Tuesday, December 1, 2015
After enduring days of intense back pain that made it difficult for her to walk, Inner Mongolian native Chen Hailing decided that it was time to get a professional opinion from a doctor -- on her smartphone.
Saturday, November 28, 2015
Three of mainland China's biggest securities firms are under investigation in a fresh aftershock from this summer's market plunge.
The International Monetary Fund's (IMF) decision to include the yuan in the Special Drawing Rights (SDR) basket will not directly increase the demand for yuan assets. Also, the implicit endorsement of the yuan as a reserve asset is unlikely to sway the decisions of global asset managers. Indeed, mainland China's market interventions this year in response to capital outflows and the bursting of the equity bubble provide strong reasons for them to steer well clear.
A fresh bout of capital outflow from emerging markets sparked by a strong U.S. dollar will exert a "relatively big downward pressure" on the economies of both Hong Kong and mainland China next year, Hong Kong's de facto central bank has warned.
A plunge in mainland Chinese stocks dragged Asian markets down Friday after authorities launched a probe into several brokerages and profits at the country's industrial giants sank far more than expected.
Monday, November 23, 2015
The mainland Chinese economy has shown signs of sharp declines in 2015, and the trend is expected to continue in 2016, with the growth rate forecast at 6.6 percent, according to a report published by Renmin University of China Sunday.
Thursday, November 19, 2015
Trading in yuan-denominated securities got underway on the Frankfurt stock exchange Wednesday, hailed as the first such market outside China.
Wednesday, November 18, 2015
Chinese investment in Africa fell by more than 40 percent year-on-year in the first half of 2015, officials said Tuesday, as the Asian giant's slowing growth dents its commodity demand.
Tuesday, November 17, 2015
Business leaders in the Asia-Pacific are losing confidence in their revenue prospects because of China's cooling economy and perceived higher risks in emerging markets, a survey released Monday showed.
Saturday, November 14, 2015
Mainland China's economic troubles have dropped on the doorstep of a sun-weathered house at 18 Edgar St. in Port Hedland on Australia's northwest coast.1 Comment