Description (Please provide a detailed description of the event in the box below – Refer to the Online help for the format) DATE OF RELEASE OF 2016 4th QUARTER AND FULL-YEAR UNAUDITED FINANCIAL RESULTS China…
Monthly Archives For January 2017
China GDP beats expectations but debt risks loom
BEIJING (Reuters) – China’s economy grew a faster-than-expected 6.8 percent … as policymakers grapple with financial risks created by an explosive growth in debt. The fourth-quarter figure is the first time in two years that…
China’s Economy Grows Strongly, Yet Central Bank Eases Policy
BEIJING — China’s economy firmly hit its growth target … And in an unusual move, its central bank on Friday took an extra step to inject more money into the economy over the next month.…
China provides short-term liquidity support for big banks
BEIJING, Jan. 20 (Xinhua) — China’s central bank has provided provisional liquidity support for several big commercial banks to meet rising cash demand ahead of the upcoming Spring Festival. The term of the operation is…
China's growth in 2016 slumps as Trump trade struggle looms
co-operative ‘big country’ relations that have been formed between China and the United States,” a member of the Cabinet’s planning commission, Ning Jizhe, told a news conference. Asked about the potential impact of action by…
China asks foreign diplomats for closer cooperation in anti-graft war
briefed representatives of 113 diplomatic missions and 13 international organizations on Thursday about China’s anti-corruption work, the official Xinhua News Agency said. The article did not list the countries involved, but said the Greek ambassador…
China GDP falls to 26-year low, hits gov't target
BEIJING, Jan. 20 (Xinhua) — China’s economy grew 6.7 percent year on year in 2016, the slowest pace of growth in 26 years, but well within the government’s target range, official data showed Friday. Growth…
The new silk road: From China to the U.K., world’s longest train route arrives in London
It was once known as the Silk Road, the route along which trade first flourished between China and Europe, bringing silks, spices, Chinese porcelain and gunpowder from the east. But Wednesday the arrival of a…
China's growth edges up but 2016 weakest year since 1990
BEIJING, China – China’s economic growth ticked up in the final quarter of 2016 but its full-year performance was the weakest in three decades as it heads into a potential trade battle with U.S. President-elect…
China defends trade stance after Trump appointee's criticism
BEIJING, China – China’s government defended itself Thursday as a supporter of free trade after U.S. President-elect Donald Trump’s pick for commerce secretary criticized its tactics. Foreign Ministry spokeswoman Hua Chunying pointed to President Xi…
Ottawa weeks away from starting free-trade talks with China
In recent years, too, foreign corporations have called China an increasingly less welcome place to do business. “Part of the purpose behind the exploratory talks is to see whether major Canadian stakeholders will rally round…
China economy grows 6.7% in 2016
China’s economy grew by 6.7% in 2016, compared with 6.9% a year earlier, marking its slowest growth in more than a quarter of a century. China’s growth is a key driver of the global economy…
China economy beats expectations to grow 6.7%
China’s economy accelerated for the first time in two years in the final quarter of 2016, cementing an economic stabilisation that’s giving leaders a buffer as they transition to neutral policy and prepare for potential…