Friday, August 7, 2015
U.S. investment bank Goldman Sachs has estimated the mainland Chinese government has spent up to 900 billion yuan (US$147 billion) in the last two months to try to prop up stock prices and halt a market rout.
Thursday, August 6, 2015
China is aiming to issue 1.0 trillion yuan (US$164 billion) worth of bonds to fund construction projects to help boost the slowing economy, Bloomberg News reported, quoting unnamed sources.
Tuesday, August 4, 2015
A key gauge of Chinese manufacturing activity plunged to a two-year low in July, an independent survey showed Monday, the latest data suggesting the world's second-largest economy faces downward pressure in the third quarter.
Thursday, July 30, 2015
General Motors Co.'s US$5 billion initiative to create cars for China and other emerging markets comes just as automakers face a collapse in the booming Chinese demand they were counting on to power their growth.
A Beijing court has dismissed a trademark case brought by U.S. basketball superstar Michael Jordan against a company using a similar name and logo to his Nike-produced brand, a report said.
Wednesday, July 29, 2015
Asian markets mostly fell again Tuesday, with Shanghai seeing another round of wild volatility a day after its heaviest one-day loss in more than eight years.
Tuesday, July 28, 2015
Shanghai stocks plummeted 8.48 percent on Monday, their biggest fall for more than eight years and defying government efforts to prop up the market as investors worry such support may not last and prospects for the broader economy dim.
Mainland China is lifting its ban on sales of video game consoles to promote the industry and a new manufacturing zone in Shanghai.
Wednesday, July 22, 2015
A new US$100 billion international bank dedicated to the emerging BRICS countries opened in China's commercial hub Shanghai on Tuesday, officials said, as an alternative to other multilateral lenders.2 Comments
Foreign investment into China rose 8.0 percent in the first half of this year as mergers and acquisitions by overseas companies more than quadrupled in value, the commerce ministry said Tuesday.