BIZ

Era of easy money ending in China


Monetary policy will probably get tighter this year in China, but experts said that a liquidity crunch is unlikely in the world’s second-largest economy.


More countries suspend Brazilian meat imports following scandal

Several countries have announced a temporary suspension of Brazilian meat imports, following a scandal involving adulterated meat, the governmental news agency Agencia Brasil said on Thursday.
Source: Xinhua | 2017/3/24 17:37:27

Vice Premier: China to firmly promote economic globalization

Chinese Vice Premier Zhang Gaoli highlighted economic globalization on Friday while meeting with entrepreneurs attending the Boao Forum for Asia (BFA).
Source: Xinhua | 2017/3/24 17:36:16

Beijing launches new regulations to cool real estate market

A number of measures were launched on Friday by the People's Bank of China (PBC) Operations Office in Beijing along with other institutions to cool the overheating real estate market in Beijing.
Source: Globaltimes.cn | 2017/3/24 14:33:24

Central bank skips open market operations as liquidity improves

China's central bank skipped open market operations on Friday after days of cash injections as market liquidity conditions improved.
Source: Xinhua | 2017/3/24 14:17:45

Chinese buyers shift interest in Canadian property due to tax

Fewer Chinese prospective buyers are considering Vancouver properties in the Canadian province of British Columbia (B.C.), following its implementation eight months ago of a 15-percent tax on foreign residential real estate buyers.
Source: Xinhua | 2017/3/24 11:06:02

Free trade agreement with China a boon for Australian businesses, families

When Bernard Wright retired from his position of clerk, the most senior official in the House of Representatives, four years ago, he began to run a family farm 140 km north of Canberra.
Source: Xinhua | 2017/3/24 11:05:27

Internet firms strive to grow given sluggish capital market

Domestic Internet companies have growth potential despite the sluggish capital market, and chances for advancement exist as the Internet brings changes to many traditional industries, an entrepreneur said.
Source: Global Times | 2017/3/24 11:01:59

China tightens housing loan rules to cool Beijing's property market

China's central bank announced tightened housing mortgage rules on Friday to curb speculative purchases in Beijing's property market and control credit risk.
Source: Xinhua | 2017/3/24 9:48:02

China urges Brazil to ensure meat safety

China on Thursday urged Brazil to take measures to ensure the quality of its meat products following a tainted meat scandal there.
Source: Xinhua | 2017/3/24 8:28:27

China to further ease restrictions for foreign investment

China's Ministry of Commerce said Thursday that the country will continue to relax restrictions to encourage foreign investment.
Source: Xinhua | 2017/3/24 8:26:58

Trade surplus among benefits from a free trade ride China offers

Chinese Premier Li Keqiang's official visits to Australia and New Zealand are drawing global attention, particularly as the two countries hold striking trade surpluses with China.
Source: Xinhua | 2017/3/24 8:25:38

AIIB expands membership

The Asian Infrastructure Investment Bank (AIIB) announced Thursday its board of governors had approved 13 applications to join the bank.
Source: Xinhua | 2017/3/24 8:22:22

Finland's 2nd largest telecom operator changes name from Sonera to Telia

The name of Finland's second largest telecom operator Sonera was changed to Telia on Thursday, Finnish national broadcaster Yle reported.
Source: Xinhua | 2017/3/24 8:16:38