Finance & Economy

Chinese November Industrial Profits down 4.2%

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.

Tuesday, December 30, 2014

Yuan to See Normal Fluctuations in 2015

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.

Friday, December 26, 2014

China's GDP Growth Expected to Slow down to 7.1% in 2015

China's real GDP growth will likely slow down from 7.4 percent this year to 7.1 percent in 2015, said economists with the country's central bank.

Tuesday, December 16, 2014

Experts Predict Lower GDP Growth Target of China in 2015

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.

Thursday, December 11, 2014

Deflation 'may Force Central Bank's Hand'

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...

Thursday, December 11, 2014

China`s Exports Rise 4.7% in Nov

China's exports rose 4.7 percent year on year to $211.66 billion in November, the General Administration of Customs (GAC) said on Dec 8th.

Tuesday, December 9, 2014

New Projects of USD8.3 Billion Approved in China

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.

Monday, December 1, 2014

FTA The Key for Regional Integration

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...

Monday, December 1, 2014
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