Fourteen Chinese provinces plan to invest a combined 15 trillion yuan (US$2.4 trillion) in infrastructure and other projects starting this year as part of their effort to help set a bottom on a slowdown in the economy, an official newspaper said on Wednesday.Wednesday, 4 February, 2015, 10:22pm
China’s services sector grew at the slowest pace in six months in January as growth in new business weakened, a private survey showed, raising expectations that policymakers may unveil more stimulus steps to avert a sharper slowdown in the world’s second-largest economy.5 Feb 2015 - 6:11pm
Chinese airlines will this week scrap fuel surcharges for domestic flights for the first time since late 2009 after fuel buying costs fell below a government-set level, the civil aviation authority said on Tuesday.4 Feb 2015 - 10:39pm
The risk of global deflation looms large for 2015 as surveys of China’s mammoth manufacturing sector showed excess supply and deficient demand in January drove down prices and production.
While the pulse of activity was livelier in Japan, India and South Korea, they shared a common condition of slowing inflation that argued for yet more policy stimulus ahead.2 Feb 2015 - 6:26pm
The January purchasing managers indices pointed to a softening of manufacturing activities in Mainland China, but analysts said this may not fuel immediate panic that would push the authorities into loosening policy in a bid to stimulate the economy.2 Feb 2015 - 5:16pm
Charles Schwab, one of the world’s biggest brokerage houses with client assets worth US$2.46 trillion, is eying expansion in China as it seeks to tap growing demand from mainland investors who want to buy foreign securities.29 Jan 2015 - 12:26pm
The year’s first dollar debt sold by a mainland China developer comes with a surprisingly low yield given the default fears stalking the market in the wake of Kaisa’s troubles.29 Jan 2015 - 12:07pm
Chinese consumer sentiment declined slightly in January, as confidence in jobs and the real estate outlook remained subdued while spending on durable goods fell to a record low.
The Westpac MNI China Consumer Sentiment Indicator dropped to 112.1 in January, near the record low seen in October last year, and reversed a December rebound.28 Jan 2015 - 12:46pm
Starting from mid-February till the end of this year, home buyers in China’s third-tier city of Shaoxing in Zhejiang province will be given a tax refund from the local government of at least 0.8 per cent of the deal price.18 Apr 2015 - 5:54pm
JD.com, the largest online direct sales company in China, is looking to expand the selection of imported foods and beverages sold to its 50 million mainland customers under its first major promotion with six countries.21 Apr 2015 - 11:26am
Miami-based Carnival, the world’s biggest cruise line, today signed a memorandum of understanding (MOU) with state-owned China Merchants in Shekou, Shenzhen to explore the possibility for two joint ventures.
One entity will order new ships to be designed and built in mainland China, in addition to plans to acquire existing cruise ships.27 Jan 2015 - 11:40pm
Mainland China’s state-backed oil and gas giants will likely be more active in looking at overseas acquisition opportunities this year to take advantage of sharply lower oil prices, after taking a breather last year amid corruption probes and an emphasis on spending and investment discipline.27 Jan 2015 - 10:22am
US hospital Mayo Clinic has entered into a partnership agreement with Chinese healthcare firm Medisun Holdings to collaborate on patient services and regenerative treatment research, a statement posted Monday morning to the stock exchange said.26 Jan 2015 - 9:45am
Shanghai has become the first big city or provincial government to drop economic growth targets from its annual work report, a landmark break from the country's decades-long obsession with GDP.26 Jan 2015 - 6:25pm
The mainland banking sector’s non-performing loan ratio jumped to 1.64 per cent at the end of 2014, according to China’s banking regulator, up from 1.16 at the end of the third quarter of the year and marking the biggest quarter-on-quarter jump in the official bad-loan count on record.23 Jan 2015 - 3:48pm