The solid growth of China’s factory output and retail sales in August outstripped what analysts expected. Experts forecast 6.1% industrial growth, but the figure came in at 6.3%, the sharpest increase in five months, while […]
The People’s Bank of China used reverse repurchase agreements, including rarely offered 28-day contracts, to inject 160 billion yuan into the financial system Tuesday. The open-market operation was the first instance in four years in […]
China’s consumer price inflation slowed to its weakest pace in almost a year in August, although an encouraging moderation in producer price deflation added to growing evidence of a steadying economy. The CPI climbed 1.3% […]
China is committed to pressing ahead with the development of integrated financial services, said People’s Bank of China Deputy Governor Fan Yifei. The shift to integrated financial services is essential to make China’s financial system […]
China Zhongwang Holdings founder Liu Zhongtian has been accused by US trade group Aluminum Extruders Council of stockpiling $2 billion in aluminum — 6% of the world’s inventory — in Mexico to game the market. […]
Automobile deliveries in China increased 26% Y/Y to 1.8M units in August, according to the China Passenger Car Association. The rate of sales growth matched the pace from July. SUV and crossover sales rose 44% […]
Chinese imports increased 1.5% in August, reversing a 12.5% drop in July, according to the General Administration of Customs. The gain is the first in almost two years, possibly signaling a strengthening economy. South China […]
China’s four largest national banks have laid off more than 22,000 staffers after a year of flat or declining profits, according to the South China Morning Post. The cuts come amid a slowing economy and […]
China is changing how it calculates the amount of investment foreign institutions can make to encourage wider participation in the domestic A-shares market. The State Administration of Foreign Exchange said it will base quotas on […]
China gave Hong Kong a stern warning after several candidates favoring independence won legislative seats in the city’s first major election since 2014’s pro-democracy demonstrations. The vote drew a record turnout that reflected sharp differences […]
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