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,…
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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…
China to remain as growth engine amid global uncertainties: Argentine analyst
BUENOS AIRES – China will remain as an engine of global economic growth in 2017 due to its stability in an uncertain international context, said Argentine sociologist Josefina de Rosa. China’s “new normal” of economic…
China needs manufacturing upgrade amid challenges from India: Chinese media
“Industrial competition between China and India comes down to the labour force, where costs and the level of skills are two major factors that influence business decisions. Although China has an edge having nurtured skilled…
Plan would see lobsters expressed to China
Shelburne-based First Catch Fisheries ’ parent company is chartering a cargo plane to fly lobsters directly to China from Halifax to break through a logistical bottleneck. Fishing Forever, the China-based parent of the Nova Scotia…
China's new rule on yuan transfers not a capital control measure – Xinhua
China is maintaining the same quota of $50,000 for each … better monitoring of money laundering and financing for terrorism rather than targeting normal business activities, Xinhua said. Beijing has announced a string of rules…
China sets off for next stop of railway development
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Note ban hits India’s manufacturing while China records fastest growth in 4 yrs
At a time when demonetisation has hurt the manufacturing sector in India, China has reported the fastest growth in the sector, in four years. (HT Photo.) At a time when demonetisation has hurt the manufacturing…
China eases grip on salt market monopoly to open up competition
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Twitter’s China boss Kathy Chen quits after 8 months
Twitter Inc executive Kathy Chen, brought in to run Greater China just over eight months ago, has quit, according to a tweet sent by her over the weekend. Twitter has been blocked in China since…
China To Send 30 Missions Into Space In 2017
said China Aerospace Science and Technology Corporation. Long March-5 and Long March-7 rockets would be used to carry out most of the space missions, the China News Service reported. Long March-5 is China’s largest carrier…