It is not likely that Chinese industrial economy will experience hard landing regardless of the sluggish investment, Gan Jie, a financial professor, said Friday. Speaking at a luncheon co-organized by China's Hong Kong General Chamber of ...
Tags: industrial economy
Monetary policy decisions in the US and Europe have amplified uncertainties for China and the rest of the world. China's consumer price index rose by a scant 0.8 percent in January, down from a 1.5 percent increase in December and marking ...
Under the agreement that signed in the Swiss ski resort of Davos, China gives Switzerland an 8-billion-US-dollar investment quota under its Qualified Foreign Institutional Investor program, and the two sides plan to open a Chinese bank in ...
Tags: Financial System, banks
Despite a sharp decline in oil prices, the world economic outlook is subdued, weighed down by underlying weakness elsewhere, says the International Monetary Fund (IMF) in its latest update to the World Economic Outlook (WEO). Compared ...
Tags: oil prices, world economic outlook, Textile
The Reserve Bank of India (RBI), the country’s central bank, has reduced the policy repo rate under the liquidity adjustment facility (LAF) by 25 basis points from 8.0 per cent to 7.75 per cent with immediate effect. Consequently, ...
Tags: liquidity adjustment facility, banking system, Textile
The People's Bank of China will continue to maintain "prudent" monetary policy in 2015, keeping credit growth stable while having its hands free to fine-tune policy when necessary, the regulator said in an online statement on Friday. ...
Under the continued prudent monetary policy, China will use monetary instruments pragmatically and maintain moderate liquidity to achieve reasonable growth in loans and private financing, the central bank said on Wednesday. After the ...
The People's Bank of China, the central bank, will change rules on how it calculates the loan-to-deposit ratios of banks from next year, a move that is expected to make available more funds for lending. The central bank will expand the ...
Tags: Deposit Calculation Rules, POB
China's consumer price index (CPI), the main gauge of inflation, is estimated to grow by about 1.4 percent in December from a year earlier, the latest report from the Bank of Communications (BOC) said. The National Bureau of Statistics ...
Tags: CPI, consumer price
In the past two weeks, China's stock market, long the subject of neglect, became a public focus, indicating the likely arrival of a bull market period. From Nov. 24 to Dec.5, 2014, the Shanghai and Shenzhen composite indexes rose by 18.13 ...
Tags: Stock Market, bull market
The high level of government savings deposits could prove detrimental to long-term economic growth, even as concerns mount over ballooning local government debt in China, a report said on Wednesday. Total bank deposits held by government ...
Indian Finance Minister Arun Jaitley has expressed confidence that a low and stable inflation rate would be soon attained. Reacting to the data released for Wholesale Price Index (WPI) and consumer price inflation for September 2014, ...
Tags: inflation rate, food markets
IATA reports that air freight volumes were up by a strong 5.8% in July compared to a year ago. This is an acceleration on June, when freight tonne kilometres rose 2.4%, and reflects improving demand conditions in some regions. There was ...
Tags: Air Freight, Service
The Equipment Leasing and Finance Association's (ELFA) Monthly Leasing and Finance Index (MLFI-25), which reports economic activity from 25 companies representing a cross section of the $827 billion equipment finance sector, showed their ...
Chinese traders and analysts reacted cautiously Tuesday to news that Qingdao port had halted shipments of aluminum and copper due to a probe into loan irregularities involving stocks in port warehouses. Local media reported Monday that ...
Tags: Copper Shipments, aluminum, copper