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China's fiscal revenue up 33 pct Jan-Feb
Of the total, the central fiscal China saw a 32.9 percent growth year-on-year in fiscal revenue in the first two months of the year due to factors including rising tax revenue following continued economic recovery.
Economy faces threat of double dip
Premier Wen Jiabao warned on Sunday that the Chinese economy could suffer from a "double dip" this year despite its apparent smooth recovery.
Fast train to open a year ahead of schedule
The highly anticipated Beijing-Shanghai high-speed railway will begin operation next year, and is expected to cut travel time to four hours, railway officials said.
 
       EDITOR'S PICK
Consumer economy poised to drive China's growth
Prospect of financial innovation in China
 
    COMPANIES
China faces most complicated year
Premier worries about bubble in economy
China to promote balanced trade: Wen
PBOC: Economic data higher than forecast
Quality watchdog starts HP investigation
Google to 'bear consequences'
China Shenhua net profit up 16.6% in 2009
Shanghai GM recalls imported Captiva jeeps
 
        INDUSTRIES
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
    STOCK MARKET
  Market Snapshot       
 Shanghai      2870.63             -176.34                 -5.79
 Shenzhen     11668.80           -830.95                 -6.65
   HSI            20,893.33          32.03                0.15

   Nikkei        10,597.33         80.14                0.75

 Dow               9,321.40         -76.79                    -0.82
 Nasdaq         1,985.52         -23.83                   -1.19

   DAX            5,221.36               -87.75               -1.65

   FTSE          4,713.97               -41.49               -0.87
  Exchange Rates in RMB         Market News
USD 683.33 HKD 88.168
EUR 976.90 JPY 7.2268
GBP 1,125.10 CHF 634.74
CAD  618.77 AUD 563.08
· JPMorgan to form China tie-up with First Capital
· China to test index futures system
· China becomes second-largest stock market
· Equities up as stimulus may stay
       Statistics
  State Of Markets
The World Bank points to bright prospects for the Chinese economy, citing vibrant domestic demand that is helping to maintain growth. Also, increases are giving vitality to the export front. The growing momentum was felt at the latest Canton Fair, an effective gauge of foreign trade, which witnessed much higher export volumes than the last session in April. The newly launched ChiNext, China's NASDAQ-style stock market, staged a roller-coaster ride on its first few trading days, raising worries over rampant speculation. The manufacturing sector gathers force as evidenced in the increasing purchasing managers' index. Airbus plans to build its first Asian logistics center in Tianjin early next year. Brazil's Petrobras inked a $10-billion line of credit contract with the China Development Bank on November 3.
 
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