More and more Chinese enterprises are choosing India as a destination for investment, as the country is becoming more open to foreign capital. In a keynote speech at the China-India Business Forum in Shanghai, made during his visit to ...
Tags: Investment Destination, India
China's central bank has said it is planning to upgrade its financial risk assessment framework which will be launched next year, in a bid to ward off financial risks. The capital adequacy ratio, a measure of an institution's ability to ...
Tags: New Financial Risk
China's outstanding foreign debt settled at 1.53 trillion U.S. dollars by the end of September, data from the country's forex regulator showed on Wednesday. Most of the debt owed to foreign creditors resulted from short-term borrowing, as ...
Tags: External Debt
China's central bank released detailed regulations of online payment services by non-bank institutions on Monday in the latest effort to contain possible risks in the booming Internet finance industry. The new rules require real-name ...
Tags: China Central Bank, Online Payment
Profits of China's major industrial firms fell 1.4 percent year on year in November, narrowing from a 4.6-percent decline posted in October, the National Bureau of Statistics (NBS) said on Sunday. Profits at industrial companies with ...
Tags: Industrial Profit, Decline
Chinese legislators on Thursday urged intensified efforts to keep local government debt under control, warning against potential default in the future. Legislators made the comments when attending a panel discussion of the ongoing ...
Tags: Local Gov't Debt
China will continue to actively destock its massive property inventory over concerns that the ailing housing market could derail the economy. Along with cutting overcapacity and tackling debt, destocking will be a major task in 2016, ...
he Bank of Japan (BOJ) announced on Friday it would expand the size of its asset purchasing program while maintaining the same size of the monetary base, in a bid to drive wages higher and boost business spending, two mainstays of the ...
Tags: Bank of Japan Unveils, Increase Wages, Business Spending
China's securities supervisor said on Friday that it plans to stress test its securities and futures institutions to assess how they perform under extreme conditions. During the tests, conditions of a wide swing in the capital market or ...
Tags: Securities, Futures Institutions
From L-R, Christiana Figueres, Executive Secretary of the UN Framework Convention on Climate Change, United Nations Secretary-General Ban Ki-moon, French Foreign Affairs Minister Laurent Fabius, President-designate of COP21 and French ...
China called for implementation on Saturday after a historic deal was sealed in Paris on global efforts to combat climate change. The Paris agreement on climate change was adopted with no objection by the 196 Parties of the United Nations ...
The Hong Kong Monetary Authority raised its base rate from 0.5 percent to 0.75 percent on Thursday, following the U.S. Federal Reserve's lead overnight and raising concerns of capital outflows from the region. The Hong Kong dollar's peg ...
Tags: Hong Kong dollar, U.S.dollar, U.S.Fed
Chinese IT companies are acting to defend their country against cyber attack risks, which are increasingly a threat to national security. China Electronics Technology Group Corporation (CETC) signed a memorandum with Microsoft on Thursday ...
Tags: IT companies, cyber attack, cybersecurity
Bear Grylls, British explorer.[Photo provided to China Daily] British explorer Bear Grylls' Chinese mainland TV debut has garnered attention from major European buyers, making it the first Chinese outdoors reality show to be sold ...
Tags: Bear Grylls, Survival Show
Investment bank Goldman Sachs late Wednesday lowered its iron ore price forecast for 2017 by $5/dmt to $35/dmt CFR China after a faster-than-expected softening in seaborne prices. "Iron ore prices have reached our $40/dmt forecast one ...
Tags: iron ore price, steel