Friday, March 14, 2014
China's industrial production rose at its slowest pace in five years and other key indicators showed surprising weakness, data showed Thursday, raising alarm bells over the world's second-largest economy as Premier Li Keqiang outlined “serious challenges” ahead.
Chinese Premier Li Keqiang signaled on Thursday that Beijing was willing to accept some debt defaults in the world's second-largest economy as it struggles to clean up its multi-trillion-dollar “shadow banking” sector.
Japanese electronics giant Panasonic said Thursday it would give employees sent to China a wage premium to account for the country's hazardous air pollution, in a possible first for an international company.
Wednesday, March 12, 2014
Companies including Internet giants Alibaba and Tencent have been picked to set up China's first five privately owned banks, the industry's chief regulator said Tuesday.
Sunday, March 9, 2014
China recorded an unexpected trade deficit of US$22.98 billion in February, official figures showed Saturday, with authorities blaming the country's holiday season for the weak performance.
Saturday, March 8, 2014
China's first-ever default on a domestic corporate bond Friday has sparked legal action by investors owed interest payments from a solar company, their lawyer said.
Thursday, March 6, 2014
China is targeting growth of about 7.5 percent in 2014, Premier Li Keqiang said Wednesday, promising to “declare war” on pollution as the government pledges to transform the world's second-largest economy.
Tuesday, March 4, 2014
Chinese manufacturing activity contracted in February at its worst rate in seven months, British banking giant HSBC said Monday, the latest data indicating trouble in the world's number two economy.
Naquasia LeGrand was frying chicken, sweeping floors and serving customers for US$7.25 an hour when she was recruited by union organizers to join a campaign for higher pay.
Monday, March 3, 2014
China replaced the United States as the world's largest merchandise trader in 2013, a milestone in the country's decades-long trade expansion path, the Ministry of Commerce said on Saturday.