BIZ

CPI rises to seven-month high, indicating reasonable inflation and economic resilience


China's September CPI indicates a “moderate inflation” trend that reflects China's “economic tenacity,” experts told the Global Times on Tuesday.


Case of Daoxiangcun highlights IPR improvements, loopholes: analyst

A legal dispute between two Chinese companies over a trademark for traditional pastries has drawn wide domestic attention and shed light on both the improvements and loopholes in the country's intellectual property protection (IPR) laws and regulations.
Source: Global Times | 2018/10/14 20:43:39

China's top stock regulator seeks to inject confidence in meeting with investors

The top official in charge of China's stock regulatory agency on Sunday sought to inject confidence into the market, hinting that a rebound in Chinese stocks could come soon during a meeting with investors, according to media reports.
Source: Global Times | 2018/10/14 19:53:39

Excavator sales grow 28%

Sales by China's major excavator producers continued to grow in September, but at a milder pace, according to the China Construction Machinery Association.
Source: Xinhua-Global Times | 2018/10/14 19:43:40

NEV sales surge

China's sales and production of new energy vehicles (NEVs) have continued to experience fast growth thanks to government support in the sector, industry data shows.
Source: Xinhua-Global Times | 2018/10/14 19:43:40

Shenzhen to provide support to listed firms

The municipal government of Shenzhen, South China's Guangdong Province, plans to use tens of billions of yuan to provide liquidity support to listed firms and ease pressure of forced liquidations amid a downturn, the Shanghai Securities News reported on Saturday.
Source: Reuters | 2018/10/14 19:43:39

'Taking care of' debt issues of Belt and Road projects: Chinese Vice Finance Minister

China's Vice Finance Minister Zou Jiayi on Saturday acknowledged debt issues with some of the Belt and Road (B&R) projects, saying the government will strengthen macro-supervision on the debt sustainability aspect of its overseas investments.
Source: Reuters-Global Times | 2018/10/14 19:38:40

Plenty of room for adjustments

China central bank governor Yi Gang said on Sunday he still sees plenty of room for adjustment in interest rates and the reserve requirement ratio (RRR), as downside risks from trade tensions with the US remain significant.
Source: Reuters | 2018/10/14 19:38:40

Utah State delegation seeks bonds with China despite trade disputes on federal level

US state-level governments and US' private sector have strong will of continuing to do business with China amid the China-US trade war, officials and business representatives told the Global Times in recent interviews, and they also urged the Trump administration and the Congress to improve economic ties with China instead of escalating tariffs.
Source: Global Times | 2018/10/14 19:23:39

Linking Linyi

Workers are seen at a construction site of Lunan high-speed railway in Linyi, East China's Shandong Province on Sunday. The railway is 494 kilometers long and has attracted investment of more than 70 billion yuan ($10.2 billion). The line is scheduled to open to traffic in late 2019.
Source: VCG | 2018/10/14 18:23:40

Market plays decisive role in exchange rate: Yi Gang

China's central bank governor Yi Gang said China would continue to let the market play a decisive role in establishing its currency exchange rate, refraining from using it as a tool, amid an escalating trade war with the US.
Source: Reuters-Global Times | 2018/10/14 17:58:39

Chinese stocks rebounded following steep declines

Chinese stocks rebounded after steep declines on Thursday, closing higher on Friday with blue-chip stocks leading the rally, and experts expected that government incentives might bring more confidence to the stock market.
Source: Agencies-Global Times | 2018/10/14 17:38:40

China's September soybean imports fall, but ahead of expectations

China's soybean imports fell slightly in September from a year earlier but were ahead of market expectations, boosted by large volumes from Brazil as buyers tried to shore up stocks, customs data showed.
Source: Reuters | 2018/10/14 17:38:39

China's central bank injects liquidity into market in September

China's central bank continued to pump cash into the money market in September to meet demand for liquidity from financial institutions.
Source: Xinhua | 2018/10/14 15:05:44