China’s investment in property development grew by 7.9 percent year-on-year in the first eight months, unchanged from the growth for the January-July period, the National Bureau of Statistics said today, Xinhua reports. … ( read…
Monthly Archives For September 2017
UPDATE 1-China property investment, sales growth pick up in August, despite curbs
* Aug property investment +7.8 pct y/y vs +4.8 pct in July-Reuters calculation * Aug sales by floor area +4.3 pct y/y vs +2 pct in July-Reuters calculation * New construction starts bounce back to…
China Jan-Aug property investment rises 7.9 pct y/y, unchanged from Jan-July gain
BEIJING, Sept 14 (Reuters) – Real estate investment in China in January-August rose 7.9 percent from the same period a year earlier, unchanged from from first seven months of 2017, official data showed on Thursday.…
Guessing game intensifies for next China central bank governor
BEIJING — With the governor of the People’s Bank of China, Zhou Xiaochuan, set to step down by March after 14 years, a likely successor has emerged in the person of Jiang Chaoliang, party secretary…
Zacks Investment Research disclosed China Unicom (Hong Kong) Limited (ADR) (NYSE:CHU), bumping up its stock price target to $16.00 today
China Unicom (Hong Kong) Limited (ADR) (NYSE:CHU) had its target bumped up to $16.00 by Zacks Investment Research in an issued report announced 06/21/2017. The bumped up price target suggests a potential upside of 0.09%…
China’s internet finance body urges members not to deal in cryptocurrencies
SINGAPORE (Reuters) – China’s internet finance association on Wednesday urged its members not to take part in any centralized virtual currency trading or provide services involving cryptocurrency trading due to the financial and social risks.…
Rapper’s Delight: China’s Hip-Hop Talent Showcase Boosts Brands
A rapper named Little Dragon struts across a stage, baseball cap slung low on his forehead. The camera cuts to glistening McDonald’s chicken wings, and Little Dragon plugs the product in a rap couplet—in Mandarin.…
Inaugural PCHi Technology Summit celebrates Chinese innovations
Taking place from 29th-30th August 2017 in Shanghai, the inaugural event welcomed over 380 industry professionals from all over China. For the first time too, to support the smart and relevant use of infocomm technology,…
China is considering major investments in European finance as part of its global spending push
“They would look very favorably at transactions that have some links to the Belt and Road program, because the country needs to boost its financial muscle,” the banker said. But Beijing “will ensure the excesses…
China beefs up cyber defenses with centralized threat database
China said on Wednesday it will create a national data repository for information on cyber attacks and require telecom firms, internet companies and domain name providers to report threats to it. The Ministry of Industry…
China plans nationwide ethanol use by 2020
BEIJING — China plans to expand use of ethanol in gasoline nationwide by 2020 to curb smog and fossil fuel demand, the government said Wednesday, joining United States, Brazil and other nations that use blended…
China sets up first ‘commercial’ quantum network for secure communications
China touts that it is at the forefront of developing quantum … government and official users in Shandong’s provincial capital Jinan, the official Xinhua news agency said late on Tuesday. It did not elaborate on…
China confident of maintaining strong growth, Premier Li Keqiang tells heads of six global agencies
Chinese Premier Li Keqiang said on Tuesday he was confident China would maintain the strong economic growth it achieved in the first half of the year. Speaking at a press briefing after a round-table meeting…
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