Saturday, July 18, 2015
The Chinese joint venture between Fiat Chrysler Automobiles and the Guangzhou Automobile Group has announced plans to create a news sales company as it expands its SUV production in China.
Thursday, July 16, 2015
China's GDP expanded 7.0 percent year-on-year in the second quarter, official data showed Wednesday, beating expectations as months of central bank policy stimulus helped support the world's second-largest economy.
Wednesday, July 15, 2015
China's property market is warming up again in first-tier cities.
China's Communist government has averted a stock market crash -- for now -- but it will take the world's second-largest economy longer to repair tarnished reform credentials and investment sentiment battered by its heavy-handed intervention.
Liu Yiqian, a Chinese billionaire, expanded his gain by nearly 340 million yuan (US$54.8 million) after purchasing millions of stocks during the market downtrend last week, when the government rolled out a series of measures to prop up market sentiment and restore investor confidence.
China's bank lending rose in June and the broader money supply also increased, the central bank said Tuesday, as monetary easing measures to boost the world's second-largest economy kick in.
Tuesday, July 14, 2015
China's total trade slumped in the first half of this year, official data showed Monday, falling well short of the government's targets and dealing a blow to the global economy from its biggest trader in goods.
Monday, July 13, 2015
Yiin Chii-ming (尹啟銘), former minister of economic affairs of the Republic of China, Thursday suggested that as the stock market will eventually reflect the People's Republic of China's economic fundamentals, which he considers pretty good, he is not worried about the possibility of systemic risk.
Thursday, July 9, 2015
Chinese stocks stormed into positive territory in volatile trading Thursday as Beijing launched new measures to halt a dramatic sell-off that has also hurt regional share markets and commodity prices.
The warmth of the friendship between Chinese leader Xi Jinping and Russia's Vladimir Putin -- who meet Wednesday for the eighth time in two years -- does little to counter the bitter economic winds blowing through their shared border.