Chinese direct investment offshore is at the beginning of an exponential take-off, according to a report, with the country’s businesses poised to accumulate between $1,000bn and $2,000bn in assets around the world by 2020. However,…
Category: Economy
China may be experiencing the greatest boom in history, but that doesn’t mean it’s immune from busting.
Economic integration with China is not doing what China hoped and the opposition feared
BEIJING – China’s major cities experienced a rebound in property sales during the recent Labour Day holiday period, while prices relatively remained stable, according to industry statistics on Tuesday. A residential block under construction in…
BEIJING – China has given the green-light for the private placement of bonds, another step towards expanding the role of direct financing in the economy, China’s interbank association has announced. The new rules are aimed…
Some 60 percent of China’s wealthiest are thinking of leaving – and many have already put money away offshore.
Thousands of tourists thronged to the official launch of a duty-free store in Sanya, Hainan Island on Monday, buying out brand name products including L’Oreal, Swatch, Estée Lauder, Chanel, Dior and Lancome. Some customers had…
‘High-speed rail network development set to slow’ China may cut its investment in railway infrastructure this year by more than 200 billion yuan ($31 billion) following an earlier decision to slow down the…
The world’s poor face daunting realities amid worldwide food price spikes, which threaten local economies in the short term and impede long term economic development, an economist with the World Bank has told Xinhua. In…
Selling produce at a loss is best desperate vegetable growers can hope for, Duan Yan in Shandong province and Hu Yongqi in Beijing report. Last year was better for Xu Yuguang, a Shandong farmer. The…