China Yuan

The People’s Bank of China on Saturday announced that it will cutthe benchmark deposit and loan interest rates by 25 basis points (bps) starting March 1. After the cut, the one-year deposit rate will stand at 2.5 percent, while one-year lendingwill be at 5.35 percent. China cut interest rates last November and lowered the reserve requirement ratio (RRR)in early February to ease financing pressure More...

china stock market

Lock-up shares worth 19.1 bln yuan become tradable

Lock-up shares worth about 19.1 billion yuan (3.11 billion U.S.dollars) will become eligible for trade on China’s stock market in the coming week. Nearly 1.2 billion shares More...

Postal Savings Bank plans USD 25bln IPO

Postal Savings Bank of China Co aims to raise up to $25 billion with an initial publicoffering next year, people with knowledge of the matter said. The bank is expected to introduce More...

Chinese brokerages post big profits in 2014

Chinese brokerage firms saw surging profits in 2014 boosted byeasing measures from policymakers, the Securities Association of China (SAC) said. Combined net profits of 120 brokerage More...

Chinese home prices continue to drop: report

china real estate

The average home price in 100 monitored Chinese cities droppedboth on a month-on-month basis and year-on-year basis in February, More...

Why Chinese companies rush to buy Manhattan’s commercial property

Manhattan's commercial property

Chinese investors’ rapidly growing appetite for high-profile U.S.commercial properties has been highlighted More...

S China Sea gas field China overhauls industry gas pricing

China will set an equal, fair natural gas pricing structure for allindustrial users to allow market...

Air China 2 China to introduce market-based jet fuel pricing

China’s producer price for aviation fuel will be determined by themarket starting March, the National Development...

China food imports China has a healthy appetite for food imports

Nation’s growing middle class shells out more for foreign agriculturalproducts China has long taken a cautious...

China has a healthy appetite for food imports

China food imports

Nation’s growing middle class shells out more for foreign agriculturalproducts China has long taken a More...

Sri Lanka to continue with Free Trade Agreement with China

Sri Lanka has agreed to proceed with the Free Trade Agreement(FTA) with China as it will strengthen the country’s economic and..

Taiwan’s move to import U.S. beef parts criticized

Taiwan’s Consumers’ Foundation on Friday described a plan to allowimports of several kinds of U.S. beef product as “very disturbing”. Taiwan’s..

61 bln yuan of taxes reduced for China’s small firms

Tax breaks for small and micro-sized businesses in Chinaamounted 61.2 billion yuan (10 billion U.S. dollars) More...

COSCO Group returns to profit in 2014

China Ocean Shipping (Group) Company (COSCO) returned to profitin 2014 after registering three years of losses, its chairman Ma Zehua has..

Net profits of China’s SOEs up 4.4 pct

Net profits of China’s state-owned enterprises (SOEs) hit 1.9 trillion yuan in 2013, up 4.4 percent year on year, the Ministry..
gm crops

China GM crop cultivation shrinks

China’s genetically modified (GM) crop planting areas declined in 2014amid heated discussions over safety concerns, a study revealed on Wednesday. Chinese..
china manufacturing pmi

China’s manufacturing PMI rebounds in February

Chinese manufacturing business activity rebounded slightly inFebruary but remained in contracted territory after falling to a 28-month low in January,official data..
Doing business in China

How to establish a business in China?

The Chinese economy is considered by many to be the ultimate investment opportunity. Not only does it offer a market of..