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January, 22, 2017

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Business > Asia > China
China insisted its controls over some raw materials exports were legal, after the European Union followed the United States to take it to the World Trade Organization over the restrictions.
China's economy expanded more than expected in the second quarter of the year, data showed Friday, fueling hopes growth may be stabilizing, but analysts warned private investment still needed to pick up.
Mainland China's imports and exports both fell at a faster rate in June, official data showed Wednesday, in the latest poor indicator for the world's second-largest economy.
Mainland China's car sales expanded at a faster pace in the first half of the year, boosted by strong demand for sport utility vehicles in the world's largest auto market, an industry group said Monday.
The long-expected Shenzhen-Hong Kong Stock Connect is likely to be launched in the fourth quarter of 2016 as the southbound quota for the Shanghai-Hong Kong Stock Connect is running out, an expert forecasts.
Mainland China's foreign exchange reserves unexpectedly increased by US$13 billion last month, officials said Thursday, as pressure on its currency the yuan to depreciate apparently eased.
Chinese appliance giant Midea has secured majority control in German industrial robotics supplier Kuka, it said Thursday, with a multi-billion-euro offer that stoked controversy in Europe.
Shares in struggling West China Cement plunged more than 30 percent Monday after a much-needed merger deal with the country's largest cement-maker collapsed last week.
China manufacturing drops  sharply 4th straight month
Activity in Chinese factories suffered its sharpest deterioration for four months in June, figures showed Friday, as weak demand and industrial overcapacity weighed on the world's second-largest economy.
The cost of Chinese new homes rose at a slower rate in June from the previous month, figures showed Friday, as measures to tame prices in the world's second-largest economy took hold.
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