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Results 1 - 10 of 71 for offshore yuan trading

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  1. Business - Economy - CHINA

    Beijing eyes new regional free-trade deal as US-led pact falters

    Posted May 01st 2014, 01:28am by KRISTINE KWOK

    ... Kristine Kwok kristine.kwok@scmp.com Talks under way on regional pact after Obama failed to make headway on a US-led agreement China pushes for Pacific trade deal Beijing has sought to take the lead in kick-starting the formation of a regional free-trade agreement as a US-led pact, which does not include China, faces uncertainty. Wang Shouwen, an assistant commerce minister, ...

    http://www.scmp.com/business/economy/article/1501232/beijing-eyes-new-regional-free-trade-deal-us-led-pact-falters
  2. Business - Economy - CHINA

    China shouldn't delay on economic reform, US Treasury chief Jack Lew says

    Posted May 11th 2014, 05:26am by BLOOM

    ... Bloomberg in Washington Lew says China shouldn't wait on economic reform United States Treasury Secretary Jack Lew said he would call on Chinese leaders this week to let markets determine the value of the yuan and to avoid postponing measures to overhaul their economy, even as growth falters. "They obviously have to worry about their short-term economic ...

    http://www.scmp.com/business/economy/article/1509416/china-shouldnt-delay-economic-reform-us-treasury-chief-jack-lew
  3. Business - Economy - CHINA

    Shanghai free-trade zone edges closer

    Posted Jun 07th 2013, 12:00am by Daniel Ren

    ... Daniel Ren in Shanghai ren.wei@scmp.com Approval expected soon for plan that ties in with move for full yuan convertibility Shanghai free-trade zone edges closer Shanghai is expected ... of the commodities and capital. The newspaper said Beijing would allow full convertibility of the yuan in the pending free-trade zone, a move to help Shanghai fast-track transforming itself ...

    http://www.scmp.com/business/economy/article/1255178/shanghai-free-trade-zone-edges-closer
  4. Lifestyle - Books - CHINA

    Book review: The Contest of the Century, by Geoff Dyer

    Posted Mar 23rd 2014, 03:52pm by Mark O'Neill

    ... chapters are those on the economy. HSBC predicts that by 2015, at least half of China's trade with the developing world, around US$2 trillion, will be in yuan. "The world is slowly, ... to China, which has overtaken the US to become the largest trading partner and largest foreign investor in Brazil. This reshaping of the world by a rising China is one of the main themes ...

    http://www.scmp.com/lifestyle/books/article/1453968/book-review-contest-century-geoff-dyer
  5. Business - Economy - CHINA

    Stronger yuan, fear of forex losses hurting exporters

    Posted May 17th 2013, 12:00am by Victoria Ruan

    ... ministry says Stronger yuan hurting exporters Fast yuan appreciation has hurt exporters, the Ministry of Commerce said yesterday, adding the country's trade outlook is clouded by uncertainties ... by the country's exporters over the past months, fuelling suspicion that speculative funds may have flowed in through trade accounts on expectations of further yuan appreciation. The yuan has shown ...

    http://www.scmp.com/business/economy/article/1239319/stronger-yuan-hurting-exporters
  6. Business - Economy - CHINA

    Premier Li Keqiang rules out strong stimulus despite weaker growth

    Posted Apr 16th 2014, 11:46pm by Victoria Ruan

    ... measures and then slid again. Qu said Beijing must accelerate efforts to reform investment and financing mechanisms, lower financing costs, cut taxes and prevent the yuan from further appreciation. ...

    http://www.scmp.com/business/economy/article/1484982/premier-li-keqiang-rules-out-strong-stimulus-despite-weaker-growth
  7. Business - Banking & Finance - CHINA

    HSBC and BEA approved to operate in Shanghai free-trade zone

    Posted Oct 13th 2013, 12:00am by KANIS LI

    ... Kanis Li Kanis.li@scmp.com Banks given approval for sub-branches in mainland's first free-trade area HSBC and BEA in for Shanghai trade zone HSBC and Bank of East Asia have won approval to set up a presence in the Shanghai free-trade zone, putting them among the first foreign banks there following similar approval granted to DBS and Citigroup last month. Both banks plan ...

    http://www.scmp.com/business/banking-finance/article/1330549/hsbc-and-bea-approved-operate-shanghai-free-trade-zone
  8. Business - Economy - CHINA

    Hi-tech industry helps Shenzhen beat GDP goal

    Posted Jan 23rd 2014, 03:56am by He Huifeng

    ... China Morning Post. Shenzhen invested more than 50 billion yuan (HK$63.6 billion) in research and development, accounting for about 4 per cent of local GDP. The city will set an economic growth ... Hong Kong investment to the Qianhai economic zone. He also wants to encourage officials at Qianhai to get more involved in cross-border and offshore finance. Xu expects to invest 120 billion ...

    http://www.scmp.com/business/economy/article/1411321/hi-tech-industry-helps-shenzhen-beat-gdp-goal
  9. Business - Economy - CHINA

    Beijing urged to act as rising local government debts threaten reform

    Posted Mar 26th 2014, 05:29am by Ray Chan, Jeanny Yu

    ... governments soared by 67 per cent to 17.9 trillion yuan (HK$22.58 trillion) in June last year from the end-December 2010 reading of 10.7 trillion yuan. About 14 to 34 per cent of the outstanding local ...

    http://www.scmp.com/business/economy/article/1457354/beijing-urged-act-rising-local-government-debts-threaten-reform
  10. Business - Economy - CHINA

    China trade outlook worsens as exports tumble in June

    Posted Jul 10th 2013, 10:11am by Victoria Ruan

    ... economic stability, after official trade data showed the first annual fall in exports in 17 months. An unexpected 3.1 per cent fall in June exports from a year earlier to 1.09 trillion yuan ... trade performance on weakness in external demand, rising yuan and labour costs and slowing domestic industrial production, as well as the recent crackdown on hot money inflows through inflated ...

    http://www.scmp.com/business/economy/article/1279388/china-june-exports-drop-first-time-17-months

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