Aligning State and Market: China’s Approach to Development Finance is authored by economist Chen Yuan – former president of the China Development Bank. The book records how Chen Yuan and China Development Bank (CDB) gave…
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China signals neutral monetary policy with rate hikes
On the first working day of the Year of the Rooster, China’s central bank surprised financial markets by raising lending rates to banks, widely interpreted as a shift towards neutral monetary policy as economic fundamentals…
China's monetary policy to be more prudent, neutral
China’s monetary policy is expected to be more prudent and neutral, to rein in asset bubbles and guard against financial risks, economists have said. The central bank, the People’s Bank of China (PBOC), Friday raised…
China vows strong punishments for illegal financing activities
BEIJING China will severely punish people involved in illegal financing … “Conscientiously follow the demands of the central government, put the prevention of financial risk in an even more important position,” Xinhua said. “Severely punish…
Ghana seeks 'enhanced relationship' with China: finance minister
ACCRA Ghana’s new government will seek to enhance its relationship with China in order to help develop its economy, Finance Minister Ken Ofori-Atta told reporters on Sunday. He said the ministry would on Monday hold…
Preview – China Jan data to show slide in FX reserves slowing, inflation picking up
China’s central bank surprised financial markets on Friday by raising short-term interest rates on the first day back from a long holiday. While the rate increases were modest, they reinforced views that authorities are intent…
China ships sail near disputed isles after Mattis visit: Japan
Japan said Chinese coast guard vessels sailed Monday into its territorial waters around disputed islands in the East China Sea, days after the new US defence chief vowed to defend Tokyo’s control of them. Three…
Koreans See China’s Ire Over Missile Shield in Export Hurdles
Korea’s Finance Minister Yoo Il-ho has said he thinks China may be taking unfair and indirect action in some cases. China opposes the deployment, with a foreign ministry spokesman last month saying it hoped South…
China makes a statement with its Rocket Force
as well as the first island chain in the Pacific and stepped up naval drills in the disputed South China Sea. Washington Free Beacon, a news website in the United States that specialises in military…
Managers held over China massage parlour fire that killed 18
BEIJING — Authorities have detained those in charge of a foot massage parlour in eastern China in which 18 people were killed and another 18 injured in a fire Sunday. The official Xinhua News Agency…
China's First Large Homemade Passenger Jet to Fly in 2017
The ruling Communist Party newspaper People’s Daily said Monday that Commercial Aircraft Corp. of China Ltd., or Comac, had nearly completed work on the 175-passenger C919. The plane is to enter the market in 2019…
China Ex-Deputy Intelligence Chief Graft Probe Proceeding
Prosecutors are proceeding with a corruption investigation into a former Chinese deputy intelligence chief. The supreme state prosecutor’s office said Monday that Ma Jian, a former vice minister of state security, has been placed under…
Xinhua China news advisory — Feb. 6
— China’s first large passenger aircraft to make maiden flight — Cooperation the only right choice for China-U.S. relations: People’s Daily — Analysis of China’s action plan on prevention of HIV/AIDS — China Focus: Agricultural…
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