The World Bank on Tuesday kept its forecast for China's economic growth rate for 2017 unchanged at 6.5 percent, saying that the economy will continue sustainable growth as it is rebalancing from manufacturing to services, despite reemerging ...
Tags: World Bank, Chinese Economy
Housing prices in China are expected to grow steadily in 2016, while divergence between bigger and smaller cities will continue, according to a property research organization. Government policy has perhaps helped to ease the housing glut ...
Tags: Property Sector, Mild Growth
After a booming year, the bull run of China's stock market is expected to continue, boosted by economic and financial reforms in addition to easing measures. China's stock market has soared over the past year, even as the world's second ...
Tags: Stock Market, financial reforms
'One Belt, One Road' initiatives offer hope to firms like Zoomlion amid stagnant sales in domestic market, reports Xu Wei. Plans by China's leaders to revive ancient intercontinental land routes and develop maritime links are being seen ...
Tags: Heavy Equipment, heavy machinery
In October this year, the average prices of new residential housing in 100 major cities in China decreased by 0.4 percent month on month to RMB 10,629 ($1,731.1) per square meter, indicating a month-on-month decline for the sixth ...
Tags: Residential Housing
In September this year, the average prices of new residential housing in 100 major cities in China decreased by 0.92 percent month on month to RMB 10,672 ($1,732.5) per square meter, indicating a decline for the fifth consecutive month, as ...
Chinese homebuyers have driven housing prices and developers’ stocks skywards in the past decade but that has been clearly over for more than a year. Official economic data released on Wednesday showed the slowdown in the sector ...
Tags: Red-Hot Property, Homebuyers
China has issued an emergency decree ordering officials to halt the development of new cement and plate glass capacity, as it struggles to overcome entrenched local government resistance to halting wasteful investment in glutted industries. ...
Tags: Cement, Glass, plate glass
In April this year, the average price of new residential housing in 100 major cities in China rose by 0.1 percent month on month to RMB 11,013 ($1,796.6) per square meter, as announced by the China Index Academy, a Beijing-based real estate ...
The stable and good momentum of economic growth in recent months will ensure that China is able to fulfill its expected growth target. The question is how long this growth momentum can last. The consensus is that China’s economy is ...
Tags: Economic Growth, China's economy
In December last year, the average prices of new residential housing in 100 major cities in China rose by 0.70 percent month on month to RMB 10,833 ($1,776) per square meter, as announced on January 1 by the China Index Academy, a ...
Tags: housing price
In November this year, the average prices of new residential housing in 100 cities in China rose by 0.68 percent month on month to RMB 10,758 per square meter, as announced on December 1 by the China Index Academy, a Beijing-based real ...
Tags: Residential Housing, Construction
In October the CEP-Indicator of Economic Sentiment for China declines to 4.5 points. The CEP-Indicator captures the expectations of financial market experts regarding the economic development in China over the course of the next twelve ...
Tags: CEP, economic, expectation, China, decline
The federal deficit – the amount by which the US government’s total budget outlay exceeds its total receipts for a fiscal year – is estimated at $680 billion for 2013. The federal debt – the sum total of the ...
There was a time when just hanging an "open" sign on your store meant you would be successful. Thanks in part to the recession, as well as whole slew of things—from changing demographics to technological advances to increased ...
Tags: Construction, Decoration