Sunday, March 16, 2014
Weibo Corp., the Chinese microblogging service often compared with Twitter, filed Friday for a U.S. stock offering seeking to raise US$500 million.
China announced on Saturday a modest easing of exchange rate controls that have been criticized by Washington and other trading partners, adding to a flurry of reform initiatives aimed at making its slowing economy more efficient.
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.