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China's Internet search firm Baidu confirms CFO Wang's death
Written by Administrator   
Friday, 04 January 2008
   BEIJING, Jan. 2 (InfoChina) -- China's Internet search firm Baidu.com said Sunday that its chief financial officer, Shawn Wang, died in an accident while on vacation in China.
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Deposit reserve ratio hike, quick action to implement pro-tight monetary policy
Written by Administrator   
Monday, 10 December 2007
   BEIJING, Dec. 10 (InfoChina) -- China will raise the reserve requirement ratio by one percentage point for commercial banks in an effort to cool the booming economy, the central bank announced Saturday.
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China to adopt tighter monetary policy in 2008
Written by Administrator   
Monday, 10 December 2007
   BEIJING, Dec. 6 (InfoChina) -- China concluded its three-day 2007 Central Economic Work Conference on Wednesday with a pledge to shift its monetary policy from "prudent", an approach it has followed for the last ten years, to "tight".
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