Market observers were quick to draw a connection between Beijing's announcement of record spending and a prompt surge in the Dow Jones Industrial Average to a new peak. That shows how much the global economy looks to China for growth amid Europe's debt woes and a weak recovery in the US.Monday, 11 March, 2013, 3:16am 1 comment
Investment coming into the mainland dropped 7.3 per cent last month to US$9.27 billion from a year earlier, dragged down by a 14 per cent decline in property investment, the Ministry of Commerce said yesterday. FDI fell 3.7 per cent last year.21 Feb 2013 - 6:07am
Millions of noisy mainlanders headed home after the Lunar New Year break laden with suitcases that bulged with goods ranging from cans of milk powder to luxury leather bags, delivering bumper sales for retailers and hoteliers from Hong Kong to New York to Sydney. Not everyone was happy about the influx of the mainland tourists, though.18 Feb 2013 - 5:34am 1 comment
China's economy is at a crossroads. Foreign and domestic observers alike are asking which path the country's economic development should take in the next decade. How can China ensure stable and sustainable growth in the face of significant internal and external challenges, including slowing medium- and long-term growth, rising labour costs and growing inflationary pressure?26 Jan 2013 - 2:43am
An exodus of factories from the Pearl River Delta has led some to question whether China can remain the so-called factory of the world, but even if the delta loses its pre-eminent status, the mainland will remain a manufacturing powerhouse, thanks to the rise of new manufacturing bases in interior provinces, analysts say.14 Jan 2013 - 3:01am
Despite the continued softness in the global economy, Fung Business Intelligence Centre believes the mainland's commercial sector will remain resilient and present significant opportunity for foreign and domestic investors this year.
In a report, "Ten Highlights of the China Commercial Sector, 2013", the centre provides expert views and insights into the mainland sector.11 Jan 2013 - 3:56am
The mainland's push for urbanisation as part of its economic development next year will benefit a range of stocks in the consumer and property sectors.
Shares of companies in the real estate, retail, restaurant, tourism, health care and skin care industries would benefit the most from the urbanisation process, fund managers said.31 Dec 2012 - 4:58am
Premier-in-waiting Li Keqiang has called on provincial leaders to break down internal market-access barriers during his first local inspection trip since becoming the Communist Party's No 2.30 Dec 2012 - 5:24am
Chinese corporate earnings are set to climb as much as 10 per cent next year as the world's second-biggest economy emerges from its slowdown and more people move to cities, Russell Investments says.
Companies that can benefit from an increase in domestic consumption may post even greater growth, said Gustavo Galindo, an emerging-market equities manager for Russell in New York.20 Dec 2012 - 4:17am
Promoting domestic consumption and urbanisation is at the heart of a blueprint for the mainland economy thrashed out at a weekend conference of leaders.17 Dec 2012 - 6:11am