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Less Confidence in Growth Prospects for Businesses Amid China's Economic Restructuring

Mar 26, 2015

Chief executive officers have less confidence in growth prospects for their businesses amid China's economic restructuring, even as most of them continued to remain bullish on the size and strength of the Chinese economy, a survey said on ...

Tags: Chinese Managers, economic restructuring

China Will Release The Implementation Plan for The Belt and Road Initiatives

Mar 17, 2015

China will release the implementation plan for the Belt and Road initiatives when the 2015 Boao Forum for Asia opens at the end of the month in south China. Sources told Xinhua that the implementation plan will include a detailed list of ...

Tags: Belt and Road, infrastructure projects, railways

Chinese Shares Rose to The Highest Level in More Than Five Years on Monday

Mar 17, 2015

Chinese shares rose to the highest level in more than five years on Monday after Premier Li Keqiang said the country has a string of policy tools at the government's disposal to bolster economic growth. The benchmark Shanghai Composite ...

Tags: Chinese shares, economic growth

FDI in The Chinese Mainland Jumped 17% in The First Two Months of 2015

Mar 17, 2015

Foreign direct investment (FDI) in the Chinese mainland jumped 17 percent year on year in the first two months of 2015, settling at 22.48 billion U.S. dollars, the Ministry of Commerce (MOC) announced Tuesday. The pace slowed from a 29.4 ...

Tags: China's FDI, service sector

China's Cooling Growth Prospects Are to Shift The Economic Agenda Away From The Eurozone

Mar 16, 2015

China's cooling growth prospects are expected to shift the economic agenda away from the eurozone, although Greece remains firmly in the spotlight because of its precarious funding outlook. China is expected to provide further hints of ...

Tags: economy growth, economic reforms

China to Include RMB in The Basket of The SDRs

Mar 13, 2015

A senior Chinese central bank official said Thursday that the country is "actively communicating" with the International Monetary Fund (IMF) on the possibility of including Chinese currency yuan, or RMB, in the basket of the Special Drawing ...

Tags: SDR Basket, Chinese currency

China's State Council Has Approve to Set up The First Cross-Border E-Commerce Pilot Zone

Mar 13, 2015

China's State Council has given approval for Hangzhou, an e-commerce hub, to set up the country's first cross-border e-commerce pilot zone, according to a statement released on Thursday. Hangzhou, capital city of East China's ...

Tags: e-commerce hub, cross-border e-commerce

Chongqing Serves an Important Role in Building China's First Inland FTZ

Mar 13, 2015

Chongqing, as the only municipality in inland of China and a metropolitan area along the Yangtze River, serves an important role in building China's first inland free trade zone (FTZ), a top municipal official said. "According to the ...

Tags: Chongqing, free trade zone

$40 Billion Silk Road Fund Will Be Operated Under a Market-Oriented Approach

Mar 13, 2015

China's $40 billion Silk Road Fund will be operated under a market-oriented approach and the projects it plans to invest in will not be limited to countries along the "One Belt, One Road" route, the fund's chairperson said on Thursday. ...

Tags: Silk Road, foreign exchange reserves

Chinese Currency The Yuan Is Enjoying Rising Acceptance

Mar 13, 2015

With Chinese currency the yuan, also known as the renminbi, enjoying rising acceptance, banks and enterprises in the Gulf Arab region are seeking ways to catalyze the growing demand for conducting trade with the currency. "By the end of ...

Tags: Service, yuan

China's CPI Grew 1.4% Year on Year in February

Mar 10, 2015

China's consumer price index (CPI), the main gauge of inflation, grew 1.4 percent year on year in February, the National Bureau of Statistics (NBS) said Tuesday. The stronger-than-expected reading quickened from the 0.8-percent gain in ...

Tags: CPI, February Inflation

China's PPI Declined a Record 4.8% in February Amid Weak Domestic Demand

Mar 10, 2015

China's producer price index (PPI), which measures inflation at the wholesale level, declined a record 4.8 percent year on year in February amid weak domestic demand, the National Bureau of Statistics (NBS) said on Tuesday. The ...

Tags: producer price index, wholesale level

Performance of China's Financial Leasing Industry Has Been Mixed

Mar 9, 2015

As China's financial environment has deteriorated, the performance of its financial leasing industry has been mixed. Financial leasing companies associated with banks have continued to receive adequate liquidity, especially because banks ...

Tags: Bank, Financial Leasing Industry

Imports Were Subdued in Another Sign of Continued Weakness

Mar 9, 2015

China's trade rebounded in February from the previous month's surprise contraction, but imports were subdued in another sign of continued weakness in the world's second-largest economy. Exports surged 48.9 percent in February from a year ...

Tags: Dipping Imports, February exports

Peer-to-Peer Lending Is Facing Its First Serious Government Regulation

Mar 9, 2015

Peer-to-peer lending, websites that allow individuals to borrow money from other individuals without going through banking middlemen, is facing its first serious government regulation as defaults undermine confidence in the online systems. ...

Tags: Peer-to-peer lending, government regulation