China’s Industrial Profit Growth Slows Further In May
The profits of China’s (ASHR, quote) major industrial firms rose 3.7 percent year on year in May, 0.5 percentage points lower than the rise recorded in April, official data showed on Monday.
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China has policy tools to anchor economy, says Li
China is set to achieve its annual economic growth target while pushing forward supply-side reform, Premier Li Keqiang said on Wednesday.
China Mulls Creating New Interest-Rate Mechanism
China is exploring the creation of a mechanism that would use a band to guide the country’s interest rates, an approach aimed at giving the market a greater say in the financial system, a senior monetary official said on Sunday.
Economists: China Needs To Maintain Growth Of 6.5%
China must prevent its economic growth from falling below 6.5 percent this year, leading economists said on Wednesday. They were speaking ahead of the opening of the annual meetings of the country’s top legislature and political advisory body this week.
Chinese Firecracker Starts New Year With A Bang
If traders drifting back to their desks for the start of the new trading year were expecting a quiet start, Chinese economic news delivered a shock to global markets with the Caixin Manufacturing index coming in below expectation at 48.2 against a forecast of 48.9, with the Nikkei 225 falling almost 600 points to close at 18,450.98 on the release.
China – Cooling Inflation Prompts Calls For Easing Policies
China’s consumer inflation came in weaker than expected in October while prices at factory gates fell for a 44th straight month, fuelling calls for more monetary easing and fiscal stimulus to combat deflationary pressures.
Is It Time To Look Into Emerging Markets?
Many of the world’s greatest investors have been willing to buy at a time when the majority of the market was turning away from a particular sector.
China’s Tech Empire Comes Of Age Abroad
When Lei Jun told the World Internet Conference in China last year that his tech startup Xiaomi will be the world leader in smartphones in the next five or 10 years, an Apple executive prophetically replied, “It is easy to say, but more difficult to do.”
China Stocks End Two-Day Slide To Stage Major Recovery
Stocks surged on Wednesday, with the benchmark Shanghai index jumping 4.9 percent after sliding below the 3,000 level.
Traders Shy Away From Metals In Commodities Slump
With China facing an economic slowdown and many questioning whether or not the nation’s government data presents a reliable picture of just how bad the situation is, metal prices have fallen to multi-year lows.