China's Inflation Eases Further in Dec
China's inflation rose 4.1% in December from a year earlier, cooling for a fifth straight month and reaching a 15-month low, the National Bureau of Statistics said. The nation's consumer price index for 2011 jumped 5.4%, well above government targets. Food prices were up 9.1% year on year in December and 11.8% for 2011.
PPI Rises 1.7% in Dec
China's producer price index rose 1.7% in December from a year earlier and rose 6% for the whole of 2011 from 2010, the National Bureau of Statistics said.
Private Sector Exports Make Up 1/3 of National Total
Goods exported by private businesses in China grew 33.3% year on year to $570 billion in the first 11 months of 2011, accounting for one-third of the nation's total, according to the All China Federation of Industry & Commerce.
China Auto Sales Amount to 18.5m in 2011
China manufactured 18.42 million vehicles and sold 18.51 million in 2011, up 0.84% and 2.45% from the year before, the China Association and Automobile Manufacturers said.
China's Online Ad Revenue Eclipse Newspapers
Revenues from online ads in China grew 57.3% to ¥51.19 billion in 2011, surpassing revenues from newspaper ads, according to iResearch.
China's FDI Projected to Total $600b in 5 Years
China is expected to attract $120 billion in foreign direct investment annually in the next five years, the Ministry of Commerce said.
$1 = ¥6.32