PRESS DIGEST - China - Jan 15

SHANGHAI Mon Jan 14, 2013 8:17pm EST

Related Topics

SHANGHAI Jan 15 (Reuters) - Chinese newspapers available in Beijing and Shanghai carried the following stories on Tuesday. Reuters has not checked the stories and does not vouch for their accuracy.


--China's currency, the yuan, is likely to continue its two-way trade and rise slightly this year, the newspaper said in its commentary.

--Jiugui Liquor Co Ltd, a Chinese liquor maker, said its net profit is likely to be between 480-520 million yuan in 2012, up 149 percent to 170 percent from 2011. However, the company's fourth-quarter earnings marked a sharp fall after media reports said it added excessive levels of plasticisers to its products.


--Experts say measures to fight pollution could hurt the economy as some construction works will be put on hold and factories told to halt production.


--With a recovery in the Chinese economy, the country's power consumption could rise 9 to 10 percent in 2013, up from 5.5 percent growth in 2012, the newspaper said in its commentary.

For Hong Kong and South China newspapers see.....

Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.