More aggressive loosening measures are needed. The fall in the interbank interest rate in recent weeks clearly demonstrated the intent of the central bank to ease financing conditions. Further reserve requirement ratio cuts are necessary to lower real interest rates and we believe this is likely to happen in the coming weeks.
South Pacific finds its place on official TV demonstration map of trade, investment plan
Companies from China should be aware of the significant risks and the considerable opportunities as the government implements a strategy to revive the historical trading connections along the ancient Silk Road, said a report from a United Kingdom-based think tank.
Alibaba Group Holding Ltd risks being blacklisted in the United Stated after a clothing trade group filed a complaint against the company alleging that the e-commerce giant has tolerated the sale of counterfeit and pirated goods on its Taobao platform.
Sustained capital inflows from mainland investors lift sentiment and trigger stock market frenzy, reports Xie Yu in Hong Kong.
Foreign exchange reserves held by China slid by the most on record during the first quarter, fueling speculation the central bank sold holdings to support the yuan as money flowed out of the world's second-largest economy.
Investors in the Chinese mainland are permitted to open multiple stock-trading accounts, as regulators on Monday removed the "one person, one account" restriction amid a dramatic bull run in the equities market.
Hong Kong options traders have never been so bullish on the city's stock market after surging inflows from the Chinese mainland propelled the Hang Seng Index to the biggest rally worldwide last week.
Scaling back the multiple-entry permits for mainland visitors may deal a severe blow to the retail industry in the Hong Kong Special Administrative Region, industry analysts said on Monday.
Smartphone vendor says low price, high quality will be winning formula in the world's most competitive market, reports Gao Yuan.
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