He based his optimism on hedging tools available.
China's exports surged by 48. 5 per cent year on year in May, triggering eculation that the much awaited reform of its currency Yuan against the US dollar is round the corner.
Shanghai-based writer Wang Shen, who uses the pseudonym Mian Mian, alleged her copyright on the book, Acid Lover (Yansuan Qingren), was infringed and required a public apology from Google, as well as 61,000 yuan ($8,900) in compensation.
Huang, also known as Wong Kwong-yu, was convicted by the Beijing No 2 Intermediate People's Court with also ordered confiscation worth 200 million yuan of his assets.
A Chinese man and his wife are set to become the country's wealthiest couple after their pharmaceutical firm's initial public offering garnered the highest ever share price in China's history, propelling the value of their stake to $6.24 billion.
The 26-year-old man is looking for some 1,500 Internet users to invest in an apartment, and the owner will be chosen on the basis of a lucky draw, reports the China Daily.
China's Shandong Luneng sent former captain Jiao Zhe to the reserve team, suspended his salary and fined him 30,000 yuan ($4,400) for beating up a team-mate after a Chinese Super League (CSL) game last weekend.
Ashish Narsale/Rediff.com tells you what you need to know
Last year, the country's defence budget was $175 billion.
Sentiment very bullish for 2017; prices could touch all-time peak of $1,161 soon and may double from present levels by the end of the year. Rajesh Bhayani reports.
India will pay China over Rs 82 lakh annually for crucial flood data of the Brahmaputra to improve flood forecasting even as the two sides agreed to allow their water experts to conduct study tours on both sides of the river which originates in Tibet.
Prime Minister Modi made a strategic blunder of Nehruvian proportions -- presuming no war can happen now, and the Chinese won't be a military threat and risk their economic interests, observes Shekhar Gupta.
India's Sania Mirza overcame a fighting Meng Yuan in a three-setter to earn a shot at singles title of the US$ 50,000 ITF Challenger event in Lexington, United States. The second seed Indian beat sixth seed Chinese 6-1, 4-6, 6-4 in the semi-final of the hard court event.
An official said that people in the government were aware of the benefits as well as the drawbacks of issuing overseas sovereign bonds, and there will be consultations with all stakeholders.
The financial and commodity markets will continue to roil, as China's growth moderates and readjustments are made.
Reacting to market specific developments, the domestic unit touched a low of 66.74 in intra-day trade before concluding at 66.65.
Banking shares saw a renewed buying interest on the hopes of a rate-cut by the central bank post the easing of macro-economic data.
The BSE Sensex surged over 442 points to close at its life-time high of 38,694.11 and the broader NSE Nifty ended at a fresh record of 11,691.95, rising 134.85 points.
China's Ministry of Finance said on Friday that it will sell 30-year book-entry treasury bonds worth 28 billion yuan ($4.1 billion) next week.
Some analysts argue that Beijing has been too cautious in lowering rates and freeing up cash in the banking system, keeping real interest rates too high given low returns on investment.
Quenching his thirst while on duty proved costly for Chongqing Lifan goalkeeper Sui Weijie.
Formula One supremo Bernie Ecclestone is confident the Chinese Grand Prix will remain after 2010 but continued losses for the city of Shanghai make the future of the event less than certain.
Take a look at these dazzling cars of the future.
Indian industry put forth its demands for cut down on income and corporate tax rates in a pre-budget consulatation meet.
In a country like India, where religion has deep roots, it is important for the party to make the stand clear on religion. It is not a question you can shy away from. The party should be open for a debate and then publicly announce a renewed stand, says Marxist MP Abdullakutty
Diane Wang's DHgate makes inroads into India's e-commerce ahead of Jack Ma's Alibaba.
Consumption was the major driver, contributing 58.8 per cent to GDP growth
From parity in 1980, China's economy has outgrown India's fivefold to $10 trillion
Yuan depreciation will make imports in China more expensive, depressing demand, especially for commodities.
business executive who was scheduled to be an Olympic torch bearer in central China has been disqualified amid charges he is involved in an illegal capital raising scam, state media reported on Thursday. Wu Zhenhai, former board chairman of an agriculture company in Shangqiu city of Henan province, i9s accused of improperly raising 610 million yuan ($87 million) from the public.
Online grocers like Bigbasket and localbanya witness surge in sales.
'The mood in Beijing is already nervous and feverously watchful.' 'Developments in China will be scrutinised as intensely and nervously as the ones in Washington,' says Claude Smadja.
Look for companies whose earnings growth may not be great, but they are relatively debt-free.
Beijing has vowed the Olympic Games will take place under blue skies, not the murky "sauna" haze that has shrouded the city recently, but even on apparently clear days pollution levels may not be safe for athletes. Officials lavished 120 billion yuan ($17.6 billion) on cleaning up the capital with factories dozens of miles away closed down, construction halted, and over half the city's 3.3 million cars cleared from the roads.
At least 35 per cent, or $400 billion worth of goods, that are sourced from China could shift to countries such as India, Thailand, Vietnam among others over the next 10 years, according to a study by US-based retail and supply chain solutions firm DCB and Company. India is expected to take the lion's share of volume shift compared to its counterparts in the region, the study says, due to its IT prowess, infrastructure and agents network.
China is the second largest spender on defence after the US. T
China's central bank will drop former leader Mao Zedong's face from six million new 10 yuan ($1.46) notes to mark next month's Olympic Games.
Chinese households on average had a net worth of 439,000 yuan (about $71,000) in 2012, up 17 per cent from the 2010 level, said the study by Peking University on China's livelihood development.
With a massive 108 megapixel camera and bezel-less wrap around display, Xiaomi's Mi Mix Alpha comes in a protective glass body that may tempt you to own it. But is it worth the price?
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