Date
22 May 2019

World

  • Duties on imported baby formula will remain at 5 percent to help satisfy market demand. Photo: Bloomberg

    POLICY WATCH: China tweaks tariffs to abet economic overhaul

    - Dec 18, 2013 6:49am
    Imported welding robots and 3D printers have made it onto one of the year’s most-watched lists but it’s not necessarily the news their manufacturers were hoping for. The products were among the new categories of items...
  • Experts urge overcapacity link to performance, paper says

    Dec 18, 2013 6:44am
    A think tank has suggested that local government officials be evaluated on their performance in tackling industrial overcapacity, China Daily reported Wednesday, citing an economic forum. Bigger efforts should be made to close inefficient production, even at...
  • US QE tapering to have little impact on China, JPMorgan says

    Dec 17, 2013 7:31pm
    The United States Federal Reserve is likely to begin tapering its asset-buying program in March next year, but it will have little impact on China’s economy, a top economist at JPMorgan Chase said Tuesday. JPMorgan chief China...
  • Nov surplus on bank forex transactions US$36.6 bln, Xinhua says

    Dec 17, 2013 9:06am
    Foreign exchange settlement of Chinese banks amounted to US$164.7 billion in November while sales stood at US$128.1 billion, leading to a US$36.6 billion surplus for the month, Xinhua news agency reported Monday, citing the State Administration...
  • China boosts October US treasury holding, Xinhua says

    Dec 17, 2013 8:07am
    China, the biggest buyer of United States treasury debt, boosted its holding by US$10.7 billion to US$1.3 trillion in October, the official Xinhua news agency reported Tuesday, citing US Treasury Department data. Japan trimmed its holding...
  • SAFE cracks down on US$2.5 bln fake export deals, Xinhua says

    Dec 17, 2013 7:28am
    The State Administration of Foreign Exchange (SAFE), China’s forex regulator, said on Monday that it has uncovered 1,076 fake export transactions this year, involving 112 companies, as of end-November, Xinhua news agency reported the same day....
  • POLICY WATCH: Turning on OTC funding taps for SME expansion

    - Dec 17, 2013 6:49am
    First came the decision in November to restart initial public offerings after a year-plus freeze brought on by a lack of investor confidence. Now the central government has sent word that it will expand the over-the-counter...
  • Huijin expands holdings in big four banks

    Dec 16, 2013 7:16pm
    Central Huijin Investment Ltd., an arm of China’s sovereign wealth fund, has raised its stakes in the nation’s big four state-owned banks over the past six months, according to filings by the lenders to the Hong...
  • City classification criteria to be revised soon, report says

    Dec 16, 2013 4:04pm
    The Chinese government will revise the current classification criteria of cities soon, allowing large counties to be upgraded to cities, financial information provider Aastocks.com reported Monday, citing people with knowledge of the matter. While the current...
  • Hunt on for top talent in China offshore push, paper says

    Dec 16, 2013 2:22pm
    Chinese companies will employ more foreigners abroad to boost local expertise in an increasing number of overseas operations, China Daily reported Monday, citing market analysts. Market experts say Chinese companies are already experiencing a shortage of qualified...
  • 16 dead in attack on Xinjiang police station, website says

    Dec 16, 2013 2:16pm
    Two police officers were killed and 14 assailants shot dead in an attack on a police station in Kashgar prefecture in Xinjiang late Sunday, government-backed news portal Tianshan Net reported Monday. Knife-wielding assailants hurled explosive devices...
  • Taiwan’s Ma wants economic zone plans done by yr-end, paper says

    Dec 16, 2013 12:00pm
    Taiwan President Ma Ying-jeou { 馬英九} said the island’s cabinet should complete the planning for the free economic demonstration zones by the year-end, United Daily News reported Sunday, citing Ma Weikuo, deputy spokesman for the president’s office....
  • Tiandi plans capital increase in Qinhuangdao unit, filing says

    Dec 16, 2013 11:45am
    Tiandi Science & Technology Co. Ltd. (600582.CN) will inject cash into the Qinhuangdao unit of CCTEG Energy Investment Co. Ltd (CEI) to boost its capital to 300 million yuan (US$49.44 million) from 50 million yuan, it said in a regulatory...
  • S Korea November exports to China up 3.7%, Yonhap says

    Dec 16, 2013 10:46am
    South Korea’s exports to China was up 3.7 percent year on year in November, Yonhap news agency reported Sunday, citing data from Seoul’s customs service. That compares with 2.8 percent growth in exports to the United States...
  • Abe seeks Sino-Japan leaders’ summit, Kyodo says

    Dec 16, 2013 10:34am
    Japanese Prime Minister Shinzo Abe said on Sunday that he hopes a Japan-China leaders’ summit can be held as soon as possible to resolve issues between the two sides, Kyodo news agency reported. He said both...
  • Provincial cadres told to push ‘mass line’, Xinhua says

    Dec 16, 2013 9:12am
    Senior Communist Party officials China have urged provincial party leaders to further promote a campaign to boost ties between the party and the people, the official Xinhua news agency reported Sunday. The so-called “mass line” campaign...
  • Guangdong confirms new H7N9 human infection, Caijing says

    Dec 16, 2013 8:50am
    Guangdong province has confirmed another case of human H7N9 bird flu infection, news portal Caijing.com reported Sunday, citing a health department notice. A 39-year-old man from Dongguan city was found infected on Saturday and is in critical...
  • Chinese petition Hollande over Sunday business, paper says

    Dec 16, 2013 8:49am
    Chinese businesses have petitioned the French government to allow them to open on Sundays, Legal Evening News reported. An industry group has launched a signature campaign calling for easing of labor laws to enable them to operate...
  • Urbanization drive may need 25 trln yuan in 3 yrs, paper says

    Dec 16, 2013 8:44am
    Urbanization initiatives will require 25 trillion yuan (US$4.12 trillion) capital outlay in the next three years, the National Business Daily reported Monday, citing sources from China Development Bank. The central government is expected to roll out...
  • Lunar rover Yutu rolls onto the moon, Xinhua says

    Dec 16, 2013 7:12am
    China’s lunar rover Yutu, or Jade Rabbit, on Sunday successfully separated from the Chang’e-3 probe that landed on the surface of moon on Saturday, the official Xinhua news agency reported the same day. Yutu will perform...

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