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Macro Economy

China Will Likely Post 6.8% Economic Growth Rate This Year, Report Says

China Will Likely Post 6.8% Economic Growth Rate This Year, Report Says

China will likely record an economic growth rate of 6.8 percent for this year, per the China Economist Survey on Hot Topics for the fourth quarter.

Dec 29, 2017
Zhu Yanran
Shandong to Slash Coal Capacity by 10 Million Tons After Criticism From Beijing

Shandong to Slash Coal Capacity by 10 Million Tons After Criticism From Beijing

China’s Shandong province plans to shut down nine coal mines in a bid to reduce capacity by 10.23 million metric tons next year after a public grilling from the central government on Dec. 26.

Dec 29, 2017
Xu Wei
China’s Saturated Trucking Market Has Left 30 Million Drivers in Debt, Report Says

China’s Saturated Trucking Market Has Left 30 Million Drivers in Debt, Report Says

Some 30 million Chinese truck drivers are heavily indebted -- more so than workers in any other profession in the…

Dec 28, 2017
Guo Jinhui
Shenzhen Unveils Intellectual Property, Financial Courts in China’s IPR Protection Pilot Zone

Shenzhen Unveils Intellectual Property, Financial Courts in China’s IPR Protection Pilot Zone

wo new courts approved by China’s Supreme People’s Court formally opened in Shenzhen, the southern Guangdong province. They will be…

Dec 27, 2017
Dou Shicong
Hong Kong Land Sales Hit Record USD16 Billion After Government Sells Big-Ticket Plots

Hong Kong Land Sales Hit Record USD16 Billion After Government Sells Big-Ticket Plots

Hong Kong’s thriving property market has pushed up the region’s land sales revenue to a record-high of almost HKD130 billion…

Dec 27, 2017
Liao Shumin
China Ramps Up Non-Fossil Fuel Production as It Battles Pollution

China Ramps Up Non-Fossil Fuel Production as It Battles Pollution

China has ramped up non-fossil fuel production amid a government campaign to curb pollution and promote clean energy.

Dec 27, 2017
Liao Shumin
State Council Approves Shanghai’s Plan to Cap Population at 25 Million

State Council Approves Shanghai’s Plan to Cap Population at 25 Million

China’s cabinet, the State Council, has approved Shanghai’s plan to cap its permanent resident population at 25 million as it…

Dec 26, 2017
Liao Shumin
Wide Earnings Gap Exists Among Listed Chinese Firms’ Execs, Report Says

Wide Earnings Gap Exists Among Listed Chinese Firms’ Execs, Report Says

The top three executives’ compensation at 13 of China’s 2,829 listed companies was above CNY100 million (USD15.2 million) last year,…

Dec 26, 2017
Liao Shumin
 China Seeks Indicators to Better Capture the New Economy

China Seeks Indicators to Better Capture the New Economy

The new economy presents challenges to the Chinese government in terms of economic measurement and China is studying new…

Dec 26, 2017
Zhou Ailin
China Needs to Keep Economic Growth in Check, Ex-NBS Official Says

China Needs to Keep Economic Growth in Check, Ex-NBS Official Says

China needs to slow down its economic growth to ensure the costs of development don’t spiral out of control, Xu…

Dec 26, 2017
Tang Shihua
PBOC Official Slams Local Governments, SOEs for Driving Up Company Costs

PBOC Official Slams Local Governments, SOEs for Driving Up Company Costs

An official at China’s central bank has made a rare attack on local governments and state-owned enterprises for stoking higher company costs in a dash for economic growth.

Dec 22, 2017
Tang Shihua
China Development Bank Issues USD350 Million Belt and Road Bond in Hong Kong

China Development Bank Issues USD350 Million Belt and Road Bond in Hong Kong

China Development Bank issued a USD350 million five-year Belt and Road bond in Hong Kong yesterday via private placement and…

Dec 22, 2017
Liao Shumin

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