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Steady growth on economy into 2018

Steady growth on economy into 2018

CHINA’S manufacturing activity edged down in December, official data showed yesterday, but largely maintained momentum despite curbs on heavy industry aimed at taming the country’s chronic air pollution. The ...

February 15, 2018, Thursday


China’s ODI keeps double-digit growth in January

China’s ODI keeps double-digit growth in January

China’s non-financial outbound direct investment maintained double-digit growth in January, the third straight monthly increase, official data showed yesterday....

February 14, 2018, Wednesday


Policies drawn for recycling of batteries

Policies drawn for recycling of batteries

CHINESE authorities are preparing policies on the recycling of batteries due to the rapidly-expanding new energy vehicle market. The Ministry of Industry and Information Technology is expected to roll ...

February 14, 2018, Wednesday


Businesses tap opportunities of rising singles

Businesses tap opportunities of rising singles

While a rising number of single people worry their Chinese parents, the demographic shift has become a business opportunity for retailers and service providers....

February 14, 2018, Wednesday


PBOC injects US$62.2b via MLF tool

PBOC injects US$62.2b via MLF tool

CHINA’S central bank yesterday injected 393 billion yuan (US$62.2 billion) into the market via the medium-term lending facility to maintain liquidity. The People’s Bank of China, the central bank, said ...

February 14, 2018, Wednesday


MGM casino resort opens as license renewal looms

MGM casino resort opens as license renewal looms

MGM Resorts has launched a lavish multibillion-dollar casino resort in Macau in the latest big bet by foreign gaming companies on the southern Chinese gambling haven. Las Vegas, Nevada-based MGM Resorts ...

February 14, 2018, Wednesday


China building test site for unmanned ships

China building test site for unmanned ships

China has started building the world’s largest test site for unmanned ships — a technology with both civilian and military applications — off a port in the South China Sea, state media said yesterday....

February 14, 2018, Wednesday


Strict eye on insurers’ overseas funding

Strict eye on insurers’ overseas funding

China intends to scrutinize insurers’ overseas funding activities more stringently, according to a latest joint notice by the country’s insurance and foreign exchange regulators....

Tracy Li | February 14, 2018, Wednesday


JPMorgan Chase to clear yuan

JPMorgan Chase to clear yuan

China’s central bank yesterday named JPMorgan Chase &...

February 14, 2018, Wednesday


Faster rise in R&D spending

Faster rise in R&D spending

China’s spending on research and development grew faster in 2017 as the country continued to push for innovation-driven development....

February 14, 2018, Wednesday


Sales of pre-owned homes drop

Sales of pre-owned homes drop

SALES of pre-occupied homes fell moderately in Shanghai in January, hovering around 11,000 units for the eighth consecutive month. Some 11,800 pre-owned homes changed hands last month, down 2.6 percent ...

Cao Qian | February 14, 2018, Wednesday


Shares extend rally to close higher

Shares extend rally to close higher

SHANGHAI stocks extended their rebound yesterday, boosted by gains in insurance and tourism shares. The Shanghai Composite Index rose by 0.98 percent to close at 3,184.96 points. Insurers such as China ...

Huang Yixuan | February 14, 2018, Wednesday


Cash deposits imposed on US chemical

Cash deposits imposed on US chemical

China told importers of a US industrial chemical to start posting deposits yesterday in preparation for possible anti-dumping duties. A preliminary ruling by the Ministry of Commerce said styrene monomer ...

February 14, 2018, Wednesday


Career growth motivates job seekers

Career growth motivates job seekers

CHINESE mainland candidates value career progression as the key motivator when they decide whether to accept a new job, according to recruitment company Hays. Career progression was chosen by 62 percent ...

Huang Yixuan | February 14, 2018, Wednesday


Singapore’s Q4 GDP seen to slow

Singapore’s Q4 GDP seen to slow

A ferry sails past Pasir Panjang container terminal port in Singapore yesterday. Singapore’s economy is set to have grown less than initially expected in the fourth quarter as factory activity and exports slowed, suggesting the recent easing in booming sales of electronics could hit growth this year. A Reuters poll yesterday predicted quarterly growth at 2 percent in the October-December period on a seasonally adjusted and annual basis, slowing from the 2.8 percent preliminary figure. ...

February 13, 2018, Tuesday




 

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