China 2016 auto sales surge at fastest in three years

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 ...)

China’s Great Money Ball Has More Bubbles in Sight for 2017

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 ...)

China's consumer finance promising

"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 detains 720 in pollution crackdown

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 launches spot checks on bitcoin exchanges

SHANGHAI China's central bank said on Wednesday it launched spot checks on major bitcoin exchanges in Beijing and Shanghai, knocking the price of the cryptocurrency down by more than 6 percent. The probe of bitcoin exchanges, including BTCC, Huobi and ... ( read original story ...)