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Finance & Economy

Weak demand pummels steel companies' finances

Listed Chinese iron and steel companies reported wide-ranging losses in the first three quarters against the backdrop of sluggish demand and renminbi depreciation.

Monday, November 23, 2015

hina's auto market feels global chill

Despite the summery weather in South China, the annual automotive show in Guangzhou has felt some chill from the slowdown of the world's largest auto market.

Monday, November 23, 2015

Beijing Capital plans more overseas M&As

Beijing Capital Co Ltd, the largest water service company in China, said on Thursday that it would consider acquiring overseas clean technology firms to meet the country's urgent needs in sewage and solid waste treatment.

Monday, November 23, 2015

China to further promote 'New Third Board'

The financial authorities released more measures on Friday to further promote the development of the Beijing-based National Equities Exchange and Quotations, better known as the "New Third Board".

Monday, November 23, 2015

China, ASEAN seals deal to upgrade bilateral FTA

China and the Association of Southeast Asian Nations (ASEAN) sealed a deal here Sunday to upgrade their free trade area (FTA), injecting fresh impetus into regional economic cooperation.

Monday, November 23, 2015

Chinese property sector sales momentum to continue: Moody's

Positive sales momentum for China's property sector, a major pillar for economic growth, will continue in the last quarter of 2015, Moody's Investors Service said Thursday.

Thursday, October 29, 2015

China's economy promising on steady track despite slowing Q3 data: economist

China's GDP growth in the third quarter should be viewed on a reasonable basis, as the economy is running on a stable track boosted by new growth drivers, an economist said.

Monday, October 26, 2015

China's low rates relieve corporate debt stress

The People's Bank of China (PBOC), the central bank, announced late Friday that both benchmark deposit rate and lending rates will be lowered by 25 basis points from Oct. 24.

Monday, October 26, 2015
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