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Nine Dragons Paper Announces Fy2016 Annual Results
Sep 27, 2016Nine Dragons Paper announced the audited consolidated results of the company and its subsidiaries for the year ended 30 June 2016. The Board has declared and approved a final dividend of RMB 8 cents per share, and special dividend of RMB ...
Tags: Nine Dragons Paper, annual results
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UBS Forecasts China Q4 Growth at 6.9 Pct
Dec 28, 2015China's economic growth is expected to be unchanged in the fourth quarter of this year, but an improvement is still distant due to property weakness and excess capacity, according to the latest report from UBS. The Swiss banking group ...
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China to Revoke Banks' Private Fund Management Qualifications
Dec 24, 2015China's banking regulator is reportedly to revoke the fund management qualifications of 17 domestic banks. It's understood the regulator has issued informal guidance to banks, warning them that their registrations will be removed. The ...
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U.S. Rate Hike Clarifies China's Policy Challenges
Dec 18, 2015Yesterday'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
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RBI Governor Rules out Financial Crisis
Aug 28, 2015Despite the recent stock market crashes around the world on the heels of China devaluing the yuan, Reserve Bank of India Governor Raghuram Rajan has said he doesn't believe that there's a financial crisis looming. "Based on what I've seen ...
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China's Industrial Profits Down 0.3% in June
Jul 27, 2015Profits at major Chinese industrial firms dropped 0.3 percent year on year in June, down from a 0.6 percent growth posted in May, the National Bureau of Statistics (NBS) said on Monday. He Ping, an official with the Department of Industry ...
Tags: Industrial Profits, China economy
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Growth in China's Electricity Consumption Recovered in May But Still Remained Low
Jun 16, 2015Growth in China's electricity consumption, an important indicator of economic activity, slightly recovered in May but still remained low, suggesting persistent weakness in the world's second largest economy. Power-use rose 1.6 percent ...
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Retail Sales Have Continued to Slow
May 11, 2015Retail sales have continued to slow, with the Australian Food and Grocery Council (AFGC) CHEP Retail Index revealing growth of only four per cent year-on-year in the March quarter, slowing to three per cent by the June quarter. Retail ...
Tags: Retail sales, Packaging
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China Walks The Economic Tightrope of Balancing Steady Growth
Mar 13, 2015As China walks the economic tightrope of balancing steady growth, facilitating restructuring and combating deflation risks, Zhou said there may be room for flexibility despite consistent championing of a prudent monetary policy. Policy ...
Tags: Central Bank, China's GDP
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China's New Yuan Loans Rise in January
Feb 23, 2015The Chinese currency has seen sharp volatility against the US dollar this week as a strengthening dollar stokes worries of the yuan's depreciation. The yuan continued to decline against the dollar on Wednesday with its spot exchange rate ...
Tags: China's New Yuan, Chinese currency
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What Caused The Rise in The Chinese Stock Market
Dec 15, 2014In the past two weeks, China's stock market, long the subject of neglect, became a public focus, indicating the likely arrival of a bull market period. From Nov. 24 to Dec.5, 2014, the Shanghai and Shenzhen composite indexes rose by 18.13 ...
Tags: Stock Market, bull market
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China Faces Pressure as Imp.Drop,Exp Slow
Dec 8, 2014China's imports shrank unexpectedly in November while export growth slowed, fuelling concerns that the world's second-largest economy could be facing a sharper slowdown and adding pressure on policymakers to ramp up stimulus measures. ...
Tags: export growth, economy
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China's Service Sector Stabilizes Growth
Dec 5, 2014China's non-manufacturing sector activity showed a slight improvement in November, as new export orders and employment added stabilizers to the economy. The purchasing managers' index (PMI) for the non-manufacturing sector came in at 53.9 ...
Tags: Service Sector, PMI
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Chinese Homebuyers Have Driven Housing Prices Up
Aug 21, 2014Chinese homebuyers have driven housing prices and developers’ stocks skywards in the past decade but that has been clearly over for more than a year. Official economic data released on Wednesday showed the slowdown in the sector ...
Tags: Red-Hot Property, Homebuyers
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Triumph Group Reported Financial Results for Its First Quarter of Fiscal Year 2015
Aug 13, 2014Triumph Group, Inc. reported financial results for its first quarter of fiscal year 2015, which ended June 30, 2014. Highlights: -Net sales for first quarter fiscal year 2015 were $896.9 million -Operating income for first quarter ...
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