Economy
Economy
"-
Resource Shakes off Slowdown in Chinese to Help Australian Sharemarket Finish Higher
Jul 25, 2013Resource companies have shaken off a slowdown in Chinese manufacturing to help the Australian sharemarket finish higher. At 4.15pm AEST, the benchmark S&P/ASX200 index was up 18 points, or 0.36 per cent, at 5035.1. The broader All ...
Tags: Chinese Woes
-
PE Activities Have Increased Substantially in The Chinese Market Over The Past Decade
Jul 25, 2013Private equity (PE) activities have increased substantially in the Chinese market over the past decade. PE funds invested in China rose to USD 15 billion in 2012, from below USD 1 billion in 2000. China now represents approximately 10% of ...
Tags: global investment, economy
-
Big Upswing Is Expected in Number of Australian Businesses Transacting with China in Yuan
Jul 24, 2013A BIG upswing is expected in coming years in the number of Australian businesses transacting with China in yuan, according to a survey by HSBC. While only 7 per cent of Australian companies have conducted cross-border yuan transactions -- ...
Tags: businesses transacting, economy
-
Sharemarket Opened Strongly Following News China Lifts Controls on Lending Interest Rates
Jul 24, 2013THE sharemarket opened strongly following news China will lift controls on lending interest rates. At 10.10am AEST the benchmark S&P/ASX200 index was up 49.4 points, or 0.99 per cent, at 5021.5, easing to 5,007.3 by 10.25am for a total ...
Tags: lending interest rates, china, economy
-
China Formally Announced a Thorough Decontrol Over Lending Rates of Financial Institutions
Jul 24, 2013China formally announced a thorough decontrol over lending rates of financial institutions on July 20. Approved by the State Council, the Chinese cabinet, the People's Bank of China (PBOC), the central bank, said on July 20 that the ...
Tags: lending rates, commercial principles, china
-
BOCOM Released Its Projections on Monday for China's Economy
Jul 23, 2013Bank of Communications (BOCOM), China's leading commercial bank, released its projections on Monday for China's economy in the second half of 2013, predicting gross domestic product growth of around 7.5 percent by the end of the year. ...
Tags: Economy
-
Chinese Banks Bought Less Exchanges Than They Sold in Bank-to-Client Forex Transactions
Jul 23, 2013Chinese banks bought less foreign exchanges than they sold in its bank-to-client forex transactions in June, registering a deficit of $400 million, latest data showed Monday. It is the first such deficit since September, according to the ...
-
Stocks Gained on Monday Amid Speculation They Would Stand to Benefit The Most
Jul 23, 2013Stocks of small and medium Chinese enterprises gained on Monday amid speculation they would stand to benefit the most from the abolition of a floor on lending rates over the weekend, Bloomberg reported. Analysts said cash starved SMEs can ...
Tags: Lending Rate
-
Fortune Global 500 List of World's 500 Largest Companies Features 95 Chinese Enterprises
Jul 23, 2013The newly-released Fortune Global 500 list of the world's 500 largest companies features 95 Chinese enterprises, with only the U.S. having more companies on the list. The facts about these 95 Chinese companies make for interesting ...
Tags: Fortune, Chinese Economy
-
China Is Willing to Allow Australian Banks Greater Access to Chinese Financial Market
Jul 20, 2013The Australian financial services sector could be a major beneficiary if the Labor government is able to finalise the long-awaited free trade agreement with China. Analysts in Beijing believe China would be willing to allow Australian ...
-
China Should Initiate Another Round of Effective Economic Reforms to Sustain Its Growth
Jul 19, 2013The International Monetary Fund said in its Wednesday report that China should initiate another round of effective economic reforms to sustain its growth, as domestic risks to the economy grow, Reuters reported. The IMF hasn't changed its ...
Tags: Economic Reforms, IMF
-
Accounting Methods of Quarterly GDP
Jul 19, 2013According to the related information, the preliminary accounting results of GDP for the first half of 2013 are as follows: Preliminary Accounting Results of GDP for the First Half of 2013 Absolute Value ...
-
Australian Dollar Falls as Second Biggest Economy Is Unlikely to Receive Massive Stimulus
Jul 18, 2013The Australian dollar has fallen after China's finance minister Lou Jiwei said the world's second biggest economy would be unlikely to receive a massive stimulus this year. At 1700 AEST on Thursday, the local unit was buying 91.52 US ...
Tags: Australian dollar, Lou Jiwei
-
The Chinese Economy Is Capable of Withstanding Shocks
Jul 18, 2013The Chinese economy is capable of withstanding shocks, although its facing downside risks from both external and domestic uncertainties, said the International Monetary Fund (IMF) on Wednesday. China's economy "is expected to grow at ...
-
China's Gross Domestic Product (GDP) Increases by 7.6% Year on Year
Jul 18, 2013According to data released by China's National Bureau of Statistics (NBS), China's gross domestic product (GDP) totaled RMB24.8009 trillion in the first half of this year, increasing by 7.6% year on year. It's known that the country's GDP ...
Most Popular
Hot Products
-
White Soaking Bathtub, Stand Alone Tub, Oval Bathtub with Chrome Overflow and Drain
-
Hot Sale Laboratory Low Speed 80-1 80-2 Electronic Centrifuge
-
Chemical Fiber Knife Carbide Blades Customized Hardmetal Knives
-
Clear Acrylic Injection Moulding Mirror Mould
-
42CrMo4 Forging Steel Shaft for Heavy-Duty Industrial Applications
-
Commercial Playground Amusement Park Playhouse Set Plastic Slide Kids Outdoor Playground Equipment
