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.
Tuesday, January 21, 2014
China's economic growth decelerated in the final quarter of 2013 and appears set to slow further, adding to pressure on its leaders to shore up an expansion as they try to implement sweeping reforms.
Monday, January 20, 2014
China's economy last year registered flat growth of 7.7 percent, maintaining its slowest expansion in more than a decade as the government warned Monday of "deep-rooted problems" including a mountain of local authority debt.
Saturday, January 18, 2014
The first stock market listing in China for more than a year leaped more than 40 percent on its debut Friday after authorities ended a freeze on initial public offerings.
China's economy failed to pick up speed last year despite a promising mid-year rebound, an AFP survey shows, staying mired at its slowest growth rate in more than a decade.
Friday, January 17, 2014
Overseas investment into China rebounded last year after declining in 2012, official data showed Thursday, as confidence in the country's growth potential picks up.
Tuesday, January 14, 2014
Ambitious Chinese youngsters have long sought to learn from Western economic theories and best practice, so why don't they tap into wisdom closer to home?