The government has finally issued guidelines to regulate China’s internet finance industry, but the devil may lie in the yet-to-come details.
One of many economic indicators, China’s imports continue to inch up, but only just.
With the Made in China 2025 plan, the government is trying to give the manufacturing sector a major boost. A look at the sectors that will get a fillip.
CKGSB’s Business Sentiment Index shows that China’s industrial economy has finally stabilized after a year of contraction.
This week, trading on the Shanghai Stock Exchange exceeded RMB 1 trillion causing a major software glitch; China’s factory activity slowed (again); and Visa and MasterCard finally got a level playing field.
Changing the Chinese social structure may save the country from the proverbial ‘middle-income trap’, says Salvatore Babones, an expert on China’s political economy.
The first quarter Chinese GDP growth may fall below the 7% target and the US has softened its stance on the Asian Infrastructure Investment Bank.
This week, various economic indicators released on the Chinese economy showed slower growth and Alibaba invested in Snapchat
This week, Premier Li Keqiang lowered the China GDP growth target to 7% from 7.5% last year; US President Barack Obama voiced concerns over China’s proposed anti-terrorism law because of its likely impact on US technology companies; and Xiaomi entered GoPro territory.
Is there a quick fix for the Chinese economy? China’s industrial sector is still struggling against strong headwinds, but sentiment among firms is improving as the severity of overcapacity eases, a recent survey on more than 2,000 industrial firms shows. According to the survey, done by the Center on Finance and Economic Growth at Cheung […]