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Macro Economy

Chinese Yuan Moves Closer to International Currency Status, Says Bank of China Report

Chinese Yuan Moves Closer to International Currency Status, Says Bank of China Report

The overall stability of cross-border capital flows provides favorable background for the steady progress of the internationalization of the yuan…

Feb 1, 2018
Song Yikang
Chinese Regulators to Reduce Real Estate Firms' Access to M&A Loans

Chinese Regulators to Reduce Real Estate Firms' Access to M&A Loans

China’s banking regulators aim to restrict access to loans used for mergers and acquisitions in the country’s real estate sector in response to a rapid rise in lending volumes since 2015.

Feb 1, 2018
Liao Shumin
China and UK Agree to Extend Industrial Cooperation During PM’s Visit

China and UK Agree to Extend Industrial Cooperation During PM’s Visit

China and the UK will extend existing cooperation between the countries to a broader range of sectors including high-end manufacturing,…

Feb 1, 2018
Liao Shumin
Chinese Regulator Looks to Quell Liquor Makers’ Thirst For Profits

Chinese Regulator Looks to Quell Liquor Makers’ Thirst For Profits

Chinese regulators have told the country’s leading liquor makers that they must keep their product prices stable, especially in the run-up to Chinese New Year, starting Feb. 15.

Feb 1, 2018
Lin Zhiyin
China’s Foreign Affairs Ministry Hails Singapore’s RCEP Statement

China’s Foreign Affairs Ministry Hails Singapore’s RCEP Statement

China’s foreign affairs ministry yesterday welcomed a statement by Chan Chun Sing, the Minister in the Prime Minister’s Office of…

Jan 31, 2018
Xu Wei
China Cannot Force Foreign Firms to Transfer Technology, Industry Minister Says

China Cannot Force Foreign Firms to Transfer Technology, Industry Minister Says

The Chinese government is acutely aware of the importance of protecting intellectual property rights and China has no way…

Jan 30, 2018
Xu Wei
Latest Economic Data Boosts Shanghai Mayor’s Confidence in City’s Future

Latest Economic Data Boosts Shanghai Mayor’s Confidence in City’s Future

Shanghai Mayor Ying Yong feels more confident in the city’s future after its high-quality economic growth last year.

Jan 30, 2018
Tang Shihua
Chinese Yuan to Hit 6.18 Versus Dollar by Year’s End, CICC Predicts

Chinese Yuan to Hit 6.18 Versus Dollar by Year’s End, CICC Predicts

The Chinese yuan is set to rally further against the U.S. dollar, climbing to 6.18 by the close of this…

Jan 29, 2018
Tang Shihua
Heavy Snows Burden China’s Power Grid as Two Provinces Cap Use

Heavy Snows Burden China’s Power Grid as Two Provinces Cap Use

Several of China’s provinces have registered record levels of electricity use, with two resorting to rationing, amid heavy snowfalls and…

Jan 29, 2018
Liao Shumin
China Needs 500,000 New GPs to Follow Through on Plans for Medicine

China Needs 500,000 New GPs to Follow Through on Plans for Medicine

China needs 500,000 more general practitioners if it wants to set up a hierarchical medical treatment system and have one…

Jan 29, 2018
Ma Xiaohua
China’s GDP Growth May Slow to 6.5% in 2018, Former PBOC Chief Economist Says

China’s GDP Growth May Slow to 6.5% in 2018, Former PBOC Chief Economist Says

China’s rate of economic expansion may slow this year to around 6.5 percent due to a sales slowdown in real…

Jan 29, 2018
Xu Huiyun
Chinese Social Security Fund Has Invested USD43 Billion of Managed Assets, Official Says

Chinese Social Security Fund Has Invested USD43 Billion of Managed Assets, Official Says

The National Council for Social Security Fund has invested CNY273.2 billion (USD43.4 billion) of the CNY430 billion Beijing, Anhui and…

Jan 26, 2018
Xu Wei

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