The Beijing municipal government recently issued “Several Measures to Promote the Development of Convenience Stores,” outlining 19 measures in support of the construction and development of convenienc… ( read original story …)
Monthly Archives For October 2018
Beijing 2022 seeks creative proposals for opening ceremony
Artistic minds from around the world have been invited by the Beijing 2022 Winter Olympics organising committee to submit creative proposals for the opening ceremonies, which is scheduled for … ( read original story …)
Beijing’s PM2.5 average drops to lowest in September
The Beijing Municipal Environment Protection Bureau on Oct. 18 announced that the monthly average PM2.5 level in September was 30 micrograms per cubic meter, down 48.3 percent from the same period las… ( read original…
China moves to lift confidence as economic growth hits weakest pace since 2009
China’s once high-flying automakers are now feeling the brunt of weaker consumer spending. Car sales fell the most in nearly seven years in September, data showed last week, with GM (NYSE:GM – News) a… (…
‘Caishang’ app launched to improve financial literacy
Ge Wei, chairman and president of China Fortune Media Group, delivers a speech at a seminar in Beijing on Oct 18. [Photo provided to chinadaily.com.cn] “Caishang”, an application for financial knowled… ( read original story…
China arrests former vice finance minister for graft
BEIJING (Reuters) – China has arrested a former vice finance minister for suspected corruption, its top prosecutor said on Friday. Zhang Shaochun has been under investigation for “serious violation of … ( read original story…
China to Allow Bank Wealth-Management Funds to Be Invested in Stocks
BEIJING/SHANGHAI (Reuters) – China’s banking regulator said on Friday it plans to start letting funds from products publicly sold by banks’ wealth management subsidiaries be directly invested in … ( read original story …)
China Urges Investor Calm While Stopping Short of Market Rescue
China’s top financial officials moved to shore up confidence in the country’s tumbling stock market, a rare show of coordinated verbal support as the government tries to prevent the deepest equity sel… ( read original…
China economic growth slips to weakest since 2009, demand ebbs as trade war bites
China’s once high-flying automakers are now feeling the brunt … Data last week showed car sales fell the most in nearly seven years in September. GM (NYSE:GM – News) saw sales fall 15 percent in…
China’s third quarter growth misses expectations at 6.5%
China has reported its slowest quarterly growth rate since the global financial crisis. The growth figure for the July to September quarter was 6.5% from a year earlier, the National Bureau of Statist… ( read…
China Verbal Intervention Leaves Stock Investors Wanting More
(Bloomberg) — China’s top financial officials moved to shore up investor confidence in the country’s tumbling stock market, a rare coordinated show of verbal support that failed to immediately put a … ( read original…
China’s September property investment slows, sales fall
BEIJING (Reuters) – Growth in China’s real estate investment eased in September and home sales fell for the first time since April, pointing to growing strains in a major driver of economic activity. … (…
China January-September property investment up 9.9 percent year-on-year
BEIJING (Reuters) – Real estate investment in China rose 9.9 percent in the first three quarters of 2018 versus the same period a year earlier, official data showed on Friday. That compared with a 10.…
