China unveils first sovereign credit rating report
A Chinese company on Sunday unveiled China's own sovereign credit rating report, for the first time evaluating 50 countries and becoming the first non-Western rating agency to assess the world's sovereign credit and risks.

June exports hit record high
China's exports for June hit a record high since July 2008 and the trade surplus also surging. Economists however insisted such strong momentum cannot be sustained and there is little possibility that the yuan will gain by large margins, as widely expected worldwide. China's exports last month grew by 43.9 percent from the previous year to 137.4 billion U.S. dollars; whilst imports rose by 34.1 percent to 117.4 billion U.S. dollars, which led to a 20 billion dollars trade surplus.

China's forex reserves reaches $2.45t
Growth of China's foreign exchange reserves are slowing as the total reached $2.4 trillion by the end of June, up 15.1 percent year-on-year. China's foreign exchange reserves increased by $7.2 billion in the second quarter, a drastic decrease compared to the last quarter in 2009, when reserves grew by $126.5 billion.

China's Guangzhou Port Cargo Throughput up 12% in 1H
Guangzhou port reported a cargo throughput of 201 million tons in the first half of the year, up 11.7 percent from a year earlier. The major port handled over 6 million containers, up 16.8 percent from a year ago.