china economy

Hot Money by the Numbers

The buzz about hot money, or speculative capital inflows, has been nearly deafening among China economy watchers lately. Small wonder: the sums involved are stunning. China has $1.797 trillion in foreign exchange reserves, ...

Huaneng to boost renewable energy

BEIJING, March 26 — China Huaneng Group, the country’s largest power producer, ... a total investment of 3 billion yuan. Huaneng has launched the GreenGen project, the first near-zero

Experts say steel prices to stay high this year

BEIJING, March 31 (Xinhua) — China’s steel prices will continue to stay high this year, pushed up by booming demand and rising costs, ... investment in real estate required more steel. Jia Liangqun, analyst with the mysteel.com, said booming

Vietnam Ranks 6th in Attracting FDI

Vietnam now ranks sixth in the list of countries luring foreign direct investment (FDI), local newspaper Vietnam News reported Friday ... , but also service, especially banking and finance, said Phan Huu Thang, head of the Foreign Investment Agency under the Vietnamese Ministry of Planning and Investment. Vietnam, which has so far housed

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