• Sat
  • Dec 20, 2014
  • Updated: 7:01am

Chinese Economy

Lunar New Year boosts MNI China Consumer Sentiment Indicator

Chinese consumer sentiment rebounded modestly in February, helped by the week-long Chinese New Year holiday, according to the MNI China Consumer Sentiment Indicator released on Monday.

Monday, 4 March, 2013, 12:56pm

China's economy steadily improving, says survey

Preliminary figures from Market News International suggest accelerating growth in new orders and production. Photo: Reuters

It said its latest Flash MNI China Business Sentiment Indicator pointed to strong growth in February, with rises in new orders and production, helping the indicator rise to 61.79, compared with a final reading of 551.56 for January.

21 Feb 2013 - 10:31pm

Asian markets mixed, China factory data underwhelms

Separate purchasing managers index figures released for China on Friday have sent conflicting signals to the market. The official data pointed to a moderate slowdown, but a figure submitted by HSBC put the PMI at a more than two-year high. Photo: AFP

Asian markets were mixed on Friday, with Tokyo supported by further weakness in the yen, while Hong Kong and Shanghai dipped after official data showed Chinese manufacturing saw a moderate slowdown.

Tokyo were up 0.35 per cent by the break and Sydney climbed 0.65 per cent while Hong Kong shed 0.56 per cent, Shanghai slipped 0.34 per cent and Seoul eased 0.74 per cent.

1 Feb 2013 - 11:24am

Qianhai - a small zone with a big role

Hong Kong will advise on Qianhai's financial services. Photo: Reuters

Qianhai, in Shenzhen, may be the smallest of the dozen experimental zones on the mainland - which include Nansha in Guangzhou and Hengqin in Zhuhai - but its role is arguably the most significant.

29 Jan 2013 - 4:56am

Beijing to keep tabs on local fundraising

Beijing to keep tabs on local fundraising

Beijing will release regional financing figures from this year to better monitor fundraising activities as lower-level governments unveil ambitious plans to increase investment.

29 Jan 2013 - 3:17am

Banks get green light for 2b yuan in cross-border loans for Qianhai

Qianhai special economic zone in Shenzhen. Photo: Reuters

China had announced it would let firms in Qianhai, a US$45 billion special economic zone in Shenzhen, take out yuan loans from banks just across the border in Hong Kong, with tenors and interest rates to be set independently, also a major step towards liberalising the country’s interest rate mechanisms.

29 Jan 2013 - 3:40am 5 comments

Mainland forex regulator warns of big swings in capital flows

Mainland forex regulator warns of big swings in capital flows

The mainland should be prepared for big swings in speculative capital flows amid global economic uncertainties, the country's foreign exchange regulator said yesterday.

26 Jan 2013 - 2:43am

China factory output rises to 2-year high

The mainland's strong growth in manufacturing is seen as likely to be supported by favourable domestic liquidity conditions. Photo: AP

Mainland manufacturing activity grew this month at the fastest pace in two years, a private survey has indicated.

25 Jan 2013 - 3:29am

China business sentiment picks up in January

 Employees work at a warehouse for an online store at Taobao.com. The latest flash survey from MNI points to companies re-stocking ahead of an anticipated rise in demand early this year. Photo: Xinhua

Chinese business conditions improved in January, with new orders rising, in further evidence of companies re-stocking ahead of anticipated higher demand early this year.

18 Jan 2013 - 3:44pm

China's economy may be starting to recover

China’s trade growth remained one of the world’s best despite slowing significantly to 6.2 per cent from 22.5 per cent in 2011. Photo: EPA

China’s economy may have grown close to 8 per cent last year, with economists estimating the momentum at the end of year will likely continue into 2013.

17 Jan 2013 - 11:19pm

China expects trade to grow at similar pace to GDP

China’s foreign trade in 2012 grew by a less-than-expected 10 per cent, down from 22.5 per cent in 2011. Photo: EPA

China said on Wednesday that it expects foreign trade to grow at a similar pace to the economy this year, indicating a feeble pickup from last year.

16 Jan 2013 - 2:51pm

New study lifts veil on China's most affluent

Solid gold bling. A visitor looks at a gold model locomotive at a luxury exhibition in Beijing, capital. A new survey has found that the top one per cent of Chinese families make an average 1.51 million yuan a year. Photo: Xinhua

What does China’s typical “one per cent” look like? According to a recent university study, they live in an eastern Chinese city, have a college degree, run their own business, and make around HK$2 million a year or more.

16 Jan 2013 - 10:18am

The east is red; Why more Chinese companies are moving west

An emotional Michael Jordan (pictured here during his induction to the Basketball Hall of Fame) was unamused by a Chinese company’s attempt to piggyback on his fame, by using his name. Photo: AFP

One of the best ways for Chinese marketing executives to raise their companies’ profile is to ride on the coat-tails of a foreign brand. One example that springs to mind is Shandong sporting goods company Qiaodan, which ended up in a lawsuit with Michael Jordan, accused of stealing the basketball legend’s name.

16 May 2013 - 11:04am

Why Chinese companies are creating foreign jobs

A Chinese construction worker supervises roadbuilding in Addis Abbaba. Photo:  AFP

Each year China produces over 6 million university graduates while Chinese companies are expanding overseas. New free trade zones all over Africa and the Middle East are courting the foreign investment with tax incentives and low operating costs, reminiscent of China’s open door policy in the 1980s.

18 Jan 2013 - 1:44pm

China economy to overtake US by 2019: state research

A golden statue of Mao Zedong is displayed in a Beijing shop. A Chinese Academy of Sciences report predicts that China’s economy will overtake the US before the end of the decade. Photo: Reuters

China will overtake the United States economically within six years, an official research institute predicts, and go on to become the world’s most important country in three decades more, state media said Wednesday.

9 Jan 2013 - 6:43pm