China's gross domestic product growth slowed to 7.5 percent in the second quarter of 2013, down from 7.7 percent during the first quarter, data from the National Bureau of Statistics (NBS) showed on Monday. Growth in the first half of the ...
Tags: Q2 GDP, China economy
China's investment in Africa has increased 30-fold since 2005, a commerce official said Thursday. According Ministry of Commerce spokesman Yao Jian, who spoke at a press conference in Beijing Thursday, the investment was divided amongst ...
Tags: African Investment
Within five years, higher manufacturing exports due to a widening cost advantage over China and other major economies could add $20 billion to $60 billion in output to Mexico's economy annually. And due to the North America Free Trade ...
Tags: economy, Manufacturing
In the first half of the current year, China's total external trade value amounted to $1.99769 trillion, increasing by 8.6 percent year on year, according to the figures released by China's General Administration of Customs. In ...
Tags: Mineral, external trade
Baosteel Finance Sector won several prizes in recent announced prizes of the finance industry. Among them, HWABAO Trust was awarded title of China's Best Trust and Financial Organization and prize of Earnestness Trust-Innovation and ...
Tags: Baosteel, steel, Metallurgy, Mineral, Energy
Chinese exports declined 3.1% year-on-year in June, while imports fell 0.7%, missing expectations of respective increases of 4% and 8%, Reuters reported. The month marked the first decline in exports since January 2012. Export growth is ...
Tags: Chinese Exports
In June, the consumer price index (CPI) went up by 2.7 percent year-on-year. The prices grew by 2.6 percent in cities and 2.8 percent in rural areas. The food prices went up by 4.9 percent, while the non-food prices increased by 1.6 ...
Tags: Consumer Prices
SHARES have closed higher despite slipping in afternoon trade due to concerns about a slowdown in China. Data from China showed exports unexpectedly fell 3.1 per cent, while imports fell 0.7 per cent in June, suggesting a further slowdown ...
Tags: economy
A total of 95 Chinese companies have made it onto the list of Fortune 500 companies compiled by Fortune magazine, with combined gross revenue of $5.2 trillion, or 17 percent of the Fortune 500's total revenue. The list, ranked by ...
Tags: Fortune, Chinese Companies
China's venture capital (VC) market continued to improve after last year's retreat, with the number of deals signed growing in the second quarter. Eighty-nine VC deals were disclosed during the April-June period, which was 20.3 percent ...
Tags: Venture Capital Market
The money-market squeeze that rocked Chinese banks last month may reduce credit growth this year by as much as US$122 billion, Bloomberg reported, citing a survey conducted by the news service. The figure represents the median estimate of ...
Tags: Credit Growth
China's consumer price index (CPI), the primary measure of inflation, rose to 2.7% year-on-year in June from 2.1% in May, Reuters reported, citing data released by the National Bureau of Statistics today. A 4.9% increase in food prices ...
Tags: China Inflation
The Ministry of Finance announced Thursday that it has expanded its trial municipal bond program, allowing more local governments to issue bonds directly and assume a larger role in managing their own finances, The Wall Street Journal ...
Tags: Municipal Bond Program
In June this year, China's rail freight volume totaled 310.15 million mt, down by 3.75 percent month on month, following the month-on-month increase observed in May, as announced by China Railway Corporation. In June, the volumes of coal, ...
Tags: Rail Freight, Mineral
It is reported that Taiwan's China Steel Corp. (CSC) has announced to sign a syndicated loan of US$265 million with 12 banks and it will help the company to manage the cash flow of its raw material investments purpose. The ...
Tags: Syndicated Loan Project