Chinese legislators on Thursday urged intensified efforts to keep local government debt under control, warning against potential default in the future. Legislators made the comments when attending a panel discussion of the ongoing ...
Tags: Local Gov't Debt
China's economy has entered a "new normal" and those fretting over disappointing data in traditional sectors, will have to adapt. The structure of China's economy has changed and traditional measurements, including GDP growth and ...
Tags: economy, new Normal
China will continue to actively destock its massive property inventory over concerns that the ailing housing market could derail the economy. Along with cutting overcapacity and tackling debt, destocking will be a major task in 2016, ...
Chinese lawmakers on Wednesday called on market regulators to step up supervision and stipulate heavier penalties for violators once a stock listing reform takes effect. Legislators are set to approve a State Council proposal on the ...
Tags: IPO Reform, Supervision
The priorities set out by Chinese leaders at a key economic meeting have prompted strong interest among foreign media organizations. The Central Economic Work Conference, which was held here from Friday to Monday, reviewed China's ...
China will deepen structural reform of rural industries and upgrade the integrative development of agricultural, industrial and service sectors in rural regions. The measures are key to promoting the modernization and urbanization of ...
The Chinese government is taking absolutely adequate measures to handle slowing economic growth and an increase of certain imbalances, a leading Russian expert has said, commenting on China's key economic meeting held last weekend. "What ...
The State Council announced Wednesday that it supported the development of direct financing to reduce production costs for enterprises. Through direct financing, enterprises can get funds from the capital market by issuing shares or ...
Tags: Direct Financing
China's real estate sector showed signs of warming in November as new home prices rose on a monthly basis in an increasing number of cities, buoyed by government policies. Of 70 large and medium-sized cities surveyed in November, new home ...
he Bank of Japan (BOJ) announced on Friday it would expand the size of its asset purchasing program while maintaining the same size of the monetary base, in a bid to drive wages higher and boost business spending, two mainstays of the ...
Tags: Bank of Japan Unveils, Increase Wages, Business Spending
Hong Kong's Financial Secretary John Tsang on Friday expressed welcome to the mutual recognition of funds arrangement between the mainland and Hong Kong. "The mutual recognition of funds arrangement further deepens the mutual access ...
Toshiba Corp. said on Saturday its group net loss for the business year ending in March will far outweigh that of the previous year's and may top its record of 398.8 billion yen (3.29 billion U.S. dollars) logged in the year through March ...
Tags: Toshiba, Record Losses
The US Congress' approval of the quota and governance reforms of the International Monetary Fund (IMF) has been welcomed by the People's Bank of China (PBOC). According to the statement on the central bank's official website, this ...
Tags: Ratification, Imf Quota
UK-based grocery and general merchandise chain Tesco is considering implementing sugar reduction targets to its own-label suppliers in the new food and drink categories. Tesco group quality director Tim Smith has declared the company's ...
Tags: Tesco, sugar reduction, Food
A photo shows the household register of China. [Photo: cctv.com] There have been heated discussions over a planned points-based residence registration system in the Chinese capital that accommodates over eight million non-locals. The ...
Tags: household register, Non-Locals