China / Economy

China's trade outlook challenging: Minister

[2014-02-27 19:23]

Zhong Shan, China's deputy commerce minister, said China faces a challenging trade outlook this year and the work will be arduous, according to a statement on the ministry's website late on Wednesday.

China's reported antitrust cases up 8%

[2014-02-27 19:20]

China's Ministry of Commerce (MOC) received 224 antitrust cases in 2013, up 8 percent from a year ago, a ministry official said on Thursday.

Thousands of Caddy minivans recalled in China

[2014-02-27 14:01]

FAW-Volkswagen Automobile Co., Ltd. is recalling 9,037 of its Caddy small delivery vans in China due to a defect with the tailgate, China's top quality watchdog said Thursday.

Chinese companies are flocking to US for IPOS

[2014-02-27 03:19]

About 15 to 20 companies from China are expected to go public in the United States this year amid restored investor confidence in the nation's companies, a senior executive of the stock exchange in New York said on Wednesday.

China's central bank calms liquidity worries

[2014-02-26 20:58]

China's current liquidity is rich and moves to soak up liquidity do not mean changes in monetary policy, a central bank source said on Wednesday, as Chinese shares continue to endure stock market falls.

Shanghai FTZ lifts foreign-currency deposit rates cap

[2014-02-26 19:26]

China's central bank will remove interest rate ceilings on smaller foreign-currency deposits in the Shanghai Free Trade Zone from March 1, the latest in a spate of long-anticipated financial reforms.

China raises retail oil prices

[2014-02-26 19:23]

China's top economic planner announced on Wednesday that it will raise the per-tonne retail price of gasoline by 205 yuan ($33.61) and diesel by 200 yuan as of Thursday.

No shift in China's property loan polices

[2014-02-26 19:22]

All four major Chinese banks told Xinhua on Wednesday no changes had been made to their property loan policies, helping calm the somewhat panicking property and stock markets.

China-Russia railway bridge under construction

[2014-02-26 19:20]

The construction of a cross-border railway bridge linking Russia and China officially began on Wednesday in Russia's far eastern Jewish Autonomous Oblast.

HK to offer renminbi services to foreign banks

[2014-02-26 18:48]

Hong Kong is ready to provide reminbi services to overseas financial institutions at a wholesale level, said John Tsang Chun-wah, the financial secretary of Hong Kong.

Weibo owner faces modest growth in '14

[2014-02-26 11:40]

Sina Corp - a Chinese online media company that runs Weibo, China's version of Twitter - received a "buy" recommendation from an analyst who also reduced her 12-month price target.

China proceeds with caution on growth

[2014-02-26 09:44]

To sum up the government's performance in managing the economy last year, the country's top leadership noted on Monday that the year saw more difficulties than he had anticipated, but also yielded better results than what was once thought to be possible.

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