Date
21 February 2019

World

  • 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...
  • Taiwan official airs cross-strait supply chain idea, paper says

    Oct 31, 2013 10:18am
    The industrial cooperation arm of the Cross-Strait Economic Cooperation Committee should look into the feasibility of establishing cross-strait industrial supply chain bases, Want Daily reported Thursday, quoting Kao Koong-liang {高孔廉}, vice chairman of Taiwan’s Straits Exchange Foundation. Kao said...
  • US Treasury seeks faster RMB appreciation, report says

    Oct 31, 2013 8:51am
    The US Treasury Department said China’s renminbi is “significantly undervalued” and hasn’t strengthened as fast as needed, but declined to label the country as a currency manipulator, Bloomberg News reported Thursday. The yuan “is appreciating, but not...
  • Mainland-HK trade up 25.6% at US$297.4 bln in Jan-Sept, CNS says

    Oct 31, 2013 8:42am
    Mainland China saw its trade with Hong Kong grow 25.6 percent to US$297.39 billion in the nine months to September from a year earlier, China News Service reported Wednesday, citing data from the Ministry of Commerce....
  • Tiananmen crash labeled a terrorist attack, govt says

    Oct 31, 2013 7:42am
    The vehicle crash in front of the Tiananmen rostrum on Monday, in which five people were killed and about 40 others were injured, was a violent terrorist attack which was “carefully planned and organized”, police authorities...
  • CPC plenum to cover broader areas besides economy, Caixin says

    Oct 31, 2013 7:22am
    The outline for “deeper reform”, to be unveiled at the plenary session of the Communist Party’s Central Committee next month, will cover broader areas apart from economy, news portal Caixin.com reported late Wednesday, citing an unidentified...
  • China caps sat-TV air time for infomercials, paper says

    Oct 31, 2013 7:19am
    China’s television watchdog has told satellite channels across the country to limit air time for infomercials from next year, China Daily reported late Wednesday, citing a Xinhua report. Satellite TV channels are limited to broadcasting the advertisements...
  • China posts 3Q balance of payments surplus, Xinhua says

    Oct 31, 2013 6:59am
    China’s international balance of payments showed a third-quarter surplus, marking the fourth straight quarter of surpluses, Xinhua reported Wednesday. The surplus under the current account in the three months totaled US$39.7 billion, according to data released...
  • Tough but better year ahead for foreign trade, ministry says

    Oct 31, 2013 6:55am
    China will face better internal and external conditions for foreign trade next year and is headed for continued stable growth, despite the many difficulties and risks ahead, the Ministry of Commerce said in a quarterly foreign...
  • Top lawmaker calls for more public input, Xinhua says

    Oct 31, 2013 6:54am
    China’s top legislator Zhang Dejiang pledged to increase ways for the public to play a bigger role in legislative work, Xinhua reported Wednesday. Zhang, chairman of the Standing Committee of the 12th National People’s Congress, made the...

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