29th December 09

The Australian

China aims for 10pc growth and won't appreciate yuan

CHINA has set the ambitious target to grow its economy by 10 per cent next year, by maintaining government investment and low interest rates, while rejecting growing international demands to stop holding down the currency.

The Age

China pledges to stabilise property prices

CHINESE Premier Wen Jiabao said yesterday the Government would cool property prices, resist pressure for the yuan to appreciate and keep inflation at ''reasonable'' levels. ''Property prices have risen too quickly in some areas and we should use taxes and loan interest rates to stabilise'' them,

Sydney Morning Herald

Beijing stuck with a fistful of dollars

In the second of a three part series, Satyajit Das explores the unstable co-dependency of the Chinese and US economies.

China promoting renewable energy

China's utilities will be required to buy all the power produced by wind farms and other renewable sources under a new law meant to promote the industry and reduce heavy reliance on coal.

China eyeing top exporter tag

China is likely to overtake Germany as the world's largest exporter in 2009, despite a sharp fall in shipments as the global downturn took its toll, a high-ranking trade official has said.

The Australian

PM Kevin Rudd backs ANU's China centre

KEVIN Rudd is throwing his weight - and up to $100 million of taxpayer funds over 10 years - behind the Australian National University's thrust to create the world's leading research centre on China.