It also raised its forecast for China’s economic growth this year by 0.3 percentage points to 6.5% on expectations of continued policy stimulus. India, which has recorded some of the world’s strongest recent growth, is…
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IMF raises China growth forecast but warns on debt
BEIJING, China – The International Monetary Fund on Monday raised its growth forecast for China but warned that rising debt which has prompted concern about the country’s finances increases the risk of a sharper slowdown.…
2 ships sold to Pak Navy for Gwadar security: China
China on Monday said it has sold two naval ships to Pakistan to protect the strategic Gwadar port and trade routes under the USD 46 billion China-Pakistan Economic Corridor, saying the sale of vessels was…
China's Xi says Chinese economy to keep growing steadily
“We are confident that we will keep our economy stable and growing steadily,” Xi said, adding that the global economy was still weak. “Protectionism, populism and de-globalization are on the rise. It’s not good for…
Beijing Warns Trump on One-China Policy
Jan.15 — Beijing has now warned Donald Trump not to question its claim to Taiwan, saying its one-China policy is not negotiable. This comes one day after the President-elect hinted at a major reset of…
Beijing warns Trump over Taiwan
Two influential Chinese newspapers warn U.S. President-elect Donald Trump that Beijing will “take off the gloves” and Taiwan may be scarified if he continues to provoke Beijing over the self-ruled island once he sworn in.…
Davos 2017: Trump, China and Brexit set to dominate
China, Donald Trump and Brexit are set to dominate this year’s World Economic Forum (WEF) meeting in Davos. Xi Jinping will be the first Chinese president to attend the annual meeting of world and business…
Canadian companies can clean up in China
For companies that focus strategically on the right products and services, the market for Canadians to export clean technology, or cleantech, to China, still has room to grow, says Tom Rand, managing partner of ArcTern…
China's Sinochem chief dismisses ChemChina merger reports as 'rumour'
at the Asian Financial Forum in Hong Kong. The reports of a possible merger of the two Chinese companies triggered concerns it could complicate China National Chemicals Corp’s (ChemChina) acquisition of Syngenta , which would…
China's Just Getting Started With Funky Finance
China’s love affair with asset-backed securities, the kind of financial product that helped spur the 2008 global credit crisis, has the intensity of a new passion. But for all the concerns about the speed at…
Hong Kong leadership race heats up as China clears way for top officials to run
HONG KONG: China on Monday (Jan 16) approved the resignations of two of Hong Kong’s top officials, including its financial secretary, paving the way for them to contest a March election to become the next…
China hits back at Trump, says one-China policy is 'non-negotiable'
China said Sunday that its one-China policy is “non-negotiable” after President-elect Donald Trump suggested that he might use American policy on Taiwan as a bargaining chip between the two sides. China Foreign Ministry spokesman Lu…
China warns Trump that its stance on Taiwan is 'non negotiable' after the Donald made moves towards recognizing the island nation
The country’s foreign ministry described the ‘one China’ policy as ‘non-negotiable’, in a statement released on Sunday. Since recognizing Beijing in 1979, Washington has maintained only unofficial ties with Taiwan, the self-governing island that Beijing…