Finance & Economy

China Announces Details of Targeted RRR Cuts

China's central bank announced on Monday that it will cut the reserve requirement ratio (RRR) by 0.5 percentage points for banks engaged in proportionate lending to agricultural and small firms.

Tuesday, June 10, 2014

Exports Recovery Bodes Well for Economy in China

China's exports continued to recover in May amid improving demand in developed countries, which analysts believe will ease concerns over a slowdown and help stabilize growth.

Monday, June 9, 2014

IMF Reduced China`s Economy Growth Rate in 2014

The Chinese economy is growing steadily, but there is a long list of economic and financial reforms to be completed without delay, a senior official with the International Monetary Fund (IMF) has said.

Friday, June 6, 2014

Unknown Future for China's Rare Earth Quotas and Tariff Policy

[Ferro-Alloys.com] China may end tariffs and quotas on the export of rare earth minerals next year, in line with a World Trade Organization panel ruling earlier this year that the nation acted inconsistently with WTO rules, an industry expert said on June 5th.

Friday, June 6, 2014

U.S. Trade Deficit Widens in April 2014

[Ferro-Alloys.com] The U.S. trade deficit of goods and services increased in April, as exports edged down and imports surged, the Commerce Department said on June 4th.

Friday, June 6, 2014

Country Eyes more Liberalized Tertiary Industry

China will further open up its services sector to foreign capital this year, while mulling rules and regulations to create a more level playing field, as the value-added industry becomes a powerful engine fueling the world's second-largest economy.

Friday, May 30, 2014

Where will RMB Exchange Rate Go?

[Ferro-Alloys.com] This year, fluctuations on the renminbi exchange rate have changed people's impression that the currency can only appreciate. At the recent Shanghai Forum, experts expressed their views on the trend of the renminbi exchange rate and gave the...

Friday, May 30, 2014

China Eases Approval Process for Foreign Investment

China will relax the approval process for foreign companies planning to invest in China, while strengthening national security reviews, the country's top economic planning body said Friday.

Monday, May 26, 2014
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