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Friday, February 21, 2014
A key index of Chinese manufacturing fell further in February to hit its lowest level in seven months, HSBC said Thursday, in a sign of diminishing strength in the world's second-largest economy.
Monday, February 17, 2014
China's bank lending surged in January from December, the central bank said, but analysts attributed the rise to seasonal factors.
Saturday, February 15, 2014
A US$160 million investment vehicle sold by China's second-largest bank has missed four scheduled payments, state media reported, as fears grow that potential financial sector defaults could roil markets in the world's second-biggest economy.
Thursday, February 13, 2014
Mainland China trade surplus rebounds in Jan. to US$31.86 bil.
China's trade surplus surged in January, according to data Wednesday showing exports strengthened markedly in a potentially brighter note for the world's second-biggest economy after recent disappointments — although some economists suggested the numbers could be distorted.
Wednesday, February 12, 2014
China's gold consumption soared 41.36 percent in 2013, industry data showed, with state media reporting Tuesday the country has probably overtaken India as the world's largest consumer of the precious metal.
Saturday, February 8, 2014
Chinese yuan-denominated deposits in Taiwan are expected to surpass 300 billion yuan (US$49.5 billion) by the end of this year, representing an annual increase of 64 percent, DBS Bank forecast Friday.
Friday, January 31, 2014
Chinese manufacturing shrank this month for the first time in half a year, a survey of factory purchasing managers confirmed on Thursday. The HSBC survey backs up a preliminary version earlier this month that unsettled global investors by raising fears the world's No. 2 economy is slowing.
Wednesday, January 29, 2014
A looming default on a US$500 million Chinese investment product sold by China's largest bank ICBC to hundreds of investors appears to have been averted days ahead of deadline, a document seen by AFP Tuesday showed.
Friday, January 24, 2014
Chinese manufacturing contracted for the first time in six months in January, a survey showed Thursday, casting a pall over growth prospects for the world's second-largest economy this year.
China's central bank pumped almost US$20 billion into the banking system Thursday, it said, to ease a liquidity squeeze before the Chinese New Year holiday that has rattled financial markets.
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