EghtesadOnline: When Liu He takes to the lectern in Davos on Wednesday, the Harvard-educated technocrat will move further into the spotlight that’s been aimed at him since his elevation to China’s top political body last year.
EghtesadOnline: By adding “Xi Jinping Thought” to its constitution, the Communist Party of China has signaled that it will put environmental protection and other quality-of-life issues on more equal footing with its historical emphasis on growth.
EghtesadOnline: China’s economy will likely grow 6.8 percent in 2017, topping the state target and accelerating for the first time in seven years, a Reuters poll showed, as Beijing walks a tightrope by containing debt and property risks without stunting economic growth.
EghtesadOnline: China’s official factory gauge rebounded, suggesting the economy may remain robust enough to offer policy makers more room to continue curbing financial risks.
EghtesadOnline: The earliest gauges of how China’s economy has fared this month show diverging sentiment among businesses, though the outlook is underpinned by expectations that the expansion will remain broadly steady.
EghtesadOnline: Earnings growth for China’s industrial firms cooled in July after accelerating for three straight months, reinforcing expectations the economy will slow over coming quarters as higher lending costs and property market curbs bite.
EghtesadOnline: The U.S. said it will combat the “distortions” to the world economy created by China’s economic system, especially in markets for steel and aluminum.
EghtesadOnline: The onshore yuan rose for the sixth day in a row, the longest run of gains since 2015, boosted by a stronger central bank fixing and data showing China’s economy held up in the second quarter.
EghtesadOnline: China's economy generally remained on solid footing in May, but tighter monetary policy, a cooling housing market and slowing investment reinforced views that it will gradually lose momentum in coming months.
EghtesadOnline: JPMorgan Chase & Co.’s Chief Executive Officer Jamie Dimon said China has made “huge progress” on market reforms and he would like to increase his firm’s businesses in the nation.