• Sat
  • Aug 2, 2014
  • Updated: 6:58am

Chinese Economy

China still in early stage of weak recovery, economists say

The National Bureau of Statistics said yesterday industrial firms made a profit of 470.6 billion yuan (HK$589 billion) last month, up 15.5 per cent compared to a growth of 9.3 per cent in April.

Friday, 28 June, 2013, 12:49am

Scalpel in hand, Chinese Premier Li stirs reform hopes

Investors getting stung by China’s worst financial market rout in years should find solace in the fact that the government, in particular Premier Li Keqiang, is willing to play hardball to force through much-needed policy change.

26 Jun 2013 - 2:43pm

Scalpel in hand, Chinese Premier Li stirs reform hopes

Investors getting stung by China’s worst financial market rout in years should find solace in the fact that the government, in particular Premier Li Keqiang, is willing to play hardball to force through much-needed policy change.

26 Jun 2013 - 2:38pm

PBOC approves individual outward investment pilot: report

China’s central bank has approved plans to launch a new pilot program allowing individual households to make financial investments overseas, state media reported on Tuesday, in the latest sign of progress towards capital account liberalisation.

26 Jun 2013 - 2:19am

Hedge fund Grandmaster sees stock market crash in China

Former chess grandmaster-turned hedge fund manager Patrick Wolff is betting on a stock market crash in China, where he says corruption and bad debts have spiraled to dangerous levels.

21 Jun 2013 - 10:19am

China no longer just an economic juggernaut

Regardless of whether the 21st century will remain an American century, authors Heriberto Araújo and Juan Pablo Cardenal have outlined in The New York Times how China is already building an "economic empire" across the globe, including the acquisition of Western iconic assets.

17 Jun 2013 - 4:23am

Rivals drawn to Latin groove

Although the Chinese and US presidents heralded a "new model" of co-operation at their weekend summit, a growing competition looks more likely. The whirlwind of activity before Barack Obama hosted Xi Jinping in the California desert revealed that Beijing's and Washington's sights are set on a similar prize - and face differing challenges to attain it.

14 Jun 2013 - 3:49am

Export growth plunges to 1pc as impact of crackdown on fraud has effect

Exports in May rose by 1 per cent to US$182.8 billion from the same month last year, according to customs data released yesterday. The growth was far below the 14.7 per cent increase in April and also well below the 7.4 per cent estimate of economists polled by Bloomberg.

9 Jun 2013 - 6:34am

Shanghai free-trade zone edges closer

The proposals on the free-trade zone were being reviewed by the relevant ministry-level authorities in Beijing and were likely to receive the go-ahead as early as July, the state-owned Shanghai Securities News reported.

7 Jun 2013 - 3:46am 1 comment

Higher PMI reading lifts hopes of reversing China's first-quarter slowdown

The official Purchasing Managers' Index (PMI) rose to 50.8 from 50.6 in April, the National Bureau of Statistics and China Federation of Logistics and Purchasing said yesterday. That was higher than all estimates in a Bloomberg survey of 30 analysts and above the median projection of 50, which divides growth from contraction.

2 Jun 2013 - 6:28am