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…
Tagged By business
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
BEIJING – China’s state-run railway operator has released its major development targets for the year ahead, promising to boost investment, expand the network and increase the number of scheduled trains. To help achieve its targets,…
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
China has begun to ease its monopoly on the salt market, overhauling a system which has been in place for more than 2000 years, under emperors and communists alike. Production and sale of salt has…
China begins to ease its 2,000-year-old monopoly on salt
BEIJING — China has started an overhaul of its salt industry, easing a monopoly that has existed in some form for more than 2,000 years and predates the Great Wall. New regulations went into effect…
'China freight train' in first trip to Barking
China has launched a direct rail freight service to London, as part of its drive to develop trade and investment ties with Europe. China Railway already runs services between China and other European cities, including…
China’s economic rebalancing is making progress, but there’s still more to do
The September visit of Prime Minister Justin Trudeau to China was a success, on many levels, and signalled renewed Canadian interest in stronger commercial links. The uncertainty about trade relationships as a result of the…
China state broadcaster rebrands in international push
BEIJING – State broadcaster Central China Television has rebranded its international networks and digital presence under the name China Global Television Network as part of a push to consolidate its worldwide reach. CCTV on Friday…
China takes new step to downgrade the dollar's prominence
China took another step to degrade the US dollar in defining the value of its currency in an effort that cuts against its rival’s stubbornly strong hold on the global financial system. An arm of…
ADVERTISEMENT
