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FTSE inclusion to trigger inflow of $10b into Chinese stock market

China will achieve its goal of long-term capital dominating the A-share market, a government official said on Thursday.
Source: Global Times | 2018/9/27 23:03:40

Property rights transactions rise

China's property rights exchange market has been growing fast in recent years, with total transactions reaching at least 20 trillion yuan ($2.9 trillion) between 2013 and 2017, according to industry data.
Source: Global Times - Xinhua | 2018/9/27 21:53:44

Banking sector stable: report

The outlook for the Chinese banking system is expected to remain stable over the next 18 months, with the operating environment, asset quality and capitalization to be unchanged, according to a report on Thursday.
Source: Global Times - Xinhua | 2018/9/27 21:53:43

Turkey woos Chinese visitors

Turkey is making all efforts to draw more Chinese tourists as it is trying to develop new markets, the country's minister of culture and tourism Mehmet Nuri Ersoy said on Wednesday.
Source: Global Times - Xinhua | 2018/9/27 21:53:42

China to introduce more measures to facilitate foreign investment

The Chinese government will roll out more measures to facilitate the delivery of major foreign-invested projects, lower tariffs on some imported goods and streamline customs clearance procedures at a faster pace, as was decided at the State Council executive meeting presided over by Premier Li Keqiang on Wednesday.
Source: Xinhua | 2018/9/27 9:59:55

FTSE inclusion could herald rising trend for A shares: analysts

China's stock market rebounded on Wednesday, which experts said was mostly due to market expectations that FTSE Russell will soon include A shares in its indexes. MSCI Inc has also said it might increase the weighting of A shares in some of its indexes.
Source: Global Times | 2018/9/26 22:53:40

China's opening-up pledge leads to tariff cuts, offers foreign firms incentives

The State Council, China's cabinet, announced Wednesday that the government will further cut import tariffs effective November 1, a move that shows China's adherence to further opening-up, said experts.
Source: Global Times | 2018/9/26 22:38:40

Airlines cut China-US flights amid trade tensions

At lease six China-US flights have been suspended since last October, including four serving China's first-tier cities, since the US started a trade war with China.
Source: Global Times | 2018/9/26 22:18:42

PBC continues to drain liquidity

China's central bank drained 40 billion yuan ($5.8 billion) from the financial system on Wednesday, with the volume of maturing securities exceeding new monetary injections.
Source: Xinhua-Global Times | 2018/9/26 19:43:41

Service trade deficit expands in August

China continued to see a deficit in foreign service trade in August with the volume enlarged, data from the State Administration of Foreign Exchange (SAFE) showed on Wednesday.
Source: Xinhua-Global Times | 2018/9/26 19:38:39

A shares rebound upon positive external and domestic news

A shares rebounded strongly on Wednesday morning as accumulating positive news bring confidence back to the long sluggish stock markets.
Source: Global Times | 2018/9/26 14:03:39

Home sales decline

Home sales in major Chinese cities declined sharply during the three-day Mid-Autumn Festival holiday as regulations continued to rein in the overheating real estate market, according to industry data released on Tuesday.
Source: Global Times - Xinhua | 2018/9/25 22:23:41

Chinese shoppers get pickier in a clear sign of consumption upgrade

Chinese consumers opted for high quality and diverse choices even as prices stayed stable during the Mid-Autumn Festival holiday, which shows that domestic demand still has huge potential and talk of a “consumption downgrade” is inaccurate, analysts said.
Source: Global Times | 2018/9/25 22:18:41

WGC's China Chapter will boost gold sector: analysts

The new China Chapter being established by the World Gold Council (WGC) will bolster internationalization of the domestic gold market and offer more opportunities for Chinese gold enterprises to go global, said industry analysts.
Source: Global Times | 2018/9/25 22:18:39

Spotlight: Larger presence of China in World Gold Council boosts confidence for market prospect

Mining industry insiders were celebrating over the announcement that the world's most populous country had earned more respect at the table with the world's premier gold producers and investors.
Source: Global Times | 2018/9/25 20:34:08

Oil prices surge after OPEC decision

Oil prices posted solid gains on Monday as major oil producers declined to commit to an additional increase in crude output to address expected supply disruptions over the weekend.
Source: Xinhua | 2018/9/25 8:53:26

Home devices hit by tariffs, US consumers will bear the costs

A proposal from South China's Guangdong Province to end the housing pre-sale system is fairly likely to be approved, and it will reduce the sector's risk caused by high leverage, as well as improve market equity and transparency, said an analyst on Monday.
Source: Reuters | 2018/9/24 22:18:39

SF Express, China Aerospace test drone for delivery sector

Two Chinese companies have conducted flight test of a jointly developed drone that could be used in deliveries, as part of efforts by the country's booming logistics sector to adopt high technology.
Source: Global Times | 2018/9/24 22:13:40