China's central bank defended on Tuesday new regulations imposed on the currency forwards market this month, saying they were not a form of capital control and were introduced after investors had speculated in the market.
Walking around the wholesale clothing market near Sun Yat-sen University in Guangzhou, Guangdong province, it doesn't take long to spot sellers from Shantou.
China's technology, media and telecommunication IPOs reached a new high in the first half of 2015, but the momentum is expected to slow in the next six months due to capital market fluctuations, according to a report from PricewaterhouseCoopers on Tuesday.
"Only if China's GDP growth is maintained at 5 to 6 percent, and if overcapacity does not lead to a chain of business failures, can we effectively prepare for long-term economic reform."
Firm denies it has taken a hit from the economic slowdown, claims payroll was already too large
Google Inc is in search of China business again, five years after its abrupt departure from the lucrative market.
Mainland bourses are contemplating the introduction of a circuit-breaker mechanism to arrest abnormal price swings on capital markets, even as government reassurances did little to check the slide in equities on Monday.
Chinese companies bank on research and development-led growth for better returns in Europe, reports Cecily Liu in London.
Long-distance running has become a craze among the increasingly affluent and health-conscious Chinese people.
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