Sunday, March 2, 2014
Ctrip, a Shanghai-based leading online travel agency, has reported that Taiwan is the favorite travel destination for people in China born after 1980.
Saturday, March 1, 2014
Reports indicate that the Chinese yuan is rapidly losing its speculative appeal and has tumbled to become one of the least attractive currencies among developing markets for investments following heavy-handed regulatory intervention.
China's yuan currency fell nearly one percent against the U.S. dollar in intraday trade Friday, its biggest drop in years, before recovering some ground but still closing at an eight-month low.
Friday, February 28, 2014
In a series of vast hangars, dozens of Chinese technicians swarm over fuselages of Airbus A320 planes, foot soldiers in the battle to dominate what will become the world's largest aircraft market.
Wednesday, February 26, 2014
The Chinese yuan on Monday recorded its fifth consecutive session of weakening against the greenback, propelling a similar decline against the local currency, representing the preconditions for an ideal entry point for investors favoring yuan-denominated fixed deposits, according to reports.
Friday, February 21, 2014
A key index of Chinese manufacturing fell further in February to hit its lowest level in seven months, HSBC said Thursday, in a sign of diminishing strength in the world's second-largest economy.
Monday, February 17, 2014
China's bank lending surged in January from December, the central bank said, but analysts attributed the rise to seasonal factors.
Saturday, February 15, 2014
A US$160 million investment vehicle sold by China's second-largest bank has missed four scheduled payments, state media reported, as fears grow that potential financial sector defaults could roil markets in the world's second-biggest economy.
Thursday, February 13, 2014
Wednesday, February 12, 2014
China's gold consumption soared 41.36 percent in 2013, industry data showed, with state media reporting Tuesday the country has probably overtaken India as the world's largest consumer of the precious metal.