Sunday, January 5, 2014
A top Chinese financial regulator has suggested the country could introduce a tax on foreign exchange transactions among other steps to guard against speculative capital flows amid further economic liberalization.
Saturday, January 4, 2014
Thursday, January 2, 2014
China's manufacturing growth slowed in December for the first time in six months, official figures showed on Wednesday, suggesting the world's second-largest economy faced headwinds at the end of last year.
The Purchasing Managers' Index for December retreated to 51 from 51.4 in November, its lowest level since August, indicating weaker economic growth.
Wednesday, January 1, 2014
Five Chinese companies said Tuesday that they had received permission to raise a combined 2.1 billion yuan (US$347 million) in initial public offerings (IPOs), ending a year-old official freeze on flotations.1 Comment
Tuesday, December 31, 2013
China on Monday announced the results of a long-awaited debt audit, revealing that liabilities carried by local governments ballooned to 17.9 trillion yuan (US$2.95 trillion) as of the end of June.
Saturday, December 28, 2013
General Motors Co. and its China joint venture partner will recall close to 1.5 million vehicles due to potential safety issues in one of the biggest recalls in the world's biggest autos market.
Friday, December 27, 2013
China's Cabinet estimates this year's economic growth edged down to 7.6 percent and warned it faces pressure to decline further, a state news agency said Thursday.
The sale of luxury food gift boxes in China fell dramatically in 2013, Chinese state media said, in another sign of the impact the ruling Communist Party's anti-corruption drive has had on consumer behavior.
Tuesday, December 24, 2013
China's interbank interest rates surged again on Monday despite hefty cash injections last week by the central bank, suggesting money market stress remains as authorities maintain a prudent stance.