier
Electronics Group Co. Ltd at HKD1.975 a share.
-Hainan's total external trade (export and import) for Jan-May this
year amounted to USD1.59 bn, representing a 16.1 per cent growth over
the corresponding period last year, according to local custom's newly
released statistics.
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