Wenwen Meng

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China GDP seen rising 9.8 pct in 2011 - think tank

China's gross domestic product is expected to grow 9.8 percent in 2011, with inflation likely to stand at around 3.7 percent for the year, the official China News Service said, citing a government think tank.

Big powers leave Iran nuclear talks empty-handed

World powers failed to prise any change from Iran in two days of talks on its nuclear program, with the EU and United States calling the discussions disappointing and saying no further meetings were planned.

Hu's U.S. visit sets new tone but tensions remain

Chinese President Hu Jintao headed home on Friday after a U.S. visit both sides declared a success, but which left questions over how the world's top two economic powers will manage future frictions.

China media lauds Hu's U.S. visit as masterstroke

Chinese media praised President Hu Jintao's visit to the United States on Friday as a diplomatic masterstroke in easing tensions, but reports largely ignored thornier questions of currency and human rights.

China knows yuan move in its interest, Biden says

China understands a stronger yuan is in its best interest although President Hu Jintao made no specific commitment to let the currency rise more rapidly, U.S. Vice President Joe Biden told Reuters on Thursday.

Hu says China no threat, seeks win-win US ties

Chinese President Hu Jintao on Thursday called for closer U.S.-China cooperation on economic and security issues, especially in the Asia Pacific region where both countries have strong interests.

China's PICC Group plans to list within 5 yrs

China's PICC Group, the country's top non-life insurer, plans to list within five years and double the group's revenue in that period with total assets exceeding 1.5 trillion yuan, a newspaper reported on Thursday.

China 7-day repo rate up 194 bps on money squeeze

China's benchmark short-term money market rate spiked 194 basis points on Thursday, heading for its biggest single-day rise in history, hit by cash calls for the payment to meet the official increase in bank reserve requirement ratios (RRR) and the coming Lunar New Year.

China ends year with fast growth, slower inflation

China finished 2010 with a bang, its growth soaring past expectations while inflation slowed just a touch, numbers that could prod the government to ratchet up its easy-does-it approach to tightening.

China to auction 8 shale gas blocks in Q1

China will auction eight shale gas exploration blocks in the first quarter of this year, an expanded plan for China's first such auction, which was originally expected in November, a ministry official said on Thursday.

GE CEO says equal access in China crucial

General Electric Co chief executive Jeffrey Immelt said on Wednesday he wants the United States and China to open their borders for truly free trade between the world's top two economies, rather than hiding behind protectionist walls.

Obama pushes Hu on China's currency, rights

President Barack Obama urged Chinese President Hu Jintao to let the value of China's yuan currency rise and delivered a strong message on U.S. concerns over Beijing's human rights record at a summit on Wednesday.

Obama presses China's Hu on currency, rights

President Barack Obama pressed Chinese President Hu Jintao on Wednesday to let the value of China's currency rise and delivered a stern message on U.S. concerns over Beijing's human rights record.

Hu concedes China needs human rights improvements

Chinese President Hu Jintao, asked a second time about human rights at a Washington news conference, said a lot still needs to be done in China on rights while insisting enormous progress has been made.

China winter weather latest developments

Harsh winter weather across parts of China could disrupt transport and strain energy supplies. Here is a summary of major weather developments and their impact.

China says 5 more years of U.S.-Sino panda diplomacy

China is extending its so-called panda diplomacy agreement with the United States, letting giant pandas stay at the Washington national zoo for another five years, a Chinese conservation official said on Wednesday.

U.S., Chinese companies to meet with Hu and Obama

Executives from General Electric, Microsoft, Goldman Sachs, Coca-Cola, Boeing, Intel and Carlyle Group will be among U.S. business leaders at a meeting on Wednesday hosted by U.S. President Barack Obama with Chinese President Hu Jintao, a White House official said.

HK stocks seen up, China data keeps investors wary

Hong Kong stocks are set to rise on Wednesday following a higher close on Wall Street which was supported by commodity-related counters and strong earnings from technology bellwethers Apple (AAPL.O) and IBM (IBM.N).

Obama pressured to speak out on China human rights

U.S. President Barack Obama came under increasing pressure on Tuesday to publicly speak out against Beijing's harsh treatment of political and religious dissidents during a state visit this week by Chinese President Hu Jintao.

U.S. executives to meet China's Hu in Washington

Chinese President Hu Jintao and President Barack Obama will meet with U.S. and Chinese business leaders at the White House on Wednesday to discuss ways to expand trade and investment opportunities, with the U.S. executives seeking deals to tap into China's economic growth.

Analysts optimistic of Apple's Q1 2011 earnings despite Jobs' leave

Apple Inc., the world's most valuable technology company, is set to report earnings for its Q1 of 2011 after the close. While focus on Steve Jobs' health and leave of absence will likely put pressure on Apple shares, analysts believe the Apple's quarterly performance is still intact.

Economy, Korea on agenda for Obama-Hu summit

U.S. President Barack Obama will host Chinese President Hu Jintao for a state visit on Tuesday in a crucial summit of the world's two biggest powers that some analysts have called the most important since Deng Xiaoping's visit 30 years ago.

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