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Finance & Economy

China's Nov Industrial Profits Suffer Sharpest Fall in 27 Months

Chinese industrial profits dropped 4.2% in November to 676.12-billion yuan ($108.85-billion), official data showed on Saturday, the biggest annual decline since August 2012 as the economy hit major unexpected headwinds in the second half.

Tuesday, December 30, 2014

China Removes 3% Duty on Australian Coking Coal Imports after FTA Inked

Australian coking coal producers have regained their competitive advantage after a Free Trade Agreement inked between China and Australia in Brisbane on the afternoon of Nov 17th saw the immediate removal of the 3% duty on coking coal imports.

Tuesday, November 18, 2014

APEC Leaders Seek Free Trade Progress at Annual Summit

Asia-Pacific leaders gather on Tuesday (Nov 11) for the climax of their annual summit with region-wide free trade the key focus as they try to narrow differing views on how to achieve it.

Tuesday, November 11, 2014

Chinese President Says Risks to Economy 'Not That Scary'

President Xi Jinping on Sunday (Oct 9th) shrugged off worries over the risks Chinese economy is facing, saying that the risks are "not that scary."

Tuesday, November 11, 2014

China, Russia Sign Energy Agreements to Boost Ties

China and Russia signed agreements on Sunday to boost energy cooperation, including a memorandum of understanding (MOU) to develop a second route to supply China with Russian natural gas.

Monday, November 10, 2014

China official service PMI falls to 9-month low

Activity in China's service sectors continued to moderate in October, with the purchasing managers' index (PMI) for non-manufacturing sector sliding to its lowest print since January, an official survey showed on Nov 3rd.

Monday, November 3, 2014

Industrial Output to See Stable Expansion in Q4

Workers of Commercial Aircraft Corporation of China Ltd assemble parts of a C919 aircraft in Shanghai. China's high-tech manufacturing sector is growing faster than the overall pace of manufacturing this year.

Monday, November 3, 2014

China Enters Slow-growth Era

China is slowing. It grew by 7.3 percent in the third quarter, the weakest quarterly growth for 66 months, according to the National Bureau of Statistics.

Wednesday, October 29, 2014