| Abstract: | The Social Security Fund received 65 billion yuan ($9.5 billion) worth of listed stocks transferred from state shareholders by March 29. Chinese shipbuilders lost ground to their South Korean rivals that scooped up orders by slashing prices. The eye-popping 12-trillion-yuan ($1.76-trillion) investment package of central China’s Hubei Province raises hopes and eye-brows. The World Gold Council said China’s gold demand is expected to double in a decade. China Central Huijin Investment Ltd. is expected to rake in record-high dividends from the country’s big three banks in 2009. |
