Category: FINANCE

For years, China and Taiwan were locked in a bitter diplomatic tug-of-war, luring away each other's allies with generous financial packages in so-called "chequebook diplomacy". Diplomatic tussles between the two had eased under Taiwan's previous Beijing ... ( read original story ...)

BEIJING (Reuters) - China's commerce ministry said on Thursday it will "try all methods" to stabilise trade in what it sees as a challenging and complicated trade outlook this year. Commerce Ministry spokesman Sun Jiwen told a regular briefing in Beijing ... ( read original story ...)

BEIJING(Reuters) - China's vehicle sales jumped 13.7 percent in 2016, the fastest pace in three years, thanks to a tax cut on small-engine cars but growth is expected to slow this year as the incentive is reduced. China's auto market, the world's largest ... ( read original story ...)

China's top leaders pledged after a key meeting last month to stem the growth of asset bubbles in 2017 and place greater importance on the prevention of financial risk, while keeping a "prudent and neutral" monetary policy. But in December alone ... ( read original story ...)

China's banks extend record 12.56 trln loans in 2016 * Bank lending surges as Beijing seeks to hit GDP growth target * But concerns grow about risks of prolonged debt-fuelled stimulus * Containing financial risks a key challenge for Beijing in 2017 (adds ... ( read original story ...)

the finance ministry announced last month the tax would be increased to 7.5 percent beginning January 1 of this year and restored to the original rate of 10 percent next year. US auto giant General Motors delivered a record 3.87 million vehicles in China ... ( read original story ...)

Call it China’s Great Ball of Money, Whac-a-Mole Finance, or simply a whole lot of liquidity. Whatever term you use for the excess credit trapped in China’s financial system, few would deny that predicting its sometimes erratic movements can be a money ... ( read original story ...)

"Consumption is a hotspot of China's economic growth, so is finance. Thus the consumer finance should also be a hotspot as it is a hotspot overlay," said Li Daokui, direct of China and World Economic Research Center of Tsinghua University, at the 2016 ... ( read original story ...)

China detained 720 people while Beijing imposed $US21.8 million ($A29.3 million) in fines for violating environmental protection laws in 2016. China is in the third year of a "war on pollution" aimed at containing the damage done to its air, soil and water ... ( read original story ...)

China’s central bank launched spot checks on leading bitcoin exchanges in Beijing and Shanghai, ratcheting up pressure on potential capital outflows and knocking the price of the cryptocurrency down more than 16 per cent. The price of bitcoin touched a ... ( read original story ...)