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

China to Deepen Reform in Agricultural Sector

Feb 6, 2017

The major problems facing China's agricultural sector are structural ones, mainly on the supply side, according to the document by the Central Committee of the Communist Party of China and the State Council. The document calls for ...

Tags: agricultural sector, structural reform

Caixin Manufacturing PMI Drops to 51

Feb 3, 2017

China's manufacturing sector continued to slow in January 2017 because of a further improvement in the health of the sector. The Caixin General Manufacturing Purchasing Managers' Index (PMI) edged down to 51.0 last month from December's ...

Tags: manufacturing sector, PMI

Chinese ODI Comes Close to US$200b in 2016

Feb 3, 2017

China's overseas direct investment is estimated to soar 40 percent to a record $189 billion in 2016 from the previous year, according to a study released by the US consultancy Rhodium Group and Berlin-based Mercatur Institute for China ...

Tags: overseas direct investment

World Bank Expects Chinese Economy to Grow

Jan 11, 2017

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

Shanghai Attracts $18.5 Billion in Overseas Investment

Jan 3, 2017

Despite the global economic slowdown and tougher competition to attract capital, Shanghai attracted $18.5 billion in overseas investment in 2016, marking the 17th consecutive year of growth. According to official figures released by the ...

Tags: overseas investment, electronic equipment

China's Investment in US Expected to Grow Fast

Jan 3, 2017

China's direct investment in the U.S. is expected to grow fast in 2017, but political realties pose major downside risk to it, according to a research report by a U.S. consulting firm. Chinese companies invested a record of 45.6 billion ...

Tags: China's Investment, direct investment

China's Manufacturing Activity Keeps Expanding

Jan 1, 2017

China's manufacturing activity expanded for a fifth month in December. The manufacturing Purchasing Managers' Index (PMI) came in at 51.4 in December, lower than 51.7 in November and staying above the 50-point boom-bust line for the fifth ...

Tags: Manufacturing Activity, PMI

Threshold of 7 Yuan to Dollar Not Crucial

Jan 1, 2017

The yuan's so-called psychological threshold of 7 to the US dollar is not so important for the Chinese economy, analysts said on Thursday, after the central bank rejected an "irresponsible" media report that the yuan had fallen below that ...

Tags: US dollar, Chinese economy

China Sets Major Economic Tasks for 2017

Dec 10, 2016

The Communist Party of China (CPC) Friday specified major tasks for the economic work in 2017, including further advancing supply-side structural reform. The country should push forward reforms in key sectors, including state-owned ...

Tags: CPC, China's economic growth

China's CPI up 2.3% in Nov.

Dec 9, 2016

China's consumer price index (CPI), a main gauge of inflation, grew 2.3 percent year on year in November, up from October's 2.1 percent, the National Bureau of Statistics (NBS) announced Friday. On a month-on-month basis, the CPI rose 0.1 ...

Tags: CPI, NBS

China's PPI Records 5-Year High in Nov.

Dec 9, 2016

China's producer price index (PPI), which measures costs for goods at the factory gate, beat market expectations to reach a five-year high in November, official data showed Friday. The reading rose 3.3 percent year on year, the highest ...

Tags: PPI

RMB Weakens to 6.8972 Against USD Friday

Dec 9, 2016

The central parity rate of the Chinese currency renminbi, or the yuan, weakened 241 basis points to 6.8972 against the U.S. dollar Friday, according to the China Foreign Exchange Trading System. In China's spot foreign exchange market, ...

Tags: foreign exchange, Chinese currency renminbi

China Forex Reserves Fall for 4th Straight Month

Nov 9, 2016

China's foreign exchange reserves shrank for a fourth straight month in October, the central bank said Monday. The world's largest currency hoard fell to 3.12 trillion U.S. dollars last month, down 45.7 billion dollars from September, ...

Tags: Forex Reserves, foreign exchange

China's Oct. Exports Down 3.2%, Imports up 3.2%

Nov 9, 2016

China's exports growth narrowed from previous drops in October while imports accelerated growth, however weak global demand might weigh on future trade growth. Exports measured in yuan fell 3.2 percent year on year in October, a slower ...

Tags: trade surplus, exports growth

Foreign Trade Falls 0.6% in October

Nov 9, 2016

As both exports and imports failed to meet early forecasts, China foreign trade decreased to 2.05 trillion yuan (US$307.2 billion) in October, down 0.6 percent from the same period last year, Customs data showed on Tuesday. China's ...

Tags: foreign trade, trade surplus