BUSINESS >> Markets

China's outbound investment sees steady growth in Jan.-July period

China's non-financial outbound direct investment (ODI) continued steady growth in the first seven months of the year, according to official data.
Source: Xinhua | 2018/8/17 22:47:37

Despite slide, experts say it's time for investors to ante up

Investors could start considering upping their ante in the Chinese A-share market even as the market closed the week down nearly 5 percent to land at a historic low, experts said on Friday.
Source: Global Times | 2018/8/17 22:33:40

Stock dips after African swine fever shuts slaughterhouse

The African swine fever (ASF) caused shares of Chinese pork-producing industry to plunge on Thursday but they stabilized on Friday, after China's top pork producer WH Group shut its major slaughterhouse to stop the spread of deadly ASF.
Source: Global Times | 2018/8/17 22:28:40

Five Chinese cities urged to contain housing prices

Government officials in five Chinese cities were asked to step up regulation to contain housing market speculation after house prices in the cities saw rapid rises recently.
Source: Xinhua | 2018/8/17 21:41:04

COMESA pushes for value addition to boost intra-regional trade

The Common Market for Eastern and Southern Africa (COMESA) trading bloc is pushing for value addition in order to boost intra-regional trade, officials said on Friday.
Source: Xinhua | 2018/8/17 21:23:37

California's agricultural trade groups urge US gov't to end tariff standoff

Agricultural trade groups in California Thursday expressed concern over the trade frictions caused by the White House and urged the US government to stop the disputes.
Source: Xinhua | 2018/8/17 20:08:00

Volkswagen to raise annual production at Wolfsburg plant to 1 mln vehicles

Volkswagen will expand vehicle production at its traditional Wolfsburg plant significantly in the coming years, the German carmaker announced on Friday.
Source: Xinhua | 2018/8/17 20:07:12

FDI inflows to mainland expand steadily, ministry says

Foreign direct investment (FDI) into the Chinese mainland rose 2.3 percent year-on-year to 496.7 billion yuan ($71.98 billion) in the first seven months of 2018, official data showed Thursday.
Source: Xinhua | 2018/8/16 22:23:41

Consumption gets boost from Chinese Valentine's Day

Domestic consumption is approaching a mini-climax with the Chinese Valentine's Day on Friday, which shows that consumption power is still strong despite the shadows of the ongoing Sino-US trade dispute.
Source: Global Times | 2018/8/16 22:23:40

PBC resumes reverse repos to maintain liquidity

China's central bank resumed reverse repo operations on Thursday after 19 consecutive trading days of suspension to pump in more liquidity.
Source: Xinhua-Global Times | 2018/8/16 19:58:40

LGFV makes overdue payments after rare bond default

A State-owned asset management firm in Northwest China's Xinjiang Uyghur Autonomous Region has made payments on its bonds after missing the deadline earlier, in what was a very rare bond default by a Chinese local government financing vehicle (LGFV).
Source: Reuters-Global Times | 2018/8/16 18:03:40

Mainland stocks fall for 4th session on weak yuan

Chinese mainland stocks hit a near two-and-half-year low in early trading on Thursday as the yuan's recent fall dampened investor confidence, but news of China-US trade talks for later this month helped recoup some of the losses.
Source: Reuters-Global Times | 2018/8/16 18:03:40

Foreign investors gain more access to A shares

China will allow foreigners to open their securities accounts in the A-share market, with experts calling this a “significant leap” that can introduce more capital to the market as well as help listed firms attract foreign talent.
Source: Global Times | 2018/8/16 18:03:39

China allows foreigners to trade A-shares next month

China has approved regulation amendments, allowing qualified individual foreign investors to open securities accounts to trade A-shares next month.
Source: Xinhua | 2018/8/16 14:55:29

Mainland indexes firm after morning plunge

Two of China's biggest indexes slipped dramatically upon trade opening on Thursday, but firmed as the end of the morning session approached.
Source: Global Times | 2018/8/16 13:58:39

Chinese currency won't be hit by Turkey crisis as much as Indian rupee: analysts

The weakening Turkish lira will not drag on China's currency as much as on those of other emerging economies like India and South Africa, as China maintains strict controls over capital outflows and also has abundant foreign exchange reserves, industry observers said on Wednesday.
Source: Global Times | 2018/8/15 22:33:41

Zhenhua Oil sets up LNG investment, trading arm to meet rising market demand

Zhenhua Oil Corp, a subsidiary of Chinese defense conglomerate NORINCO, has set up a new business unit to invest in liquefied natural gas (LNG) terminals and trade the fuel to help feed the country's thirst for the cleaner-burning substance.
Source: Reuters-Global Times | 2018/8/15 17:48:41

Stocks fall sharply on economic worries

Chinese mainland stocks extended losses on Wednesday in a third straight day of declines, as worries over the country's cooling economy and the yuan's descent to a 15-month low knocked investor confidence.
Source: Reuters-Global Times | 2018/8/15 17:48:40