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June, 25, 2016

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Business > Asia > China
China growth slides to 25-year low in 2015: survey
China recorded its lowest growth in a quarter of a century in 2015, an AFP survey has forecast, projecting a further slowdown in the world's second-largest economy this year.
Mainland China's bank lending declined sharply in December from November, the central bank said on Friday, despite moves to keep the world's second largest economy from slowing further with looser monetary policy.
Foreign investment into China accelerated in 2015 as cash poured into the country's service sector, official data showed Thursday, despite slowing expansion in the world's second-largest economy.
Mainland China's top diplomat warned Thursday that a new global financial crisis was possible as markets suffer a painful rout at the start of the year, partly over fears of turmoil in the world's second largest economy.
China's stock market resumed its volatile plunges on Monday, as worries over the slowing economy and the authorities' ability to manage it sent traders fleeing, dealers said.
The total number of workers needed for the Laos-China rail project throughout the five years of its construction could reach 100,000 people, Lao Deputy Prime Minister Somsavat Lengsavadhas has said.
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China's consumer inflation rate crept higher in december, official data showed Saturday, as the world's second-largest economy struggles with slower growth.
Chinese equities bounced on another day of volatility across Asia on Friday as investors were panicked by Beijing's attempts to stabilize its beleaguered markets, with growing fears the global economy could be teetering.
'Circuit breaker' closes China stocks for 1st time after 7% drop
Mainland Chinese authorities for the first time closed the Shanghai and Shenzhen stock exchanges early under a "circuit breaker" mechanism to curb volatility after shares fell 7 percent Monday, raising concern over their commitment to market openness.
China manufacturing worsened in December for 10th straight month
Mainland China's factory activity shrank further in December, a private survey showed Monday, the 10th consecutive month of contraction with the world's second-largest economy set to post its weakest growth in a quarter of a century.
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