… A higher reading in the producer price index than the index for consumer inflation creates a dilemma for China’s central bank. Maintaining low interest rates will discourage investors from keeping holdings in yuan, with…
Monthly Archives For December 2016
Kheng Ly and Montreal real estate developer Brivia receive Canada China Business Excellence Award
MONTREAL, Dec. 8, 2016 /CNW Telbec/ – Montreal real estate developer Kheng Ly and his company, Brivia Management, the development and construction manager of the YUL Condominiums project in downtown Montreal, have been recognized with…
China criticizes U.S. for blocking German Aixtron deal
Aixtron announced on Thursday that China’s Fujian Grand Chip Investment Fund had dropped … frequently departs from market and commercial principles to interfere with normal business activity,” said MOFCOM spokesman Shen Danyang. Shen was answering…
China consumer prices up 2.3% in November
BEIJING – China’s consumer price index (CPI), a main gauge of inflation, grew 2.3 percent year on year in November, up from October’s 2.1 percent, the National Bureau of Statistics announced Frdiay. China’s producer price…
Emerging Marketplace in South China’s Environmental Industry: Success of IE expo Events Again Underlines Its Leading Position in Asia
GUANGZHOU, China–(BUSINESS WIRE)– IE expo Guangzhou 2016 concluded with great success on November 26 at the China Import and Export Fair Complex in Guangzhou, China. As a Southern China version of IE expo China, Asia’s…
Trade war with China: “A very dangerous domino”
Tough talk from President-elect Donald Trump is making economists and some business leaders nervous about a potential trade war with China. They say investors and consumers should be leery, too. Investors cheering potential tax cuts…
Trump: China will have to 'play by the rules'
He might have taken a page from his business manual – make a rigorous opening bid, then settle for less,” the editorial said. “But make no mistake about it: Taiwan stands on top of China’s…
China ready to aid in Iran's recovery
Zarif, in an official visit to China, made the remarks late Tuesday at the Iran-China Business Forum, a gathering of more than 300 corporate delegates. Zarif said Iran is a “safe country” that is “now…
China's cross-border capital flow stable: SAFE
China’s forex reserves dropped for the fifth straight month … The official cited four forms of such activities: newly established firms investing overseas without real business; company investment volume that substantially outweighs its registered ……
Excavators unearth ancient tombs in Beijing suburb
BEIJING – The Chinese capital’s future administrative hub was already bustling 2,000 years ago. Government agencies excavating a site in the far southeastern Beijing suburbs say they have found ancient city walls and more than…
Chinese cardinal says Vatican must stand up to Beijing
HONG KONG Cardinal Joseph Zen, the most senior Chinese Catholic cleric, says the participation of an excommunicated prelate at two bishop ordinations in China was a “slap in the face” for Pope Francis just as…
China economy reflating as producer prices rise at fastest pace in five years
China’s central bank has not cut interest rates since October 2015, when worries about deflation were more pressing, opting instead for regular injections of funds into the financial system and targeted infusions of cash into…
China finance chief exit derails Japan hopes for yuan deal
BEIJING — When China’s reformist Finance Minister Lou Jiwei stepped down in November, Japan found its hopes of rekindling bilateral currency cooperation on rough terrain. The Chinese Ministry of Finance was thrown into confusion Nov.…