Saturday, February 14, 2015
China's bank lending more than doubled to 1.47 trillion yuan (US$235 billion) in January from December, the central bank said Friday, with analysts citing seasonal factors and monetary easing.
Thursday, February 12, 2015
Nearly half of foreign companies in China feel singled out in a wave of anti-monopoly and other investigations, and a growing number are deciding not to expand their investments, the American Chamber of Commerce in China said Wednesday.
Chinese foreign direct investment into Europe appears to be becoming a fixture after hitting a record US$18 billion (15.9 billion euros) last year, with food and agriculture the top draw, a report said Wednesday.
Wednesday, February 11, 2015
China fined chipmaker Qualcomm 6 billion yuan (US$975 million) in the biggest of a wave of anti-monopoly penalties that have rattled foreign companies.
China's inflation plunged to a more than five-year low of 0.8 percent in January, official data showed Tuesday, fueling fears the world's second-largest economy is on the brink of a deflationary spiral.
Monday, February 9, 2015
China's monthly trade surplus rose 88 percent to reach a record 370 billion yuan (US$59 billion) in January, data showed Sunday, as imports dropped sharply on lower commodity prices and sluggish domestic demand.
China's railway equipment exports accounted for 10 percent of global market share in 2014, said Wang Xiaotao, vice minister of the National Development and Reform Commission, on Friday.
The towers of Disney's planned Magic Kingdom in Shanghai are wreathed in scaffolding and mystery after the U.S. entertainment giant pushed back the opening of its first mainland China theme park to 2016.
Thursday, February 5, 2015
China's central bank said Wednesday it would make an across-the-board cut in the percentage of funds banks must hold in reserve, the first such cut in nearly three years as the world's second-largest economy falters.
Wednesday, February 4, 2015
A Chinese solar energy tycoon has replaced e-commerce giant Alibaba's founder Jack Ma as the country's richest man with a fortune of US$26 billion, a wealth survey showed Tuesday.