Asia Economy news, Markets and Business Trends - Made-in-China.com

U.S. Rate Hike Clarifies China's Policy Challenges

Dec 18, 2015

Yesterday's U.S. interest rate adjustment narrows the scope for China to balance currency stability with economic growth. The U.S. Federal Reserve raised the benchmark interest rate by 25 basis points on Wednesday, the first increase ...

Tags: U.S.Rate, China's Policy

Hong Kong Raises Base Rate after U.S. Fed's Move

Dec 18, 2015

The Hong Kong Monetary Authority raised its base rate from 0.5 percent to 0.75 percent on Thursday, following the U.S. Federal Reserve's lead overnight and raising concerns of capital outflows from the region. The Hong Kong dollar's peg ...

Tags: Hong Kong dollar, U.S.dollar, U.S.Fed

China Grants 50 Bln Yuan RQFII Quota to Thailand

Dec 18, 2015

China has granted a 50 billion yuan (7.8 billion U.S. dollars) investment quota to Thailand under the Renminbi Qualified Foreign Institutional Investor (RQFII) pilot program, China's central bank said Thursday. The decision, part of ...

Tags: RQFII, financial cooperation

China Changes 20 Sample Stocks of Hushen 300 Index

Dec 17, 2015

China's bluechip-tracking Hushen 300 index changes its sample on Monday to include more growth stocks. [Photo: tooopen.com] China's bluechip-tracking Hushen 300 index changed its sample on Monday to include more growth stocks. While ...

Tags: stocks, Hushen 300 Index

China's Jan.-Nov. Outbound Direct Investment up 16 Pct

Dec 17, 2015

The Chinese mainland made around 104 billion U.S. dollars in non-financial investment in overseas markets in the first 11 months of 2015, up 16 percent year on year, an official of the Ministry of Commerce (MOC) said on Tuesday. Outbound ...

Tags: Outbound direct investment, manufacturing sector

S.Korea Approves China Everbright Bank's Operation in Seoul

Dec 17, 2015

South Korea's financial regulator on Wednesday approved the banking operations of China Everbright Bank, a unit of the state-owned Everbright Group. The Financial Services Commission (FSC) said in a statement that it gave a nod to ...

Tags: Everbright Bank, foreign banks

Restructuring Puts China Growth on Dual Tracks

Dec 17, 2015

Call it a tale of two sectors -- China's slipping manufacturing and flourishing service sector have defined the country's economy. The Chinese economy is undergoing heavy restructuring as it slowed to a six-year low of 6.9 percent in the ...

Tags: economy, service sector, manufacturing

China Central Bank Sees 2016 Growth at 6.8 Pct

Dec 17, 2015

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

China's Emerging Industrial Sectors Grow Rapidly Thanks to Innovative Policies

Dec 17, 2015

China's emerging industrial sectors, inspired by technological innovation and innovative policies, have developed rapidly in 2015. The boom in telecommunication, high-tech manufacturing, e-commerce, new energy and other emerging ...

Tags: Emerging Industrial Sectors, e-commerce

China's 2016 GDP Growth Likely to Be 6.6-6.8 Pct: Think Tank

Dec 17, 2015

China's annual economic growth could be between 6.6 percent and 6.8 percent next year, with employment and consumer prices remaining stable, a government think tank forecast on Wednesday. However, with growing downward pressure due to ...

Tags: economic growth, GDP

Internet Finance to Make a Difference in China's Finance Development

Dec 17, 2015

Experts and insiders say with the industry booming in China, the country's plan to modernize its financial services may have just entered a golden era. [Photo: nipic.com] Internet finance has become a hot topic at the ongoing World ...

Tags: financial services, Internet finance

AIIB Wins Trust before Opening: AIIB President-Designate

Dec 17, 2015

File photo of Jin Liqun, the president-designate of the Asian Infrastructure Investment Bank. [Photo: p-along.com] The president-designate of the Asian Infrastructure Investment Bank says the lender has earned trust on the international ...

Tags: AIIB, Jin Liqun, bank

China Becomes The World's Largest Online Retail Market

Dec 16, 2015

A report from the Chinese Academy of Cyberspace says that China has become the world's largest online retail market. From January to October, China's online retail sales reached 2.95 trillion. Mobile shopping is rapidly growing in China. ...

Tags: Online Retail Market, online shopping

China Sees Forex Reserves Decline by US$87.2 Bln

Dec 8, 2015

China's foreign exchange reserves, the world's largest, fell by US$87.2 billion in November to US$3.44 trillion, central bank data showed yesterday, the lowest level since February 2013 and the third largest monthly drop on record. ...

Tags: Forex Reserves, foreign exchange

Uneasy Outlook Ahead for Banks

Dec 8, 2015

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