It’s a chilly weekday morning and Beijing’s Zhongguancun Entrepreneurial Avenue is quiet. The transformation of this once sizzling area has led many to ask whether the subdued street hints at a larger picture.
Jan 072016
Jan 072016
Northern Chinese province Hebei, which surrounds the capital Beijing and costal city Tianjin, has initiated a 10 billion yuan (1.53 billion U.S. dollars) fund to support infrastructure construction in the region, the provincial fiscal authorities said on Wednesday.
Jan 072016
China’s central bank is capable of keeping the yuan “basically stable at a reasonable equilibrium level” in spite of “speculating forces,” according to an editorial on the bank’s website Thursday.
Jan 072016
The continued depreciation of the yuan against the U.S. dollar since August should not be grounds for doom and gloom, as a multitude of factors underpin the Chinese currency in the medium and long term.
Jan 072016
China is setting its sights on more efficient and robust cross-border e-commerce to boost its sluggish foreign trade.
Jan 072016
U.S. Federal Reserve vice chairman Stanley Fischer said Wednesday that financial markets are underestimating how fast the central bank will increase interest rates this year.
Jan 062016
China’s commerce regulator launched a further probe into Microsoft’s alleged anti-monopoly case on Tuesday, showing the country’s latest effort to enforce its Anti-Monopoly Law.
Jan 052016
One change will certainly be deeply felt in China’s economy in 2016 and more time come: supply-side structural reform.
Jan 042016
Shares of Dubai’s biggest developer Emaar Properties closed 1.50 percent lower on the first trading day of the 2016, following a blaze on December 31.
Dec 292015
Oil prices declined Monday as market continued to be plagued by an oversupply of crude oil in global markets.