China’s central bank rejects calls for a liquidity injection as short-term money market rates soar. Is this down to economics or are political considerations in play?
SHANGHAI stocks plunged to the lowest level in more than six months as concern over the economy escalated after data suggested China's manufacturing activity contracted to a nine-month low in June.
SHANGHAI stocks plunged to the lowest level in more than six months as concern over the economy escalated after data suggested China's manufacturing activity contracted to a nine-month low in June.
HSBC lowered its China GDP forecast from 8.2 percent to 7.4 percent for this year as the new leadership's preference for reform over stimulus to sustain growth may have a limited impact in the short term.
HSBC lowered its China GDP forecast from 8.2 percent to 7.4 percent for this year as the new leadership's preference for reform over stimulus to sustain growth may have a limited impact in the short term.
CHINA'S manufacturing activity may fall to a nine-month low in June due to weaker demand at both home and abroad, a survey showed today.
CHINA'S manufacturing activity may fall to a nine-month low in June due to weaker demand at both home and abroad, a survey showed today.
Central bank has dashed hopes that it was about to inject liquidity into the markets amid record levels for short-term money market rates
SHANGHAI stocks dropped this morning after data suggested that China's manufacturing activity contracted further in June to a nine-month low while commodity producers slumped after US Federal Reserve Chairman Ben Bernanke hinted to slow the pace of bond purchases.
SHANGHAI stocks dropped this morning after data suggested that China's manufacturing activity contracted further in June to a nine-month low while commodity producers slumped after US Federal Reserve Chairman Ben Bernanke hinted to slow the pace of bond purchases.
CHINA'S manufacturing activities fell to a nine-month low this month, according to a preliminary survey from HSBC.
CHINA'S manufacturing activities fell to a nine-month low this month, according to a preliminary survey from HSBC.
Property prices in China rose further in May. Sixty-nine of 70 cities have seen prices increase from a year ago, up from 68 cities in April. Five cities, including Beijing, Shanghai, Xiamen, Guangzhou and Shenzhen, saw double-digital price increases. I…
WSJ reports: It’s typically advisable not to accept Chinese economic data at face value –as even the country’s own premier will tell you. Figures on everything from inflation and industrial output to energy consumption and international trade often don’t seem…
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Any charges would mark an escalation in the US response to what it has said is a growing number of attacks by foreign hackers on US businesses and government