Friday, September 4, 2015
World finance ministers and central bankers gather in Turkey this weekend to grapple with the fallout of slowing growth in mainland China, tanking emerging economies and panicked global stock markets.
Wednesday, September 2, 2015
Mainland Chinese manufacturing showed further signs of weakness in August, adding to evidence of an inexorable slowdown in the world's No. 2 economy despite recent government efforts to support growth.
Tuesday, September 1, 2015
China Construction Bank (CCB), one of the country's biggest state banks, said net profit for the first half of the year were flat, hit by rising bad loans.
Sunday, August 30, 2015
China on Saturday scrapped a two-decade limit on the percentage of funds banks can lend out relative to deposits, state media reported.
China's pension funds do not have the obligation to prop up or rescue the country's turbulent stock market, a top official said on Friday amid popular expectations for the funds to do so.
Saturday, August 29, 2015
Mainland China's economy may be slowing but it is "not falling off a cliff," the chief executive of Southeast Asia's biggest bank said Friday.
Just as they thought they could begin moving away from crisis mode, China's turmoil has become a new threat to the world's top central bankers.
Mainland China has eased property investment rules for foreign individuals and institutions across the country, enabling qualified foreign institutional and individual investors to buy more properties on the Chinese mainland, authorities announced in a circular on Thursday evening.
Friday, August 28, 2015
Shanghai stocks closed up 5.34 percent on Thursday, cheered by a rally on Wall Street and a domestic interest rate cut this week aimed at boosting the world's second-largest economy, dealers said.
Thursday, August 27, 2015
The head of mainland China's work safety watchdog has been sacked, state media said Wednesday, two weeks after giant explosions in one of the country's largest ports killed 139 and injured hundreds.