Date
23 January 2019

Greater China

  • China set to achieve 7.5% GDP growth in 2013, Xinhua says

    Nov 1, 2013 1:29pm
    China is on course to achieve gross domestic product growth of at least 7.5 percent this year, the official Xinhua news agency reported Thursday, citing Yao Jingyuan, a researcher with the State Council. However, the government...
  • NZ, China to form joint food safety commission, Xinhua says

    Nov 1, 2013 1:25pm
    Regulators in China and New Zealand have signed an agreement to set up a joint food safety commission and meet annually to better understand how each other’s food safety systems operate, Xinhua reported Friday. The Food Safety Cooperation Arrangement...
  • Highway opens into China’s ‘last roadless county’, report says

    Nov 1, 2013 1:13pm
    A highway linking Medog, the last roadless county in China, with neighboring Bome county in Tibet formally opened to traffic on Thursday, four years after work began, the Global Times reported Friday. The 117-kilometer highway cost 950...
  • Guangdong adds 1.39 mln new jobs in Jan-Sept, website says

    Nov 1, 2013 11:09am
    Employers in Guangdong province added 1.39 million new workers to their payrolls and took on 492,000 formerly jobless people in the nine months to September, news website yicai.com reported Thursday, citing figures from the provincial human...
  • Taiwan 3Q GDP growth misses forecast at 1.58%, paper says

    Nov 1, 2013 10:04am
    Taiwan’s gross domestic product (GDP) expanded 1.58 percent in the third quarter from a year earlier, less than the 2.47 percent that had been forecast by the government in August, China Securities Journal reported Friday, citing...
  • RMB midpoint at three-week low of 6.1452

    Nov 1, 2013 9:54am
    The People’s Bank of China set the renminbi’s daily midpoint at 6.1452 per US dollar on Friday, the softest since Oct. 11 and 27 pips weaker than the 6.1425 fixing on Thursday, according to the China...
  • China Oct manufacturing PMI climbs to 51.4, NBS says

    Nov 1, 2013 9:24am
    China’s official manufacturing purchasing managers’ index edged up to 51.4 in October from 51.1 in the previous month, and marking the highest level in 18 months, according to data released Friday by the National Bureau of...
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    The Big Picture: SOE REFORM

    Nov 1, 2013 9:14am
    China’s state assets regulator said on Thursday that it will propose a long-awaited reform of state-owned enterprises (SOEs) after the upcoming third plenary session of the Communist Party’s 18th Central Committee this month.  The proposal from...
  • Shanghai’s biggest financing guarantee firm launched, paper says

    Nov 1, 2013 9:09am
    A government-backed financing guarantee company started operating in Shanghai on Thursday, marking the biggest of its kind in the financial hub, Xinhua news agency reported on Thursday. The start-up, jointly established by the Pudong New Area...
  • October CPI tipped to hit 3.3%, paper says

    Nov 1, 2013 8:37am
    China’s consumer price index for October is tipped to be 3.3 percent, up by 0.2 percentage point from September due to increases in food prices, the China Securities Journal reported Friday, citing several unnamed analysts. One...
  • China to probe newspaper in defamation case, Reuters says

    Nov 1, 2013 8:26am
    China’s press regulator will investigate and overhaul the management of a newspaper, one of whose reporters has been arrested after repeatedly criticizing a major state-owned construction equipment maker, Reuters reported Thursday, citing state media. The press regulator’s...
  • SOE reform to give clearer look at firms’ businesses, paper says

    Nov 1, 2013 7:59am
    Tighter oversight of the businesses of state-owned enterprises (SOEs) is expected to be among the major reforms to be rolled out after the Communist Party Central Committee’s third plenum this month, the China Securities Journal reported...
  • SASAC plans SOE reform after party plenum

    Oct 31, 2013 6:57pm
    The State-owned Assets Supervision and Administration Commission (SASAC) will propose a much awaited reform of state-owned enterprises (SOEs) after the third plenary session of the Communist Party of China, it said in a statement Thursday. The...
  • PBoC injects net 29.1 bln yuan into money market

    Oct 31, 2013 4:22pm
    The People’s Bank of China injected a net 29.1 billion yuan (US$4.77 billion) into the interbank market this week, ending a two-week halt to its open market operations. The central bank sold 16 billion yuan of...
  • New US$1.03 bln QFII quota awarded to 7 investors, SAFE says

    Oct 31, 2013 4:16pm
    China has approved quotas worth US$1.03 billion for seven institutions under the nation’s qualified foreign institutional investor (QFII) scheme, according to a statement posted on the website of the State Administration of Foreign Exchange (SAFE). Meanwhile,...
  • Local govts may shed debt via share sales, Bloomberg says

    Oct 31, 2013 3:21pm
    Local governments may sell some of their holdings of listed shares, estimated by UBS A.G. to have reached at least 5 trillion yuan (US$820 billion), to help repay their growing debt obligations, Bloomberg News reported on Thursday,...
  • First funds awarded in Nobel Prize science scheme, paper says

    Oct 31, 2013 1:52pm
    Half a dozen “outstanding” mainland scientists are among the first beneficiaries of a national scheme to develop Nobel Prize-worthy research, the Global Times reported Thursday. The National Special Support Program for High-level Talents was launched in 2012...
  • Cabinet could approve more free trade zones anytime, paper says

    Oct 31, 2013 12:05pm
    The Development Research Center of the State Council said there is no specific timeline for the approval of free trade zones, and that the cabinet will grant the approval once a candidate city fulfills the requirements,...
  • Hon Hai joins venture on education applications, paper says

    Oct 31, 2013 11:25am
    Taiwan’s Hon Hai Precision Industry Co. Ltd. said its subsidiary company Foxteq Holdings Inc. will form a joint venture with NetDragon Websoft Inc. (00777.HK) and Vision Knight Capital (China) Fund I, L.P, China Times reported Thursday....
  • Beijing, Taipei to pursue talks on prison visits, paper says

    Oct 31, 2013 10:55am
    China has agreed to pursue talks with Taiwan on the latter’s proposal to allow cross-strait prison visits, Want Daily reported on Thursday, citing Fan Liqing, a spokesperson of the State Council’s Taiwan Affairs Office. Wang Yuqi , chairman...

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