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Finance & Economy

China to ease financing pressure of companies

The State Council, the country's cabinet, announced Thursday (Aug 14th) a batch of measures to reduce the high financing costs for enterprises.

Friday, August 15, 2014

China to boost Barter Trade

China is seeking to establish a legalized system of barter trading to help companies reduce inventories and boost profits, an official with the China National Excess Inventory Association has said.

Monday, August 11, 2014

China Advances Property Tax Reforms

The cooling of China's property market is likely to encourage authorities to speed up property tax reforms, which many believe will play a key role in putting the sector back on track.

Monday, August 11, 2014

All Regions Report low GDP growth

All China's 31 provincial-level governments reported lower than expected local GDP growth in the first half of 2014, with regions reliant on heavy industry suffering the biggest blow amid economic restructuring and a cut to industrial overcapacity.

Friday, August 8, 2014

HSBC China Data Shows Continually Improving Economy

HSBC China's reading of the country's manufacturing purchasing managers' index (PMI) has risen to its highest point since the start of 2013, adding to signs of national economic improvement.

Friday, July 25, 2014

PBOC to Use New Tools for Liquidity Operations

The central bank will use unconventional monetary tools such as re-lending and pledged supplementary lending to maintain relatively loose liquidity, rather than turning to conventional tools including lowering interest rates or the reserve requirement ratio, s...

Wednesday, July 23, 2014

RMB developing quickly as major world currency

The renminbi is on track to become the third-largest international currency behind the US dollar and the euro within five years as China accelerates its promotion of the yuan, said a Renmin University of China report released on Sunday(July 19th).

Tuesday, July 22, 2014

Downward Pressure Burdens Chinese Economy

Although Chinese leaders have stressed the flexibility of the GDP growth target, an inspection group dispatched by the State Council found that attaining "reasonable" growth remains a struggle.

Monday, July 14, 2014
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