EghtesadOnline: The People’s Bank of China has surprised many with its tolerance for market pain as it squeezes leverage in parts of the financial system.
EghtesadOnline: Profits earned by Chinese industrial firms rose 14.0 percent in April from a year earlier, official data showed on Saturday, slowing from March's pace and adding to concerns that the world's second-largest economy may be losing steam.
EghtesadOnline: China's structural reforms will slow the pace of its debt build-up but will not be enough to arrest it, and another credit rating cut for the country is possible down the road unless it gets its ballooning credit in check, officials at Moody's said.
EghtesadOnline: China’s official factory gauge declined on lower commodity prices, clouding the outlook for sustaining the past two quarters’ acceleration in economic growth.
EghtesadOnline: Policymakers in China are pushing a bullish message on the world's second-biggest economy after a solid first quarter, pointing to a slow down in capital outflows and a stable yuan after a selloff last year stoked fears of instability.
EghtesadOnline: A recovery in China's industrial sector, which accounts for about one-third of the economy, drove China's better-than-expected first quarter economic growth as export orders picked up and steel output hit a record.
EghtesadOnline: Economist Gan Li and his researchers at Chengdu’s Southwestern University of Finance and Economics are gearing up for their national survey of Chinese households, which begins in early July. The aim of the biennial census is to measure the wealth of China’s 1.4 billion people—how much they earn, how many apartments they own, and how much land they have and how they use it. Bankers, economic analysts, property developers, and policymakers are eager to see what the survey will reveal.
EghtesadOnline: Chinese central bank governor Zhou Xiaochuan said growth prospects have improved in the world's second-largest economy, but its monetary policy remains prudent and neutral.
EghtesadOnline: China, which has left its 2017 budget deficit target unchanged from last year's goal, should moderately control its budget deficit ratio, Vice Finance Minister Zhu Guangyao said on Sunday.
EghtesadOnline: China’s imports surged from a year earlier, posting the biggest gain in at least two years of yuan-denominated data. Economists said seasonal factors mostly explain the swing.