China to continue keeping exchange rate stable at adaptable and equilibrium level
Mar 22, 2016 06:08 am UTC| Commentary Economy
On Monday, Premier Li Keqiang told IMF Managing Director Christine Lagarde that China does not intend to stimulate exports by devaluating the yuan and will continue to keep the exchange rate basically stable at an...
China to press ahead with structural reforms
Mar 21, 2016 13:40 pm UTC| Commentary Economy Politics
Peoples Bank of China Governor Zhou Xiaochuan over the weekend sounded a warning over the countrys rising debt levels, saying corporate lending as a ratio to gross domestic product had become too high and the country must...
Chinese property prices warm up faster in February
Mar 18, 2016 11:01 am UTC| Commentary Real Estate
House price in China edged up again in February and at faster pace this time around, with more than 65% of the cities reporting a price rise. According to the survey, 47 of the 70 large cities surveyed, reported increased...
Chinese economy still struggles with mixed bag of economic data in Q1
Mar 16, 2016 14:54 pm UTC| Insights & Views Economy
Activity indicators in Q1 so far evidenced that public investment strengthened, partly offsetting weakness in the private sector. Industrial production grew 5.4% YoY in Q1 so far, down from previous 5.9%...
NPC meetings suggests China's monetary and fiscal policy will be more pro-active in 2016
Mar 16, 2016 12:32 pm UTC| Insights & Views Economy
Chinas parliament today approved a new five-year plan, setting out an ambitious target of an average economic growth of 6.5-7 per cent a year by 2020. The size of Chinas economy is expected to exceed 90 trillion yuan (USD...
China sees difficulties in manufacturing sector, serious about cutting overcapacity
Mar 16, 2016 10:13 am UTC| Commentary Economy
Chinas National Peoples Congress today approved the 13th five-year plan that highlights the major economic targets from 2016 to 2020. The key targets are newly added urban jobs and the economic growth. The Chinese...
China's overall growth outlook remains gloomy
Mar 15, 2016 15:33 pm UTC| Commentary Economy
Chinas National Bureau of Statistics released two of Chinas key economic indicators retail sales and industrial production over the weekend and data printed disappointingly weak, underscoring the challenges policymakers...
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