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China, US to talk tariffs this month

A CHINESE delegation, led by Vice Minister of Commerce Wang Shouwen, will visit the United States late this month for talks on bilateral economic and trade issues, the Ministry of Commerce announced y...

August 17, 2018, Friday


Liquidity pumped in via MLF

The People’s Bank of China yesterday injected 383 billion yuan (US$55.5 billion) into the market via the medium-term lending facility to maintain liquidity....

August 16, 2018, Thursday


Big losses hit Chinese markets

CHINESE shares fell yesterday following declines by steel, electronics and computer counters. The Shanghai Composite Index dipped 0.18 percent to close at 2,780.96 points, and the Shenzhen Composite ...

August 15, 2018, Wednesday


Chinese shares record mixed fortune

CHINESE shares closed mixed yesterday, with technology shares leading gains while financial counters and real estate developers losing heavily. The Shanghai Composite Index lost 0.34 percent to end at ...

August 14, 2018, Tuesday


Banks extend US$211b in net new yuan loans

Chinese banks extended 1.45 trillion yuan (US$210.69 billion) in net new yuan loans in July, above analysts’ expectations....

August 14, 2018, Tuesday


Progress in yuan going international

The internationalization of the renminbi has made progress, Zhou Xiaochuan, former governor of China’s central bank, said on Saturday....

August 13, 2018, Monday


Monetary policy to be kept neutral

China’s central bank has said that the country’s prudent monetary policy will be kept neutral and be neither too tight nor too loose....

August 13, 2018, Monday


Techs pull bourse into black again

SHANGHAI stocks rallied yesterday after Wednesday’s slump, boosted by the strong performance of technology shares. The Shanghai Composite Index rose 1.83 percent to close at 2,794.38 points. Computer ...

August 10, 2018, Friday


Yuan-USD parity rate ends 1yr lows

The central parity rate of the Chinese yuan against the US dollar was 6.8431 on Tuesday, advancing by 82 basis points and ended the lows recorded for more than a year....

August 9, 2018, Thursday


Pairing up key Import Expo firms

A MATCHMAKING meeting was held in Shanghai yesterday for exhibitors and buyers in the high-end intelligent equipment segment to connect ahead of the first China International Import Expo in November. The ...

August 9, 2018, Thursday




 

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