Mattel Cuts Sales Target for Shanghai Barbie Store
Mattel Inc, the world's biggest toymaker, lowered the sales target for its Barbie store in Shanghai by at least 30 percent after deciding the original marketing concept didn't work.
 
Low Rates Could Discourage Financing Real Economy: Zhou
Low interest rates would discourage financial institutions from providing adequate financing to the real economy, Zhou Xiaochuan, governor of the People's Bank of China (PBOC) said Friday.
China Rejects Call for WTO Panel on Export Limits
China on Thursday rejected requests made by the United States, the European Union and Mexico to establish a WTO expert panel to investigate and rule on so-called Chinese restrictions of raw materials exportation.
 
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China's Economy to Expand 9.4 pct in 2010, Report Forecasts
China's economy is forecast to grow 9.4 percent next year on the growth of domestic consumption and improving exports, said a report released Friday by the Beijing-based Renmin University of China.
China's Leading Oil Producer Signs Agreements with Sudan on Refinery Expansion, Asset Swap
China National Petroleum Corporation (CNPC), China's biggest oil and gas producer, has signed agreements with Sudan to expand a refinery and swap oil production assets. according to a statement on the company's website Friday.
Inflation on the Way, But Slowly: Expert
Inflation would come as expected, but it won't be very serious within the next 12 months given the overcapacity of the manufacturing sectors, an experienced economist said Friday.
Interview: ZTE to Boost Advance Researches to Tap High-end Markets
China's telecom equipment and device manufacturer ZTE Corporation plans to set up a new department tasked with boosting medium to long-term forward looking researches, a senior manager said in a recent interview with Xinhua.
Millionaires Club Expands in China
The global economic downturn has not affected the personal wealth of the rich in China that continued to expand this year and also opened up more opportunities for private bankers, said a recent study.
F&B Firms See No Trade Woes
Foreign food and beverage exporters are not worried that trade disputes between China and other countries will spread to the sector and they remain optimistic in China's imported food market over the long term.
 
Stock Exchanges

 Nikkei 9,497.68  -0.54% Fri
 Dow Jones 10,332.44  -0.90%

Thu

 Nasdaq

2,156.82

 -1.66%

Thu

 S&P 1,094.90  -1.34%

Thu

 FTSE100 5,267.70  -1.39% Thu
 DAX 5,702.18  -1.48%

Thu

 CAC40 3,760.22  -1.77%

Thu

 Shanghai 3308.35  +0.37% Fri
 Shenzhen

13695.15

 -0.03%

Fri

 HSI

22455.84

 -0.83% Fri

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Exchange Rates
100 units of foreign currencies     2009-11-20
 USD    682.78

 EUR   1,019.56

 HKD    88.100  JPY     7.6695
 GBP    1,138.06  CAD   640.9
 AUD    626.52  KRW  0.5738
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