Concerns that loosening controls over China's capital account may lead to strong volatility in capital flows are "overdone", Ma Jun, the chief economist at the central bank's research bureau, told a forum on Tuesday.
Premier Li Keqiang's recent trip to the United Kingdom has played a significant role in boosting bilateral relations, top business leaders from the UK said on Tuesday.
Bitcoin, a virtual currency, may be a game changer for overseas investment as many Chinese are using it to snap up properties in Europe, insiders said.
Low valuations, robust fundamentals offer attractive pickings for investors
China won't be able to achieve a transition to a sustainable growth model without at least paying a short-term price, top economists said on Tuesday.
Despite a month-on-month slump of housing prices in May for the first time in almost two years, some leading domestic developers remain optimistic that inelastic demand from first-time buyers will revive transactions in second- and third-tier cities.
Some Chinese-backed property projects are being held up on South Korea's Cheju Island as the local government has decided to re-examine previously approved plans and substantially raise the requirements for foreigners to obtain permanent residence through real estate investment, media reports said.
China and Australia may conclude a decade of negotiations on a free-trade agreement by the end of this year, Australian officials said on Tuesday after talks with Chinese officials.
Global ratings agency Universal Credit Rating Group launched its international advisory council with some high-profile names on Monday, aiming to establish what it said would be a fairer credit rating system to challenge the status quo.
The China Insurance Regulatory Commission said on Monday that it approved a two-year pilot program involving reverse mortgages, part of the government's drive to improve the situation of the country's rising number of retirees.
Chinese company follows path of acquisitions and integration to secure resources in Africa, report Xing Zhigang and Li Jiabao from Johannesburg
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