Wednesday, February 12, 2014
China's gold consumption soared 41.36 percent in 2013, industry data showed, with state media reporting Tuesday the country has probably overtaken India as the world's largest consumer of the precious metal.
Saturday, February 8, 2014
Chinese yuan-denominated deposits in Taiwan are expected to surpass 300 billion yuan (US$49.5 billion) by the end of this year, representing an annual increase of 64 percent, DBS Bank forecast Friday.
Friday, January 31, 2014
Wal-Mart said Wednesday it will tighten inspections on its suppliers in China after it was forced to recall donkey meat products that had been found to contain fox.
Chinese manufacturing shrank this month for the first time in half a year, a survey of factory purchasing managers confirmed on Thursday. The HSBC survey backs up a preliminary version earlier this month that unsettled global investors by raising fears the world's No. 2 economy is slowing.
Monday, January 27, 2014
A shockwave is looming in China's multitrillion dollar “shadow banking” system, with an unprecedented default only days away on a US$500 million investment product sold to hundreds of people.
Friday, January 24, 2014
Chinese manufacturing contracted for the first time in six months in January, a survey showed Thursday, casting a pall over growth prospects for the world's second-largest economy this year.
China's central bank pumped almost US$20 billion into the banking system Thursday, it said, to ease a liquidity squeeze before the Chinese New Year holiday that has rattled financial markets.
Tuesday, January 21, 2014
China's economic growth decelerated in the final quarter of 2013 and appears set to slow further, adding to pressure on its leaders to shore up an expansion as they try to implement sweeping reforms.
Saturday, January 18, 2014
The number of online microblog users in China dropped by more than 27.8 million last year, marking the first major decline in popularity of a social media genre that has offered a way to share unfiltered information in a country with strict controls.
Friday, January 17, 2014
Chinese Netizens spent almost four hours per day online in 2013, according to a report released by the China Internet Network Information Center (CNNIC) yesterday.