BUSINESS >> Markets

'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

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

Yiwu introduces new rules to welcome foreigners

The city of Yiwu, a marketplace for small commodities in east China's Zhejiang Province, introduced a series of new rules Friday to welcome more foreigners.
Source: Xinhua | 2018/10/13 10:46:34

Import expo signals China's commitment to free trade, multilateralism, says expert

The upcoming China International Import Expo (CIIE) is a clear signal of the country's commitment to unfettered free trade and multilateral mechanisms, said Argentine political observer Patricio Giusto.
Source: Xinhua | 2018/10/13 8:16:57

Valuation of China's yuan decided by the market say analysts

The value of China's yuan is decided by the market and will not purposefully be devalued to fight a trade war with the US, analysts said on Friday.
Source: Global Times | 2018/10/12 23:28:40

China releases depositary receipt rules for Shanghai-London stock connect

The China Securities Regulatory Commission (CSRC) on Friday issued trial rules on depositary receipt business in the Shanghai-London stock connect program after seeking public comment for more than a month.
Source: Xinhua | 2018/10/12 21:11:32

U.S. stocks extend losses amid data, rates

U.S. stocks extended deep losses in volatile trading on Thursday, a day after three major indices plunged more than 3 percent amid fears for rising interest rates and a sell-off in tech shares.
Source: Xinhua | 2018/10/12 9:31:46

Indian markets close lower

Indian markets closed lower Thursday as benchmark indices were trading under pressure in the final hour of trade. All the sectoral indices were trading in the red.
Source: Xinhua | 2018/10/12 0:46:06

A shares react to US sell-off

Chinese mainland stock markets took a nosedive Thursday with nearly 1,000 stocks slumping by the trading limit, triggered by an overnight rout on Wall Street.
Source: Global Times | 2018/10/11 22:53:42

Tighter US investment rules to help China: analysts

Tightened rules on investment in the US in so-called sensitive sectors, potentially targeting Chinese merger and acquisition deals (M&A), might have a silver lining in terms of boosting China's domestic capacity in such areas, experts said on Thursday.
Source: Global Times | 2018/10/11 22:43:42

Tool producer to build factory in Vietnam

Tool manufacturer Hangzhou Great Star Industrial Co announced on Wednesday night that it would set up a manufacturing base in Vietnam as part of the company's overseas push and to prepare for uncertainties amid rising trade friction.
Source: Global Times | 2018/10/11 22:38:40

PetroChina plans to open first Indian office in Mumbai: sources

China's top oil and gas producer PetroChina is preparing to open its first South Asia office in India to scout for business opportunities in oil and liquefied natural gas, Reuters reported, citing three industry sources.
Source: Reuters-Global Times | 2018/10/11 19:43:41

Asia shares nose dive to 19-month lows

Share markets in Asia plunged to a 19-month low on Thursday after Wall Street's worst losses in eight months led to broader risk aversion, a rise in market volatility gauges and concerns over overvalued stock markets in an environment of rapidly rising dollar yields.
Source: Reuters-Global Times | 2018/10/11 19:43:41

US-China trade war to cripple World growth

International Monetary Fund (IMF) Managing Director Christine Lagarde warned countries against engaging in both trade and currency wars, saying these would hurt global growth and imperil “innocent bystanders” on Thursday.
Source: Reuters-Global Times | 2018/10/11 19:43:40