Thread: Chinese Economy Watch

‘China finds Asia’s largest iron ore deposit’ Thursday, June 25, 2009 BEIJING: China said on Wednesday it had found a new iron ore deposit in northeastern Liaoning province that state media has described as the largest in Asia. “We did find an iron ore deposit there,” an official with the land and resources ministry, who declined to be named, told AFP. He refused to give further details, but the official China News Service said on...

China starts to build petroleum reserve base in its northwest - People's Daily Online Dec 31 2009 China has launched the construction of a national petroleum reserve base in northwest China's Gansu Province. The reserve base, located in Yongdeng County of Lanzhou City, has a capacity of three million cubic meters, said an official with Lanzhou Petrochemical Company of China National Petroleum Corporation (CNPC). Construction of the...

Quote: Originally Posted by Gucci Juice ^ ya if they have so much say in world affairs they could have blocked ADB's loan. lol you should be happy while china is still patient to negotiate that "so-call mcmahon" issue,enjoy your fun

Quote: Originally Posted by Peace_maker China is shining.Will we next supreme power within 10 years. Wont agree with you on this, definately China is on a road of being a super power, but in next 10 years, hmmmm i dont think so. Would take some more time for china to be there condisering the current situation.

data source：United Nations Statistics Division 中,美,俄,德,日,印=CHN USA RUS GER JPN IND

China boosts energy tie with Kazakhstan YouTube - China boosts energy tie with Kazakhstan - CCTV 091212 YouTube - China boosts energy tie with Kazakhstan - CCTV 091212

Quote: Originally Posted by Nihat China tops world in Internet users Good news. Freedom of speech can only be implemented in a true and mutual-responsible sense when the overwhelming majority of the citizens are literate. In China, due to its uniqueness, it will start from internet world, as I repeatedly said/predicted many times.

China major refineries to keep run rates steady BEIJING: China’s top oil refineries will keep run rates mostly steady this month despite a full shutdown at one major plant as refining margins stay firm and fuel demand picks up. Twelve plants, mostly on the eastern and southern seaboard and accounting for more than a third of China’s capacity, will process 2.3 million barrels per day (bpd) of crude in April, only marginally...

Quote: Originally Posted by jeypore My friend economic developement and a military base is to different things. Regards. China and India have unique but similar challenges. China is sea-locked by Japan, Philippines, Malaysia, Indonesia, and Taiwan (until reunification). India is land-locked by Pakistan, Nepal, Bhutan, BD, and Myanmar. We can learn and appreciate each other's predicaments.

Quote: Originally Posted by aimarraul China's GDP up 6.1% in Q1 2009 China's GDP up 6.1% in Q1 2009 BEIJING -- China's economy expanded by 6.1 percent year-on-year in the first quarter of 2009, official data showed Thursday. The quarterly growth was the slowest in the past 10 years as the global financial crisis continued to affect the world's fastest-growing economy. It was 4.5 percentage points lower than the first...