Those details are expected to be finalised at the National People’s Congress in March. On the same day, the People’s Bank of China (PBOC), China’s central bank, injected 257.5 billion yuan (US$37.9 bi… ( read…
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Recent Posts
Chinese finance ministry and central bank on same page on growth after Xi warns of risks to economy
China sees rising domestic tourism brands: report
Domestic Chinese tourism brands are on the rise thanks to improvements in service quality and innovative marketing ideas, said a recent big data report on China’s tourism, jointly issued by online tou… ( read original…
China says it can achieve sustainable economic development in face of ‘a lot of uncertainties’
Growing signs of weakness in China – which has generated nearly a third of global growth in recent years – have fueled anxiety about risks to the world economy and overshadowed the gathering of busine……
China Risks Real Hard Landing This Time
Instead, Beijing has overdone its own crackdown on nonbank “shadow finance”—without opening alternative channels for private-sector borrowers, who often struggle to obtain bank credit. As a result, Ch… ( read original story …)
ZTE, China Mobile take the lead in completing 2.6GHz NR test
ZTE Corporation (0763.HK / 000063.SZ), a major international provider of telecommunications, enterprise and consumer technology solutions for the mobile Internet, today announced that ZTE and the Guan… ( read original story …)
China says will step up fiscal spending this year to support economy
BEIJING (Reuters) – China will step up fiscal spending this year to support its economy, focusing on further cuts in taxes and fees for small firms, finance ministry officials said on Wednesday. Mount… ( read…
‘Recovering confidence’: China property developer buys two sites in Beijing, Shanghai for US$1.8 billion
Sunac China Holdings, one of the country’s biggest property developers, has bought two sites in Beijing and Shanghai worth 12.5 billion yuan (US$1.83 billion), it said on Monday. Sunac Real Estate, a … ( read…
China Telecom leads mobile market growth in December
China Telecom added the most mobile customers in the Chinese market in December 2018. The operator’s base grew by 3.22 million to 303 million. China Mobile followed, with net additions of 2.96 million … (…
China protests after U.S. confirms it will request extradition of Huawei exec
The case has since been at the centre of ongoing diplomatic tensions between Canada and China. The news of the impending extradition comes one day after some 140 diplomats and scholars wrote a letter ……
A Spotlight On Beijing Chunlizhengda Medical Instruments Co., Ltd.’s (HKG:1858) Fundamentals
By this I mean, I look at stocks holistically, from their financial health to their future outlook. In the case of Beijing Chunlizhengda Medical Instruments Co., Ltd. (HKG:1858), it is a company … ( read…
Japan exports sink 3.8 pct in Dec, hit by China slowdown
The preliminary data from the Ministry of Finance showed that shipments to China sank 7 per cent in December from the same month of 2017. China’s economy has slowed most quickly than anticipated recen… (…
China Telecom narrows subs gap to Unicom
China Telecom, the third largest mobile player in the mainland, edged closer to number two China Unicom after adding 53 million new subscribers in 2018. With 303 million total subs, China Telecom ende… ( read…
China Unicom (Hong Kong) Limited (NYSE:CHU) gets upgraded to Buy by Bank of America
Today, China Unicom (Hong Kong) Limited (NYSE:CHU) stock received an upgrade by Bank of America from Neutral to Buy. There are 3 Hold Ratings, 2 Buy Ratings, no Strong Buy Ratings, no Sell Ratings ……