- China's stocks had the biggest weekly decline on record, dragging the benchmark index below 3,000 for the first time since April 2007, reports Bloomberg.
- The RMB has appreciated 1.6 per cent versus the dollar this quarter,
the best performance among the 10 most-traded currencies in Asia
outside Japan.
- Crude oil factory gate prices were the fastest growing sector with 30.9% last month slower than April's 37.9% followed by steel prices at 26.7% and coal prices at 24.1% reported the National Bureau of Statistics.
- China's retail sales climbed 21.6 per cent in May, holding near April's
nine-year high pace of 22 per cent growth, the Chinese government said Friday.
- The consumer price index (CPI), a key gauge of inflation, fell below
8 percent for the first time in four months, according to the National
Bureau of Statistics.
- Overseas sales rose 28.1 per cent from a year earlier, after gaining
a revised 21.9 per cent in April, announced the Customs Bureau on its
web site.
- Prices of real estate in 70 major Chinese cities rose 9.2 per cent in
May on the same month of last year, 0.9 percentage points lower than
the April level, according to the National Bureau of Statistics.
- China's oil demand has expanded by 6 per cent, and non-OECD demand over all has grown 3.1 per cent, year to date.
- Factory-gate prices rose 8.2 per cent from a year earlier, reported the National Bureau of Statistics.
- Jewelry sales rose 29.4 per cent during the month of May.
Last update : Sunday, 15 June 2008
|
|
|
Resources 
(0 vote)
