Wednesday, July 15, 2015
Liu Yiqian, a Chinese billionaire, expanded his gain by nearly 340 million yuan (US$54.8 million) after purchasing millions of stocks during the market downtrend last week, when the government rolled out a series of measures to prop up market sentiment and restore investor confidence.
China's bank lending rose in June and the broader money supply also increased, the central bank said Tuesday, as monetary easing measures to boost the world's second-largest economy kick in.
Tuesday, July 14, 2015
China's total trade slumped in the first half of this year, official data showed Monday, falling well short of the government's targets and dealing a blow to the global economy from its biggest trader in goods.
Monday, July 13, 2015
Yiin Chii-ming (尹啟銘), former minister of economic affairs of the Republic of China, Thursday suggested that as the stock market will eventually reflect the People's Republic of China's economic fundamentals, which he considers pretty good, he is not worried about the possibility of systemic risk.
Thursday, July 9, 2015
Chinese stocks stormed into positive territory in volatile trading Thursday as Beijing launched new measures to halt a dramatic sell-off that has also hurt regional share markets and commodity prices.
The warmth of the friendship between Chinese leader Xi Jinping and Russia's Vladimir Putin -- who meet Wednesday for the eighth time in two years -- does little to counter the bitter economic winds blowing through their shared border.
Monday, July 6, 2015
The World Bank has removed a sharply critical portion from a recently released report on mainland China's economy that called for reform of its financial system, saying the section had not been adequately reviewed and that its wording was inappropriate.1 Comment
Bank of Taiwan, the largest lender in Taiwan, opened a sub-branch of the bank's Shanghai branch in the city's Jiading District Friday to extend the reach of its Chinese yuan denominated services in the Yangtze River Delta.
Sunday, July 5, 2015
China's equities market has suffered the worst three-week loss since 1992 as the government keeps rolling out measures to stabilize a seemingly unstoppable slide.
Friday, June 26, 2015
China will merge its three biggest freight airlines and build the combined entity into Asia's largest air cargo operator, a top aviation official was reported as saying.