Profits of Chinese industrial businesses hit 676.12 billion yuan (110.84 billion U.S. dollars) in November, down 4.2 percent year on year, the National Bureau of Statistics (NBS) said on Dec 27th.
The Renminbi will experience "normal fluctuations" in 2015, experts said on Dec 25th. The yuan will continue to experience depreciation and appreciation next year, said chief economist with the Bank of Communications Lian Ping.
Economists expect the three-day Central Economic Work Conference that opened in Beijing on Tuesday to focus on preventing downside risks and promising to accelerate the pace of various economic reforms in 2015.
Further easing in consumer inflation and accelerating industrial deflation in November reflect stagnation in the world's second-largest economy, and that may push the central bank to cut banks' required reserve ratios as a means of easing liquidity and stabili...
China has approved five new projects to build new infrastructure worth at least 51 billion yuan ($8.3 billion), the National Development and Reform Commission said on Nov 28th.
Economic interests have outweighed, if not eliminated, old grudges in East Asia. China, Japan and South Korea negotiated again in Tokyo last week for a trilateral free trade agreement. There were no concrete results this round, but Sun Yuanjiang, chief negotia...