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

China to Focus on Improving Economic Quality

Feb 19, 2015

China will focus on improving economic quality in 2015 and adapt itself to slower growth against global economic headwinds, top policy makers agreed on Thursday. Economic growth should remain within the desired range and restructuring of ...

Tags: Economic Quality, economic policy

Chinese Industrial Economic Hard Landing Unlikely

Feb 18, 2015

It is not likely that Chinese industrial economy will experience hard landing regardless of the sluggish investment, Gan Jie, a financial professor, said Friday. Speaking at a luncheon co-organized by China's Hong Kong General Chamber of ...

Tags: industrial economy

Credit Cards Are Widely Used in China in 2014

Feb 17, 2015

Chinese people used more credit cards last year, fresh evidence that the nation's traditionally frugal residents are looking for credit cards for everyday purchases. Chinese banks issued a total number of 455 million credit cards by the ...

Tags: Credit Cards, card holders

Consumer Confidence Influences Footfall Growth

Feb 15, 2015

Footfall in January was 1.2% lower than a year ago, down on the 0.7% fall in December. Shopping centres reported the largest decline, falling 2.8%, while high streets experienced a 1.6% decline in footfall, up on the 1.8% fall in December. ...

Tags: Consumer Confidence, Footfall

China Economy Situation

Feb 12, 2015

Monetary policy decisions in the US and Europe have amplified uncertainties for China and the rest of the world. China's consumer price index rose by a scant 0.8 percent in January, down from a 1.5 percent increase in December and marking ...

Tags: Monetary policy, consumer price index

Credit Cards Are Widely Used in China

Feb 12, 2015

A credit card is an important thing to have when globetrotting, not least because many forms of online reservation require credit rather than debit payment. For those anticipating a long stay in China, a credit card may seem like a good ...

Tags: Credit Cards, online reservation

China's CPI Surges up to 0.8 Percent in January

Feb 12, 2015

Virtually all the indicators, from manufacturing activity to trade data, point to weakening. Expectations of an immanent reduction in the real interest rate have never been higher, despite the central bank's insistence on reining in ...

Tags: economic growth, trade data

China January Inflation Decreases to 0.8%

Feb 10, 2015

China's consumer price index, a main gauge of inflation, grew 0.8 percent year on year in January, the slowest rise in more than five years, the National Bureau of Statistics announced Tuesday. Food prices, which account for nearly ...

Tags: consumer price index, CPI

China Is Unlikely to "Purposely Weaken" Its Currency

Feb 10, 2015

China is unlikely to "purposely weaken" its currency, the yuan, or renminbi (RMB), as it would go against the authorities' commitment to economic rebalancing and structural reforms, HSBC said on Monday. Even dismissing the economic ...

Tags: weaken currency, RMB

China's Marine Economy Increase by 7.6%

Feb 10, 2015

China's marine economy maintained strong momentum in 2014, with the sector's gross output growing 7.6 percent year-on-year to six trillion yuan (about $958.7 billion), data from the State Oceanic Administration (SOA) showed on Monday. ...

Tags: marine economy, gross output

China's Goods Imports Decreased Sharply in Jan

Feb 9, 2015

Prices of raw materials such as iron ore, coal, crude oil and refined oil have been hitting record low prices on the global market, but import volumes into China. Although the trade balance has continued to be in excess of exports over ...

Tags: Commodity Imports, raw materials

There Is an Increasing Physical Demand of Gold From Asia

Feb 9, 2015

Gold futures on the COMEX division of the New York Mercantile Exchange rose on Monday as U.S. equities weakened and the dollar fell. The most active gold contract for April delivery rose 6.9 U.S. dollars, or 0.56 percent, to settle at ...

Tags: Gold futures, Physical demand

China's Economy Is Seeing a "New Normal" Emerging

Feb 6, 2015

President Xi Jinping unveiled his thinking about the Chinese economy, saying the world's second largest economy is seeing a "new normal" emerging. China's 2014 economic growth edged down to a 24-year low of 7.4% from 7.7% in 2013, ...

Tags: China's Economy, economic growth

China Stocks Open Surges up 2.43 Percent

Feb 5, 2015

Chinese stocks opened higher on Thursday morning, with the benchmark Shanghai Composite Index up 2.43 percent, or 77.09 points, to open at 3,251.21. The Shenzhen Component Index opened at 11,367.14, up 2.25 percent, or 250.59 points. ...

Tags: China Stocks, RRR Cut

China Plans to Improve Cooperation Along Belt and Road

Feb 5, 2015

China will improve industrial and commercial cooperation with countries along the "Belt and Road," an official said Tuesday. A bilateral cooperation mechanism between China and countries such as Mongolia, Iran and Turkey will be created ...

Tags: industrial cooperation, commercial cooperation