Housing trading volume in some Chinese cities slumped 60 percent since the central government released 10 tightening polices to curb the overheated property market a month ago, but the average transaction price still stuck to the high end and some property developers even raised prices for some projects against the market trend, Chinanews Online reported Monday.

The ...Read More

Uncertainty about Beijing's luxury residential market has led speculators to step aside and caused some overseas owners to be anxious about their property assets.

"A slew of regulations have been issued since the beginning of this year," said Qin Xiaomei, chief researcher with the property firm Jones Lang LaSalle Beijing. "They have had a signific ...Read More

How much should two chicken pancakes cost? For Zhao Rui, a 28-year-old company executive in Beijing, they cost him 400,000 yuan when he missed the chance to buy a home at a lower price during his lunchtime.

In early March, Zhao settled on a two-bedroom apartment in Beijing's Tongzhou district outside the city's eastern Fifth Ring Road. Except for the 18,000 ...Read More

China's Consumer Price Index (CPI), a main measure of inflation, would be made more relevant to the dramatically rising home price since next year, said the National Bureau of Statistics (NBS) on Wednesday.

The factors of mortgage loan rate and home prices would be given more weight when calculating CPI, Wei Guixiang, head of the statistics bureau's urban, s ...Read More

Special representative of Chinese President Hu Jintao, Vice Premier Wang Qishan met with special representative of US President Barack Obama, Treasury Secretary Timothy Geithner here Thursday.

The two sides exchanged views on China-US economic relations, the world economic situation, and issues relating to the upcoming economic -track dialogue of the second China-US ...Read More

The media registration center at Shanghai World Expo is dealing with an avalanche of application forms. Until Wednesday, it has received approximately 13,000 forms, with 589 overseas media, China News Service reports.

According to Song Chao, director of Expo 2010 News Center, there will be four main media departments during the Expo: News Center, International Broad ...Read More

The country will probably see a "record trade deficit" in March thanks to surging imports, Minister of Commerce Chen Deming said on Sunday, while warning that Beijing will "fight back" if Washington labels China a currency manipulator.

Speaking at the three-day China Development Forum that ends on Monday, Chen said: "I believe there will be ...Read More

China's consumer price index (CPI), a main gauge of inflation, is likely to increase by over 2 percent in February year-on-year, chinanews.com.cn reported Monday, citing research reports by Chinese brokerage firms.

China's Jan CPI up 1.5%, PPI up 4.3% The National Bureau of Statistics is set to release February's major economic data starting Thursday. ...Read More

The piles of official data the National Bureau of Statistics (NBS) has released before the annual session of the National People's Congress are supposed to help lawmakers get to grips with the country's social and economic reality.

But some of them have become so counterintuitive that the statistical officials can no longer simply dust the problem under the ...Read More

China's consumer price index (CPI), a main gauge of inflation, would probably only increase moderately in 2010, an official with China's National Bureau of Statistics (NBS) said here on Monday.

Although China's CPI continued to climb in previous months, it was not likely to surge this year as supplies were abundant, Wei Guixiang, head of the Department o ...Read More