China starts diversifying forex reserves

Chinese banks disbursed RMB 532.8 billion （US$78.7 billion） as new yuan loans in July, an indication that fresh lending would remain stable and at relatively low levels for the next five months due to the lending curbs and the economic slowdown.     

China＇s textite firms stockpiling may further push up cotton prices

According to State Bureau of Statistics, the statistics worthy enterprises reported 20.7% growth in their industrial added value in Jan. and Feb. this year, 16.9 points higher than same period last year, and 2.2 points higher than last Dec.     

China to rift instatted hvdropower capacity by 50%

China my include oil held by private companies in calculations of the nation＇s state commercial reserves, China Business News reported, citing Zhao Youshan, head of the China Chamber of Commerce＇s fuel distribution department.