SHANGHAI/BEIJING (Reuters) – China’s economy is expected to grow 7 percent in the second half of this year, the central bank governor said, accelerating from the first six months and defying widespread expectations for a…
Monthly Archives For October 2017
Beijing residents see improved living standard over 5 years
Beijing has made great achievements in improving people’s livelihood in terms of their income, housing, social security and access to public services since the 18th National Congress of the Communist Party of China. Monthly income…
China congress: How authorities censor your thoughts
China has all the appearances of an increasingly open society … For many Chinese people – even those overseas – WeChat has also become their main news feed. If you restrict this content you can…
Beijing targets gyms and kindergartens ahead of party congress
Home renovations, gym classes, model aeroplane flights and a host of other mundane activities have been suspended in Beijing, lest they disrupt the Chinese capital’s political event of the decade. With just three days to…
China’s Central Bank Chief Warns Corporate Debt Is Too High
People’s Bank of China Governor Zhou Xiaochuan warned that Chinese companies have taken on too much debt, and argued for less financial leverage as well as fiscal reforms to constrain local government borrowing. “The main…
In China, Trading Begins on WeChat
China does have policies about message record-keeping, but it’s unclear to what extent they are enforced when it comes to WeChat or QQ communication, according to bankers spoken to by Bloomberg News. The National Association…
China’s Zhou Warns Corporate Debt Too High, Urges Fiscal Reform
People’s Bank of China Governor Zhou Xiaochuan warned that Chinese companies have taken on too much debt, and argued for less financial leverage as well as fiscal reforms to constrain local government borrowing. “The main…
China’s 6.9% growth may continue: Chinese central bank governor Zhou Xiaochuan
BEIJING (BLOOMBERG) – Chinese economic indicators show “stabilised and stronger growth”, and the momentum of a 6.9 per cent expansion in the first six months of 2017 “may continue in the second half”, People’s Bank…
China Dominates IPO News This Week
There were four initial public offerings (IPOs) on the calendar last week and all four succeeded in gaining access to the public markets. The total amount raised was $347.2 million and the average first-day pop…
China steps up war on poverty, though some still left behind
said at a news conference in Beijing on Tuesday. “President Xi Jinping is personally in command, and has visited all of the areas of concentrated poverty” in China. He added: “With the active participation of…
Spirent and China Mobile to explore best practices of test refactoring.
Spirent Communications (LSE:SPT) has announced it has signed an agreement to partner with the China Mobile 5G Joint Innovation Center Project, the company said. As part of the first phase of the 5G C-RAN project,…
China could maintain 6.9 per cent growth in second half of year, central bank chief says
The 6.9 per cent economic growth China recorded in the first six months of the year “may continue in the second half” as a number of indicators suggest “stabilised and stronger growth”, according to the…
People’s Bank of China: Economy to Accelerate in Third, Fourth Quarters
Mainland China’s central bank expects the economy to gain momentum closer to the year’s end, however, there is strident debate regarding the accumulation of corporate and provincial debt as the country’s primary driver of economic…
