Finance & Economy
China's June PMI at Six-month High
Growth in China's manufacturing sector accelerated to a six-month high in June, registering a strong end to the second quarter and an encouraging sign that the economy is further stabilizing. |
Starting now, Bank Loans Easier to Get
China's banking regulator said on Monday it was allowing lenders to make more loans through a modification in the way a key regulatory ratio is calculated. |
China signs RMB business MoUs with Luxembourg, France
The People's Bank of China (PBOC), China's central bank, on Sunday announced that it has inked two Memorandum of Understanding (MoUs) on renminbi (RMB) business with the central banks of Luxembourg and France. |
London, eurozone set to benefit increased RMB trade
London and the eurozone look set to benefit in the future from increased trade in yuan, as figures Thursday show yet another monthly increase in its use as a global currency. |
China Industrial Profits up 9.8% in First 5 Months
China's industrial profits continued to rise in the first five months but growth was slightly down from the Jan-April period, still encouraging sign. |
Small Firms Get a Break on VAT
The Ministry of Finance announced on Wednesday that the value-added tax rate will be a flat 3 percent for many small businesses, effective July 1. |
China`s Central Bank Clarifies Sectors Targeted for Support
China's central bank on June 10th outlined areas it will target in providing financial support and implementing reform measures, following its latest move to cut reserve requirements for banks engaged in lending to the agriculture sector and small firms. |
China Becomes World No 2 Carbon Trader
[Ferro-alloys.com] China is the world's second largest carbon trading market following the European Union (EU), according to data released on Tuesday. |
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