Economists and insiders are calling for more effective goverment supervision as a year of wild swings in China's stock market is coming to an end. China fought an unprecedented and costly war in 2015 to contain wide stock market ...
The State Council, China's Cabinet, on Wednesday decided to improve broadband in rural and remote areas. Stronger telecom services will help attract investment and fuel coordinated development, narrowing the gap between urban and rural ...
Tags: Telecom Services, Remote Areas
The China-proposed Asian Infrastructure Investment Bank (AIIB) was formally established Friday. Expectations are high for the new global multilateral financial institution, which will operate in an open, fair and efficient manner, AIIB's ...
The China-initiated Asian Infrastructure Investment Bank (AIIB), a complement to existing international financial system, was formally established Friday in Beijing and expected to start operation early next year. "The AIIB is legally ...
Tags: AIIB
China's economy has entered a "new normal" and those fretting over disappointing data in traditional sectors, will have to adapt. The structure of China's economy has changed and traditional measurements, including GDP growth and ...
Tags: economy, new Normal
China's central bank offered a total of 100 billion yuan (15.4 billion U.S. dollars) in six-month medium-term lending facility (MLF) loans at 3.25 percent to 13 financial institutions on Friday. "The move is aimed at maintaining proper ...
Tags: Central Bank, Liquidity
China might introduce more easing policies in 2016 to consume unsold home inventories, a report by the Bank of Communications said, despite data from Friday showing signs of a warming market. The government could further lower the minimum ...
The Chinese and Kenyan governments have signed three agreements on the financing of China-aided projects in the East African nation. The three deals on a total funding of 152.4 million U.S. dollars were signed in Nairobi on Wednesday by ...
Tags: China-aided projects, FOCAC
China's central bank projected its baseline forecast for 2016 growth at 6.8 percent on Wednesday, expecting the number of positive factors to gradually increase despite downward pressure on the economy. The rate is slightly lower than the ...
Tags: Central Bank, economy
Hu Kaihong: Good morning, ladies and gentlemen. Welcome to the news briefing held by the State Council Information Office. The Johannesburg Summit and the Sixth Ministerial Conference of the Forum on China-Africa Cooperation ("FOCAC") will ...
Over 15 years after the establishment of the Forum on China-Africa Cooperation (the "FOCAC"), China-Africa economic and trade cooperation has become a highlight in international cooperation with Africa and a model of South-South ...
Tags: FOCAC, financing cooperation
Switzerland-based commodity trading house Trafigura said Monday that falling oil prices, significant volatility, structural oversupply and the emergence of contango price structures have created significant opportunities in the crude and ...
Tags: Trafigura, oil prices, crude oil
A major Chinese company has won contracts to complete a rail link running across Kenya-a major project expected to boost connections in East Africa. China Communications Construction Co has signed a framework agreement with the Kenyan ...
Tags: Cross-Kenya Railway, rail link
Listed lenders from China may see zero or negligible profit growth next year, with some likely to incur marginal losses, a new report said on Monday. The nonperforming loans ratio, which measures bad loans as a percentage of total loans, ...
Tags: Uneasy Outlook, loans ratio
On October 3, Official of the Department of Foreign Assistance made comments on the foreign assistance measures announced by President Xi Jinping at the UN 70th anniversary summits. The official said that, in the end of September, ...
Tags: UN 70th anniversary summits, foreign assistance measures