Economics & Trade

France, Germany, Italy to join China-led infrastructure bank

France, Germany and Italy have followed Britain in joining the China-led Asian Infrastructure Inves

China's trust firms sidestep clampdown, shifting funds to frothy financing

China's trust firms are redirecting money into risky capital markets and off-exchange financial ins

China's arms sales rise to make it world's third-largest exporter

China's arms exports rose 143% in the last five years over the previous half-decade, overtaking Ger

PBoC governor says interest rate liberalization "very close"

People's Bank of China Governor Zhou Xiaochuan said on Thursday that removal of a cap on what banks

Guangdong government debt grew to RMB1tn in 2014

Guangdong has announced its debt for 2014 grew to approximately RMB1 trillion, close to 15% of its

US criticizes UK for 'accommodation' in joining new China-led bank

The US has criticized the UK for preparing to announce it will become a founding member of the Chin

Mergers planned for state-owned enterprises in strategic industries

Beijing is planning to consolidate China's state-owned sector in strategically important industries

Poisoning threats spur more scrutiny for New Zealand formula in China

Regulations for milk powder imported from New Zealand into China -- the South Pacific nation's larg

Growth slows for industrial production, retail sales and fixed asset investment

China's industrial production grew 6.8%, the slowest rate since records began in 1995 outside of th

Guangdong Free Trade Zone to launch March 18

The Guangdong Free Trade Zone will launch on March 18 after being postponed till the closing of Chi

China's international payment system said to be ready for launch

The China International Payment System (CIPS) for processing cross-border yuan transactions is read

Local governments allowed to convert some debt to low-yield bonds

The Ministry of Finance will allow regional authorities to convert up to one trillion RMB of debt i

Exports up, imports down in February as analysts warn of data distortions

China's exports grew 48.3% in February year-on-year reversing a January decline of 3.3%,

Russia, China to seal agreement on gas pipeline this year

Russia and China will finalize a pipeline deal later this year that will allow Russia to choose bet

Hong Kong exchange linkup debut likely in H2, Shenzhen bourse head says

The Shenzhen Stock Exchange will likely launch its own linkup scheme with the Hong Kong Exchange in

Ministry of Finance plans commodities binge in 2015

China's Ministry of Finance announced Thursday that it would spend RMB154.6 billion (US$24.7 billio

Hong Kong, Shenzhen to get stock linkup at an "appropriate time", PM says

China’s Premier Li Keqiang announced Thursday in his annual work report that the Hong Kong and Shen

China lowers GDP goal to about 7%

China has lowered its goal for economic growth in 2015 to about 7% after missing its previous goal

Over 56% of China firms surveyed saw more payments overdue in 2014

56% of Chinese companies surveyed reported an increase in overdue payments, 

Central bank cuts interest rates for second time in three months

The People's Bank of China cut mainland banks' benchmark one-year lending and deposit rates late Sa

Chinese gold fix launch planned for this year, sources say

A Chinese gold fix is planned to launch this year on the state-run Shanghai Gold Exchange,

Yuan hits 28-month low against US dollar

The renminbi fell 0.17% on Friday to RMB6.269 per US dollar after the central bank weakened the cur

China's farmers still cash-starved as banks clean balance sheets

Official calls for China's major banks to lend to farmers have been effectively undone by other off

SOE regulators tells firms no pay raises without higher profit targets

The State-owned Assets Supervision and Administration Commission (SASAC) has told the companies it

Li Keqiang phones Greek PM to offer investment support

Premier Li Keqiang telephoned Greek Prime Minister Alexis Tsiprias on Thursday to offer more invest

PBoC monetary policy shifts to deal with capital outflows

The People's Bank of China's monetary policy has shifted from dealing with an inundation of foreign

White House files WTO case against China export subsidies

US trade representative Michael B.

PBoC injects billions into financial system for seventh week straight

China's central bank added a net RMB45 billion (US7.2 billion) into the country's money market Tues

Hong Kong, Shanghai bourses review revisions to market linkup rules

Stock exchanges in Hong Kong and Shanghai are reviewing proposed revisions to how their market link

Hong Kong-mainland mutual fund sales ready for regulators' approval

Preparations to allow Hong Kong-located mutual funds to be sold on the mainland and vice-versa have

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