China’s Purchasing Manager Index for its services sector dropped to 57.0 in June from 61.9 in May, the China Federation of Logistics and Purchasing (CFLP) said on Sunday. The index suggested China’s services sector has…
Category: Economy
Today is another first: China opened the world’s longest sea bridge, the Jiaozhou Bay bridge in Shandong province: The Jiaozhou Bay bridge is 42 kilometers long and links China’s eastern port city of Qingdao to…
Oil dipped below US$95 (S$116.50) per barrel on Friday after China reported manufacturing rose at the slowest pace in over two years in June, pointing to a possible slowdown in energy demand. Benchmark crude for…
China’s monopoly over rare-earth metals could be challenged by the discovery of massive deposits of these hi-tech minerals in mud on the Pacific floor, a study on Sunday suggests. China accounts for 97 per cent…
China is playing a positive role in improving the agricultural production and food production capacity of developing countries and has made significant contributions to global food security, Han Changfu, minister of agriculture, said during the…
Vice Premier Wang Qishan has urged the country’s lenders to increase financing to small businesses in order to ease fundraising difficulties amid the country’s current policies of monetary tightening. Wang made the call during a…
BEIJING – In recent years, some foreign investors have complained that the environment for investments in China is regressing. That, to me, is absolutely untrue. Foreign-invested companies have been given equal footing as Chinese companies….
The trunk line of the world’s longest natural gas pipeline, or main line of China’s second west-to-east natural gas pipeline, went into operation on The pipeline, connecting central Asia and China, will deliver natural gas…
STARTING July, more than 4.5 million migrant workers who have full-time jobs in the city will be able to enjoy the same social welfare benefits as local employees, authorities announced yesterday. The move will require…
Daily 1 percent limit appropriate, Bank of China analyst says BEIJING – The yuan’s daily trading band against dollar will probably soon be widened from the current 0.5 percent to 1 percent, said a…