Friday, January 10, 2014
China's inflation rate was 2.6 percent in 2013, official data showed Thursday — well below the 3.5 percent target set by the government in the world's second-biggest economy.
The Shanghai Taiwan Affairs Office of the State Council, PRC (STAO, 海市台灣事務辦攻室) yesterday announced that 18 Taiwanese companies are poised to participate in the city's pilot free trade zone program.
China's auto sales smashed through the 20 million mark last year, growing nearly 14 percent and extending its lead as the world's biggest car market, an industry group said Thursday.
Thursday, January 9, 2014
China has formally authorized the domestic sale of game consoles made in Shanghai's new free trade zone (FTZ), potentially opening its lucrative market to the likes of Sony's PlayStation and Microsoft's Xbox.
About 60 percent of Chinese corporate leaders say they cannot do business with Japanese firms because of thorny relations between the two countries, a poll published Wednesday showed.
Wednesday, January 8, 2014
China will allow the creation of up to five privately financed banks this year to support economic growth by gradually opening the state-run industry, the country's banking regulator says.
Sunday, January 5, 2014
A top Chinese financial regulator has suggested the country could introduce a tax on foreign exchange transactions among other steps to guard against speculative capital flows amid further economic liberalization.
Friday, January 3, 2014
The tiny Chinese city of Macau has again smashed its annual record for casino earnings as revenues last year hit a staggering US$45 billion, further underlining its outsized position as the world's biggest gambling market.
Thursday, January 2, 2014
The Purchasing Managers' Index for December retreated to 51 from 51.4 in November, its lowest level since August, indicating weaker economic growth.
Tuesday, December 31, 2013
China on Monday announced the results of a long-awaited debt audit, revealing that liabilities carried by local governments ballooned to 17.9 trillion yuan (US$2.95 trillion) as of the end of June.