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CHINA'S economy expanded by a more-than-expected 6.9 percent last year, amid the deepening of supply-side reforms, the National Bureau of Statistics said yesterday.
The annual growth of GDP was above
Economists warn that declining birth rate threatens country’s development
China cuts its holdings of US Treasury securities in November, after adding US$8.4 billion in October.
China saw more balanced cross-border capital flow in 2017 as willingness to purchase the greenback waned thanks to rising confidence in the yuan and the domestic economy.
Chinese banks’ net forex settlement
Women in traditional costume toast to celebrate chixiangsi in Rongjiang County, southwest China’s Guizhou Province, yesterday. Chixiangsi is a traditional social activity celebrated by the Dong ethnic group when other ethnic groups living in adjacent villages come to propose a toast. A series of activities is held on this day including singing traditional songs and giving each other gifts. The day is also important for young people, as boys often court girls on this day.
HNA Group Chairman Chen Feng has expressed confidence that China’s aviation-to-financial service conglomerate will manage its cash crunch, and continue to receive support from banks and other financial
PPDai, China’s first online P2P (peer-to-peer) lending platform listed in the US market, said yesterday that it will invest 1 billion yuan (US$156 million) within three years to set up
Shanghai shares rose to a two-year high yesterday when Hong Kong stocks climbed to a fresh record as investors tracked another milestone on Wall Street, but Asia-wide markets struggled to keep up the recent
Sony Corp expects its business in China to grow strongly this year amid a market of 230 million middle-class consumers who are upgrading their consumption patterns, the company’s China president said
Housing markets in China’s 15 major cities were generally stable for another month in December as differentiated rein-in policies to curb speculation continued to take effect, data released yesterday by
January 19, 2018 12:37 AMHONG KONG (AFP) - The former CIA agent arrested in the United States earlier this week on suspicion of helping Chinese spies was a security guard at Christie's in Hong Kong, the auction house said Thursday (Jan 18).
China yesterday criticized recent moves by the United States listing some Chinese trading areas as “notorious markets” for fake products and targeting Chinese telecoms equipment, saying Washington lacks
The mating calls of a female snow leopard are causing concerns for staff at a wildlife rehabilitation center in northwestern China.
Beijing’s new international airport will start test operations in October 2019. Engineering projects are set to be finished by July 2019 and tests will start three months later, according to contractor Beijing Construction Engineering Group. The airport, located 46 kilometers south of downtown Beijing, is designed to take pressure off the overcrowded Beijing Capital International Airport, located in the northeastern suburbs. Airport terminal buildings, covering an area of 313,000 square meters, will comprise a centerpiece and five arms resembling a phoenix spreading out its wings. It will have four runways and accommodate 620,000 flights per year.
China’s economy expanded by a more-than-expected 6.9 percent last year, amid the deepening of supply-side reforms, the National Bureau of Statistics said yesterday.
POLICE in Macau are hunting for a dealer suspected of stealing HK$48 million (US$6 million) worth of casino chips from Wynn Macau, authorities in the Chinese special administrative region said yesterday.
About a year ago, a man surnamed Song, a programmer in Shenzhen, received a mysterious call and lost 280,000 yuan (US$43,460) via Alipay, one of China’s most popular online payment platforms.
CHINA’S economy is likely to experience stable growth this year, although continuing deleveraging efforts, regulatory tightening and subsequent liquidity concerns are the key challenges, says investment
China’s per capita disposable income stood at 25,974 yuan (US$4,033) in 2017, up 7.3 percent year-on-year in real terms, official data showed yesterday.
The increase was 1 percentage point faster than
FLORENCE, Italy (Reuters) - Italy ordered the arrest of 33 people on Thursday on suspicion of running a Chinese mafia group involved in gambling, prostitution, and drugs and which dominated the transport of Chinese goods across Europe.
January 18, 2018 11:01 PMTOKYO - While the North Korean threat loomed large, a meeting by the prime ministers of Japan and Australia in Tokyo on Thursday (Jan 18) bore the undercurrents of China's growing sphere of influence and doubts over the United States' commitment in the region.
NEW DELHI (Reuters) - The head of the U.S. military's Pacific command called China a disruptive power in the Indo-Pacific region on Thursday and urged countries in the area to build capabilities and work together to ensure free and open seas.
PARIS (Reuters) - U.S. President Donald Trump's record on human rights in his first year in office has been a "disaster" and has encouraged oppression by authoritarian leaders from China to Russia, the head of Human Rights Watch said in an interview on Wednesday.
China’s economic growth accelerated for the first time in seven years last year, reaching 6.9% on rising demand. But the expansion’s key drivers, from investment to consumption, appear to be weakening.
The successful trial of a long-range rocket capable of transporting nuclear weapons puts major cities like Shanghai within reach.
Hong Kong's most famous pro-democracy activist is heading back to prison.
An oil spill from an Iranian oil tanker that sank in the East China Sea is now the size of Paris.
Despite a raft of policies aimed at slowing the economy, cutting debt and easing pollution, China's GDP last year easily beating the official growth target for the year.
Police say the group was controlling the transport of Chinese-made goods across Europe.
January 18, 2018 6:12 PMNEW DELHI - India successfully test-fired an intercontinental ballistic missile (ICBM) on Thursday (Jan 18) that puts all of China within striking distance, the country's Defence Ministry said in a tweet.
LONDON (Reuters) - Strong Chinese data on Thursday kept world stocks hovering near record highs, as bond markets pushed U.S. Treasury yields - the benchmark for global borrowing costs - to a 10-month high.
HONG KONG (Reuters) - A young protest leader calling for Hong Kong's independence from China appeared in court on the rare charge of rioting on Thursday as two co-defendants failed to show up, the latest case highlighting a new generation of opposition to Chinese rule.
China Money Network’s DealShot provides detailed information on venture capital and private equity deals in China on a daily basis. Here you can find out where Chinese investors have been investing their money in at around 5pm each workday.
DealShot: DCM China, Baidu Ventures Co-Lead $8M In Chinese Industrial Robot Maker Aqrose appeared first on China Money Network.
Such thefts are rare in the Chinese territory but at least one previous case also involved employees.
From infrastructure spending to big profits at firms controlled by the central government, Beijing was more assertive with the economy last year.
System alerts authorities when suspects on watchlist stray from their home or workplaceChinese surveillance chiefs are testing a facial-recognition system that alerts authorities when targets stray more than 300 metres from their home or workplace, as part of a surveillance push that critics say has transformed the country’s western fringes into a high-tech police state.Authorities in Xinjiang, a border region that is home to China’s largely Muslim Uighur minority, have been experimenting with the “alert project” since early 2017, according to Bloomberg. Related: In China's far west the 'perfect police state' is emerging Continue reading...
The figure beats Beijing's official growth target of about 6.5%, though some question China's GDP data.
January 18, 2018 3:45 PMKUALA LUMPUR (REUTERS) - A giant panda cub has been born in a Malaysian zoo, the second offspring of a pair of giant pandas on loan from China.
January 18, 2018 3:16 PMBEIJING (AFP) - China's economy grew a forecast-beating 6.9 per cent in 2017, picking up steam for the first time since 2010, official data showed Thursday (Jan 18).
The country reported higher annual growth, but implausibly smooth numbers prompt experts to look for other ways to assess the world’s No. 2 economy.
GDP growth accelerates, despite efforts to curb financial risk from excessive debt
National Bureau of Statistics of China
18 January, 2018
In 2017, under the strong leadership of the CPC Central Committee with Comrade Xi Jinping as the core, all regions and departments implemented the decisions and arrangements made by the CPC Central Committee and the State Council, ad...
Sales Price Indices of Newly Constructed Commercial Residential Buildings in 15 First-tier Cities and Hot Second-tier Cities
CitiesPrice Indices of Newly Constructed Commercial Residential Buildings
(Y/Y)Price Indices of Newly Constructed Commercial Residential Buildings
January 18, 2018 2:43 PMMOSCOW (Reuters) - Russia has started delivering its S-400 surface-to-air missile system to China under the terms of a contract signed in 2014, the TASS news agency cited an unnamed source in the Russian military-industrial complex as saying on Thursday (Jan 18).
MOSCOW (Reuters) - Russia has started delivering its S-400 surface-to-air missile system to China under the terms of a contract signed in 2014, the TASS news agency cited an unnamed source in the Russian military-industrial complex as saying on Thursday.
China’s direct investment in the United States dropped by 35% in 2017 to US$29 billion in completed deals, and the value of newly announced Chinese acquisitions in the U.S. dropped by 90% compared to 2016, due to regulatory hurdles from both countries, according to a report by Rhodium Group, a research consultancy based in New York. Rhodium Group recorded 141 Chinese direct investment transactions in the U.S. worth US$29 billion in 2017, representing a 35% drop compared to a record 2016. …
China’s Direct Investment In US Drops 35% With Value Of New Acquisitions Reduced By 90% In 2017 Due To Regulatory Hurdles appeared first on China Money Network.
Approval for US falls to 30% from 48% under Obama‘Historic low’ of Gallup poll ‘sets a new bar for disapproval’Global confidence in US leadership has fallen to a new low, and the country now ranks below China in worldwide approval ratings, according to a new Gallup poll.The survey of opinion in 134 countries showed a record collapse in approval for the US role in the world, from 48% under Obama to 30% after one year of Donald Trump – the lowest level Gallup has recorded since beginning its global leadership poll over a decade ago. Related: Rex Tillerson: 'America first' means divorcing our policy from our values Related: 'There's no other word but racist': Trump's global rebuke for 'shithole' remark Continue reading...
Chinese state-owned semiconductor manufacturing supplier Naura Microelectronics Equipment Co., Ltd announced that it had completed a US$15 million acquisition of U.S. company Akrion Systems LLC, a supplier of surface preparation for solar and semiconductor devices. The deal is said to be the first Chinese acquisition of a U.S. company to be approved by CFIUS under the Trump administration. It is a rare case amid toughened control and a slew of cancelled Chinese acquisitions in the U.S., but the deal’s small size seems …
US Approves Chinese Acquisition Of Semiconductor Manufacturing Equipment Firm Akrion Systems appeared first on China Money Network.
January 18, 2018 1:21 PMSINGAPORE - China Everbright Water has inked a supplemental agreement with the Lingcheng District Government of Dezhou City to upgrade Shandong Dezhou Ling County Waste Water Treatment Project Plant 2.
Satellite imaging shows four large slicks spreading amid concerns for the marine ecosystemOil from an Iranian tanker that sank in the East China Sea has diffused into four separate slicks, covering a combined area of just over 100 square kms (39 square miles), Chinese authorities said late on Wednesday. Earlier satellite imaging showed two large slicks, with the larger one also thicker and more concentrated, but the latest data had found four slicks ranging in size from 48 square kms (19 square miles) to 5.5 square kms (2.1 square miles), the State Oceanic Administration (SOA) said. Related: East China Sea oil tanker disaster: what it means for the environment Continue reading...
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