Finance & Economy

All Regions Report low GDP growth

All China's 31 provincial-level governments reported lower than expected local GDP growth in the first half of 2014, with regions reliant on heavy industry suffering the biggest blow amid economic restructuring and a cut to industrial overcapacity.

Friday, August 8, 2014

HSBC China Data Shows Continually Improving Economy

HSBC China's reading of the country's manufacturing purchasing managers' index (PMI) has risen to its highest point since the start of 2013, adding to signs of national economic improvement.

Friday, July 25, 2014

PBOC to Use New Tools for Liquidity Operations

The central bank will use unconventional monetary tools such as re-lending and pledged supplementary lending to maintain relatively loose liquidity, rather than turning to conventional tools including lowering interest rates or the reserve requirement ratio, s...

Wednesday, July 23, 2014

RMB developing quickly as major world currency

The renminbi is on track to become the third-largest international currency behind the US dollar and the euro within five years as China accelerates its promotion of the yuan, said a Renmin University of China report released on Sunday(July 19th).

Tuesday, July 22, 2014

Downward Pressure Burdens Chinese Economy

Although Chinese leaders have stressed the flexibility of the GDP growth target, an inspection group dispatched by the State Council found that attaining "reasonable" growth remains a struggle.

Monday, July 14, 2014

China's Inflation Grows 2.3% in June

The consumer price index (CPI), a main gauge of inflation, softened to a 2.3 percent year-on-year growth in June, triggering concerns of broader monetary policy easing as a whole year outlook points to a soft inflation rate.

Wednesday, July 9, 2014

FTA with S. Korea Expected This Year

China and South Korea pledged on Thursday to conclude negotiations on a free trade agreement before the end of this year, but experts said major difficulties remain in sensitive areas.

Monday, July 7, 2014

WTO concludes Fifth Review of China Trade Policy

The fifth World Trade Organization (WTO) trade policy review of China concluded here on Thursday, with WTO members commending the vital role of China's economic growth to the world economy and some also raising higher expectations for China to assume more resp...

Monday, July 7, 2014
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