The Chinese mainland’s benchmark Shanghai Composite Index ended four of its five trading days last week down, with a week-on-week drop of 2.30 percent to 2,642.82 points, the lowest closing point since September 29,…
Category: Economy
BEIJING – More Chinese cities have seen month-on-month declines in the prices of both new and secondhand homes, according to the National Bureau of Statistics (NBS) on Saturday. The NBS said in a statement…
BEIJING – With the volume of home sales continuing to fall amid strict measures aimed at tightening the property market and lowering house prices, some real estate companies are trying to dig their way…
BEIJING – Only 15 percent of respondents expressed satisfaction at a proposed new income tax threshold. The proposed increase, which was put online to gauge public opinion, received responses from more than 82,000 people. …
(Reuters) – Chinese miners and Japanese utilities have largely agreed on a long-term thermal coal price for the fiscal year starting in April, trading sources familiar with the situation said on Tuesday. The price for…
China began diversifying away from the US dollar in earnest in the first four months of this year, most likely by buying far more European government debt than US dollar assets, according to estimates from…
The forerunners of modernization have not only accumulated successful experience but also offered a path of development to late-comers. Thus, some habitually suppose that China as a late-developing country will definitely reach a dead end…
“We make more sales to newer money,” says Laurence Graff, shown above with a 20-carat, emerald-cut white diamond ring. ON this big night out, Gisele Bündchen, darling of the cameras, is decked out in…
BEIJING — A total of 23 percent of foreign investment in China went into the real estate sector last year, the country’s foreign exchange regulator said on Thursday. The ratio of foreign investment in…
HSBC Holdings’ building in the financial district of Hong Kong. The China units of HSBC Holdings and Citigroup Inc have won initial approval to underwrite corporate debt in the country. [Photo / China Daily]…