The recent financial turmoil in China, with interbank loan rates spiking to double digits within days, provides further confirmation that the world’s second-largest economy is headed for a hard landing. So, what impact will the coming era of financial deleveraging and falling growth rates have on Chinese politics?
2013-07-06
China and Switzerland today signed a free trade agreement in Beijing, capping over-two-year-long negotiations and legal processes.
2013-07-06
China Securities Regulatory Commission posted on its website on July 5 that it has agreed for China Financial Futures Exchange to relaunch government bond futures. Trading will begin in two months if all preparation work goes smoothly. The relaunch comes 18 years after the Chinese securities regulator shut down the government bond futures market in […]
Visit ChinaMoneyNetwork.com for more great China Money Podcast audio and video Internet episodes covering important investment news and financial events in China, as well as daily news updates on important China business news happenings. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.
2013-07-06
US Stocks ended with a surge yesterday after traders decided that a healthy job market mattered more than the Federal Reserve scaling back its economic stimulus.
2013-07-06
THE price of oil marched higher yesterday with a positive report on US hiring and ongoing concerns about the crisis in Egypt.
2013-07-06
China Investment Corp. says that China's State Council has decided to name Ding Xuedong as the sovereign wealth fund's new chairman and chief executive officer. Ding was born in 1960 and holds a Ph.D. in economics from the Research Institute for Fiscal Science, Ministry of Finance. Previously, Ding served as deputy secretary general of the […]
Visit ChinaMoneyNetwork.com for more great China Money Podcast audio and video Internet episodes covering important investment news and financial events in China, as well as daily news updates on important China business news happenings. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.
2013-07-06
CHINA has spelled out plans for a sweeping reform of its financial sectors as it works out ways for an efficient economic restructuring and upgrade.
2013-07-06
Shanghai Futures Exchange Chairman Yang Maijun rings a gong to mark the start of after-hours trading for gold and silver contracts at the bourse last night. Night trading commences at 9pm daily from Monday to Friday and ends at 2:30am the next day. Yan…
2013-07-06
Foreign companies have profited handsomely from a series of scares, but now regulatory scrutiny is intensifying they are moving to moderate prices
2013-07-06
Tetra Pak is latest multinational to be targeted by Chinese regulators, with three probes involving foreign companies being unveiled within one week
2013-07-06
CHINA'S passenger car sales maintained their double-digit growth in June. Deliveries of sedans, sport-utility vehicles, multi-purpose vehicles grew at a moderate pace of 12.3 percent from a year earlier last month, compared with 13.4 percent in May, to…
2013-07-06
TOTAL premium income of Shanghai's insurance sector fell in the first half of this year due to weaker market demand, tight liquidity and poor investment returns, the Shanghai branch of the Chinese Insurance Regulatory Commission said yesterday. Premium…
2013-07-06
CHINA is investigating global packaging giant Tetra Pak for "abusing" its dominant market role, following earlier probes into milk powder producers and drugmakers.
2013-07-06
ASSETS under management in China's mutual fund industry shrank in the first six months of 2013 due to the slump in the country's stock market in June when the worst liquidity crunch in a decade emerged, an industry report showed yesterday. The total AU…
2013-07-06
PUMPS rates will be down less than 1 percent in Shanghai starting today.
2013-07-06
SHANGHAI stocks ticked up yesterday as homebuilders soared on reports that China may lift the financing barrier on the real estate sector.
2013-07-06
CHINA Rongsheng Heavy Industries Group Holdings Ltd, the nation's largest private shipbuilder, is "actively" seeking government financial support after cutting jobs amid an industry downturn.
2013-07-06
CHINA has offered a quota for its solar panel exports to the European Union.