SHANGHAI (Reuters) – A raft of data from China in coming weeks is expected to show the world’s second-largest economy carried solid momentum into 2017, thanks to heavy government stimulus and a construction boom that…
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Apple yanks New York Times apps in China
All the news that’s fit to ban — that’s essentially China’s position on The New York Times. After blocking the U.S. publication’s English and Chinese websites for nearly five years, Chinese authorities have now had…
China to spend $493 billion on green power by 2020
China will plough 2.5 trillion yuan ($493 billion) into renewable power generation by 2020, the country’s energy agency says, as the world’s largest energy market continues to shift away from dirty coal power towards cleaner…
China's miners gamble on spot coal despite Beijing pressure
while China Shenhua Energy Co Ltd reported its best quarterly profit since the final quarter of 2014. If the miners have misjudged, however, it could be welcome news to the utilities, many of which are…
Apple removes NY Times apps in China
Apple has complied with a request from Chinese authorities to remove two New York Times apps from its app store in China, the newspaper. The US technology giant removed both the English-language and Chinese-language news…
China should let yuan fall, says the latest economist to join call for central bank to change tack
China should stop its heavy intervention in the yuan exchange rate and allow a one-off devaluation of the yuan, according to the finance professor at the prestigious Tsinghua University and author of China’s Guaranteed Bubble.…
The pink yuan: how Chinese business is embracing the LGBT market
Last year Alibaba-owned shopping giant Taobao organised trips for ten gay Chinese couples to get married in Los Angeles – gay marriage is not legal in China. “This is the other style of business expansion…
Low oil prices are going to cause headaches for China and Russia
Global politics has been a big driver in energy markets for decades. Strategic expert George Friedman of Geopolitical Futures says Russia and China will both face their own particular energy-driven problems in 2017. Low Economic…
Apple has taken down New York Times apps in China after a government request
Apple has removed apps from The New York Times from its app store in China, after “what it said was a request from the Chinese authorities,” according to the Times itself. Apple took down both…
'China's Growing Influence On Asian Financial Markets'
Today we are pleased to present a guest contribution written by Serkan Arslanalp, senior economist at the IMF. This post is based on the paper by the same title, co-authored with Wei Liao, Shi Piao,…
China’s Credit Engine Is Running Out of Gas
The People’s Bank of China faces a reckoning after revving its credit engine for years. Three conditions suggest traditional financing and shadow banking are due to cool: Restrictions on property markets are poised to start…
China steps in to support yuan again as Trump inauguration nears
HONG KONG (Reuters) – China stepped into both its onshore and offshore yuan markets to shore up the faltering yuan for a second day on Wednesday, sparking speculation that it wants a firm grip on…
Divided opinions on China’s December data reflect 2017 uncertainty
Meanwhile the non-manufacturing PMI dropped from its two year high of 54.7 in November, but only as far as 54.5. Se Yan, Standard Chartered Bank’s senior economist for China, offered up a positive reading of…
