China Economy
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‘Opposition forces using “extreme means” to thwart CPEC’
Pakistan should provide enhanced security to Chinese nationals working for the USD 46 billion China-Pakistan economic corridor as the country’s domestic and foreign opposition groups are using “extreme means” to sabotage the ambitious project, a state-run Chinese daily said today.
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China steel rallies 4 per cent to one-month high on Tangshan output curbs
Chinese steel futures climbed more than 4 percent to a one-month high on Monday amid production curbs in the top steelmaking city of Tangshan that could limit supply in the short term.
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China should further open state sector to boost private investment-Statistics bureau
China needs to further open up its state sector in order to arrest a steep slowdown in private sector investment, the statistics bureau said on Monday.
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China Jan-May investment growth cools unexpectedly but factories hold up
Price data showed consumer inflation cooled, but production price deflation eased markedly, reducing some of the strains on Chinese companies which are battling shrinking profit margins.
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China’s Q2 economic growth to be stable: Statistics bureau
China expects second quarter economic growth to be stable, though exports face pressure from global uncertainties, a spokesman for the statistics bureau said on Monday.
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China must take immediate steps to check corporate debt: IMF
China’s corporate debt is a serious and growing problem and the world’s second largest economy must take immediate steps to tackle this to avoid new “debt bubble”, a top IMF official said today.
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India, China spar over steel dumping
China on Thursday expressed serious concern over India starting an anti-dumping investigation against Chinese steel products, while New Delhi has already imposed anti-dumping duty on them.
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China to invest $8.5 billion to upgrade Pakistan’s rail network, build gas pipeline
China will invest about $8.5 billion to upgrade Pakistan’s rail network and to build a key gas pipeline with Iran to meet the country’s energy needs, a media report said today.
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China May inflation muted but producer deflation eases, policy seen steady
Deflationary pressures in China eased further in May, relieving some pressure on cash-strapped companies, but consumer inflation was cooler than expected…
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China grant US 250 billion yuan in RQFII investment quota
China will grant the United States a 250 billion yuan ($38 billion) quota under its Renminbi Qualified Foreign Institutional Investor (RQFII) programme, a central bank vice governor said on Tuesday…
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China, US will further enhance economic policy coordination: China finance minister
China and the United States will further enhance macroeconomic policy coordination, China finance minister Lou Jiwei said on Monday.
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US supports China’s market reforms, capacity cuts: US treasury secretary
The United States supports China’s efforts to cut excess industrial capacity and encourages its use of fiscal and lending policies to strengthen consumer demand as part of its economic transition, U.S. Treasury Secretary Jack Lew said on Monday.
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Chinese manufacturing surveys show lingering weakness
China’s factory activity was feeble last month, according to two surveys released Wednesday, indicating that official efforts to reverse a downturn in the world’s second-biggest economy are struggling.
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China Xi Jinping president urges faster reforms to unleash growth drivers
China must press ahead with “supply-side structural reforms” to help unleash growth drivers in the economy, state radio quoted President Xi Jinping as saying on Wednesday.
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Moody’s downgrades Macau rating as gambling sector slumps
Moody’s downgraded Macau’s issuer rating to Aa3 from Aa2 on Wednesday and assigned it a negative outlook given a protracted slump in the gambling sector on which the city’s economy overwhelmingly depends.
