China Business Blog - Aggregated China Business Blogs
Aggregated China Business Blogs

The author is ANZ greater China chief economist Liu Li-Gang The People's Bank of China (PBoC) announced tonight that it would conduct a 0.5% reserve requirement ratio (RRR) cut to the commercial banks which lend to the agriculture sector and the small and medium enterprises, effective from 16 June 2014. The central bank said that […]

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Hangzhou-based Chinese female e-commerce platform Mogujie says it has raised US$200 million in series D financing, the company announced on its official Weibo account. Hopu Investment Management Co. and TBP Capital led the round. Existing investors Qiming Venture Partners, IDG Capital Partners and Banyan Capital also participated. The latest round valued the company at US$1 […]

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The China Securities Regulatory Commission (CSRC) has approved another 10 initial public offering applications, rekindling hopes that the Chinese IPO market will resume new listings after a short reopening earlier this year, according to the Chinese securities regulator's Weibo account. The approved issuers will decide IPO dates and release prospectuses next. Based on the pace […]

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PBoC’s move suggests industrial production, fixed-asset investment and inflation data due out this week will show further softening in second quarter

The People's Bank of China says today that certain qualifying Chinese banks' reserve requirement ratios will be reduced by 0.5%, effective June 16, according to an announcement by the Chinese central bank. The policy initiatives apply to Chinese commercial banks that issued more than 50% of new loans to the agriculture sector, or to the […]

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A subsidiary of Chinese life science company BGI has received RMB2 billion (US$320 million) investment from several unnamed Chinese institutional investors, according to Chinese media reports. These investors are to acquire a 20% stake in subsidiary BGI Shenzhen, whose main business is noninvasive prenatal testing, at a valuation of around RMB10 billion (US$1.6 billion). The […]

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The latest leader in the country’s worker movement to receive lenient treatment says he is now considering next steps with his legal team

Emerging powers’ reactions to the Ukraine crisis show that what happens in Europe no longer defines world politics, even when a major conflict is brewing there. But, though many view this crisis as being largely about Europe’s inability to resolve its own regional disputes, a peaceful outcome could bolster Europe’s global influence.

The government, under pressure to find care home places for its ageing population, is looking to the mainland to find the space it does not have

The newly announced Shanghai-Hong Kong Stock Connect program is likely to progress fairly rapidly, which will benefit certain sectors in China's A-shares market that are not available to overseas investors, such as defense, some strategic industries and service sectors, according to a new report by BofA Merrill Lynch Global Research. The bank says that financial […]

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The author is Fitch Ratings Inc. Most banks outside Asia have a small direct exposure to China, so a slowdown in China would have only a limited direct risk for them. However, they may be still vulnerable to any secondary effects from slower Chinese growth. Asian banks' exposure to China has been rising. International banks' […]

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The “brain drain” that has afflicted developing countries for decades is now going into reverse in some countries. But success requires more than plugging a leak; economic development requires countries to make active efforts to attract talent.

China’s export data should offer a much clearer picture of trade fundamentals in the coming months, because last year's heavy over-invoicing activity has effectively faded. Leading indicators from the U.S. and Europe suggest that China's export growth remains on track to meet 7.5% this year, according to a new report by China economist at UBS […]

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China’s foreign trade reached US$355.0 billion in May, up 3% compared with a year before, according to data released by China's General Administration of Customs. Exports rose 7% year-on-year to US$195.5 billion, while imports unexpectedly dropped by 1.6% to US$159.6, raising concerns over domestic demand. The trade surplus was US$35.9 billion, higher than April’s US$18.5 billion. […]

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