Friday, September 11, 2015
Mainland China's auto sales declined in August for a third month but some brands reported gains following a market downturn that shook the global industry.
Moody's Investors Service is challenging a US$3 million fine by Hong Kong's securities regulator, which accuses the credit rating agency of misconduct over a 2011 report that flagged potential problems at mainland Chinese companies.1 Comment
Mainland China plans to launch a yuan-denominated international benchmark for crude oil futures this year aimed at the Asian market, an industry source said Thursday.
Thursday, September 10, 2015
Mainland Chinese online giant Alibaba on Wednesday set up a new company to focus on professional sports, it said in a statement, as it seeks new business areas beyond e-commerce.
Wednesday, September 9, 2015
Mainland Chinese exports and imports contracted in August in the latest sign of weakness for the world's second-biggest economy.
Tuesday, September 8, 2015
China on Monday lowered last year's growth figure, already the weakest in a quarter-century, days after worries about slowing expansion in the world's second-largest economy caused global stock market havoc.
China's foreign exchange reserves fell by a record US$93.9 billion last month, the government said Monday, as Beijing sold dollars to support its own currency following jitters over a sudden devaluation.
Mainland China's central bank governor and its market regulator have admitted that there were "bubbles" on the country's stock exchanges, after a spectacular rally was followed by a painful bust, but said the routs were coming to an end.
Saturday, September 5, 2015