Finance & Economy
China to boost Barter Trade
China is seeking to establish a legalized system of barter trading to help companies reduce inventories and boost profits, an official with the China National Excess Inventory Association has said. |
China Advances Property Tax Reforms
The cooling of China's property market is likely to encourage authorities to speed up property tax reforms, which many believe will play a key role in putting the sector back on track. |
All Regions Report low GDP growth
All China's 31 provincial-level governments reported lower than expected local GDP growth in the first half of 2014, with regions reliant on heavy industry suffering the biggest blow amid economic restructuring and a cut to industrial overcapacity. |
HSBC China Data Shows Continually Improving Economy
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HSBC China's reading of the country's manufacturing purchasing managers' index (PMI) has risen to its highest point since the start of 2013, adding to signs of national economic improvement. |
PBOC to Use New Tools for Liquidity Operations
The central bank will use unconventional monetary tools such as re-lending and pledged supplementary lending to maintain relatively loose liquidity, rather than turning to conventional tools including lowering interest rates or the reserve requirement ratio, s... |
RMB developing quickly as major world currency
The renminbi is on track to become the third-largest international currency behind the US dollar and the euro within five years as China accelerates its promotion of the yuan, said a Renmin University of China report released on Sunday(July 19th). |
Downward Pressure Burdens Chinese Economy
Although Chinese leaders have stressed the flexibility of the GDP growth target, an inspection group dispatched by the State Council found that attaining "reasonable" growth remains a struggle. |
China's Inflation Grows 2.3% in June
The consumer price index (CPI), a main gauge of inflation, softened to a 2.3 percent year-on-year growth in June, triggering concerns of broader monetary policy easing as a whole year outlook points to a soft inflation rate. |
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