BUSINESS >> Economy

Heart over head, retail investors rush into bonds

When the major port and industrial hub of Ningbo in East China's Zhejiang Province sold China's first local government bonds to retail investors in March, an amount of $43 million was snapped up in just five hours.
Source: Reuters-Global Times | 2019/4/7 17:42:09

Foreign institutions continue to purchase Chinese bonds in March

Overseas institutions continued to buy Chinese bonds in March, according to data from the country's only authorized general China government bond depository.
Source: Xinhua-Global Times | 2019/4/7 17:42:04

China's export container shipping index declines in March

China's container transport for export purposes contracted last month due to the lack of demand, according to the Shanghai Shipping Exchange.
Source: Xinhua | 2019/4/7 17:08:36

China's P2P lending expected to shrink as regulation tightens: report

China's peer-to-peer (P2P) lending industry will continue to shrink and consolidate due to tighter regulation and weak investor sentiment, Fitch Ratings said in a report.
Source: Xinhua | 2019/4/7 15:36:00

Social credit to become 'second ID, invisible resume' for Chinese people

China is set to release an updated version of its personal credit report as part of the country's broader efforts in strengthening its social credit system.
Source: Global Times | 2019/4/7 15:07:19

China sees approved QFII quota up in March

China's dollar-denominated Qualified Foreign Institutional Investors (QFII) program saw its approved quota continue to rise in March, according to the country's forex regulator.
Source: Xinhua | 2019/4/7 14:00:03

World Economic Forum kicks off in Jordan

The World Economic Forum (WEF) on the Middle East and North Africa 2019 kicked off on Saturday in Jordan with more than 1,000 participants from more than 50 countries.
Source: Xinhua | 2019/4/7 11:16:35

BRI-related economic, trade cooperation zones create 300,000 local jobs

The overseas economic and trade cooperation zones China has built in 24 countries participating in the Belt and Road Initiative (BRI) have created about 300,000 local jobs, according to the country's top economic planner.
Source: Xinhua | 2019/4/6 22:51:55

China, US smoothly conclude 9th round of high-level trade talks

China and the United States concluded here the ninth round of high-level economic and trade talks which ran from Wednesday to Friday.
Source: Xinhua | 2019/4/6 22:17:19

New progress made in latest China-U.S. trade talks: Xinhua

China and the United States have made new progress during the ninth round of high-level economic and trade talks, according to Xinhua News Agency.
Source: CGTN | 2019/4/6 21:54:17

Oil prices rise amid bullish job data, lower U.S. output forecast

Oil prices rallied on Friday, amid strong U.S. employment data, easing worries over weakening oil demand due to potential economic slowdown.
Source: Xinhua | 2019/4/6 20:07:19

World Bank cuts Russian 2019 GDP growth forecast over lower oil prices

The World Bank on Friday trimmed its forecast for Russia's GDP growth this year to 1.4 percent from the previous 1.5 percent.
Source: Xinhua | 2019/4/6 20:05:14

Imports rise as China opens market wider

In a trading center in southwest China's Chongqing Municipality, ginseng produced in Wisconsin in the United States attracts a huge number of buyers.
Source: Xinhua | 2019/4/6 19:18:49

Overseas institutions racing into Chinese bonds market

Overseas institutions are racing into the Chinese bonds market lured by the country's continuous opening-up and steady economic growth.
Source: Xinhua | 2019/4/6 19:16:37

China, CEEC see steady trade growth

China and Central and Eastern European Countries (CEEC) saw steady trade growth last year as cooperation between the two sides strengthened.
Source: Xinhua | 2019/4/6 19:15:53

US trade organizations urge Trump not to impose auto tariffs

Eight US trade organizations have urged President Donald Trump not to impose import tariffs on cars and car parts, saying an investigation that could potentially legitimize the duties "poses serious economic threat" to US economy and the wellbeing of its auto industry.
Source: Xinhua | 2019/4/6 10:05:37

Trump urges Fed to cut interest rates to boost US economy

US President Donald Trump said on Friday that the Federal Reserve (Fed) should lower interest rates and pursue "quantitative easing" policy in order to boost the US economy.
Source: Xinhua | 2019/4/6 10:04:21

Japan to send larger delegation to China to hold economic talks

Japanese Prime Minister Shinzo Abe will send a larger delegation than a year ago to hold economic talks with senior Chinese officials, a government representative said Friday.
Source: Xinhua | 2019/4/5 19:06:05