• Fri
  • Dec 26, 2014
  • Updated: 10:54pm

Economy of the People'S Republic of China

China Liansu's revenue shows slight rise

China Liansu has 14 production bases for plastic pipes and fittings, strategically located on the mainland, and 25 in all, some under construction.

China Liansu Group Holdings, one of the largest manufacturers of plastic pipes and fittings on the mainland, announced a slight increase in its financials for the first six months of the year.

Monday, 27 August, 2012, 7:31am

Property players look abroad to avoid controls

Developer Zan Wei Realty chose to market its luxury development in Suzhou, Chuo Cheng Villas, first in Hong Kong. Photo: SCMP

Shanghai property agent Fang Bei used to earn tens of thousands of yuan a month from commissions she was paid for selling luxury homes to wealthy businessmen.

The money kept rolling in - until the central government introduced a series of policy measures aimed at curbing demand and price growth in the mainland's overheated property market.

22 Aug 2012 - 9:38am

End China's state-led sports system

End China's state-led sports system

The London Olympics have just ended and the memory of Chinese athletes giving their all to win honours is still fresh in our minds. Who can forget Liu Xiang's heart-wrenching fall in the hurdles event?

16 Aug 2012 - 2:46am

Fears of a lull as economic growth wanes in Japan

Slowing exports could weigh down the economy further, setting the stage for more monetary easing.

Japan's economy expanded just 0.3 per cent in April-June, half the pace expected, fuelling concerns growth will continue to flag as a rebound in consumer spending starts to lose momentum and Europe's debt crisis weighs on global demand.

14 Aug 2012 - 10:12am

Investors get more reason to grumble

Investors get more reason to grumble

Mainland-listed companies are reporting lacklustre earnings for the first half of this year, a development likely to further depress a confidence-stricken domestic stock market.

14 Aug 2012 - 11:44am

Re-exports disguise Hong Kong's gloomy outlook

Re-exports disguise Hong Kong's gloomy outlook

Gosh, everyone's gone gloomy all of a sudden. On Friday the Hong Kong government announced that the city's economic output fell by 0.1 per cent in the second quarter of the year, compared with the first three months (see the first chart).

13 Aug 2012 - 2:11pm

Economy's lull a time for reform

Cooling economic activity has heightened expectations of more aggressive policy actions from Beijing to counter a worse-than-expected slowdown. Industrial output growth slowed the most in three years in July and new export orders fell, both reflecting the debt crisis in Europe and a sluggish recovery in the United States.

15 Aug 2012 - 11:30pm

Regulator calls for share buy-back

The mainland's securities regulator is encouraging listed companies to buy back and cancel some of their shares, the latest effort to boost stock prices and bolster investor confidence.

15 Aug 2012 - 10:51pm

829b yuan to beat the downturn

Hunan provincial capital Changsha has unveiled an 829.2 billion yuan (HK$1.02 trillion) stimulus package, prompting speculation it could be a model for other local governments to counter the economic slowdown.

27 Jul 2012 - 12:00am

Pep talk fails to reassure investors

Mainland investors rejected a pep talk last week from the chief securities regulator, sending the benchmark to a three-year low yesterday as concerns about the country's economy mounted.

24 Jul 2012 - 12:00am

Who's reaping the windfall?

The impact of falling oil prices reaches many firms. Investors might wonder which listed firms might be profiting most. The following are the sectors and the firms to watch:

Airlines

23 Jul 2012 - 12:00am

Out with the 'China cult'

China deserves congratulations: such a sprawling complicated country managed to publish its growth numbers for the second quarter on Friday, a mere 13 days after the end of the quarter. It's a performance on par with tiny sophisticated Singapore and far ahead of the pack of older, richer countries - such as the US, Japan or Germany - which have yet to reveal their economic performances.

18 Jul 2012 - 12:00am

Economy tipped to pick up in second half of year

Analysts at Standard Chartered Bank expect China's economy to pick up in the second half of the year on the back of lower interest rates and increased spending on infrastructure.

'The economy will not come roaring back, but it will at the very least stabilise and should regain a little bit of momentum,' the bank says.

17 Jul 2012 - 12:00am

No better time for economic reform

Just a few months ago, financial markets fell after Beijing cut the economy's growth target for this year to an eight-year low of 7.5 per cent. On Friday second-quarter growth came in at 7.6 per cent, a shade lower than expected, and markets rose. That says something about how much major Western economies now look to China to sustain global growth.

15 Jul 2012 - 12:00am

Guangdong growth alertfor mainland

A warning from Guangdong, the mainland's export powerhouse, of a deepening economic downturn in the second half of this year signals broader concern for the nation's economic health.

13 Jul 2012 - 12:00am

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