Chinese investment triples in U.S., doubles in Europe: report
Combined Chinese direct investment in the advanced economies of North America and Europe more than doubled in 2016 as China's rapidly maturing economy continued its transition to a new growth model, according to a report.
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Central bank official dismisses speculation on interest rate hikes
A central bank official said Tuesday that a recent increase of interest rates for open market operations was influenced by market forces and should not be viewed in the same way as benchmark interest rate increases.
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China's forex reserves fall to six-year low, still top of world
China's forex reserves continued to shrink in January, falling for the seventh straight month to below the closely watched 3 trillion U.S. dollars, official data showed Tuesday. Yuan stable, strong despite January weakening: central bank
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Three Chinese smartphone brands top 2016 shipments in China
Three Chinese brands, OPPO, Huawei and Vivo, outperformed Apple and Xiaomi to become the top three smartphone vendors in China in terms of shipments in 2016.
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China to cancel subsidies for new energy vehicles gradually by 2020
Chinese authorities have announced that subsidies for new-energy vehicles are to be gradually reduced and then cancelled by 2020. The subsidies will in general drop by 20 percent in 2017 year-on-year. The maximum subsidy will drop to 66,000 yuan, or 9600 US dollars, down from 110,000 yuan last year.
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Gold investment, consumption increase during Spring Festival holiday
The World Gold Council has released a new report showing the world's demand for gold for investment last year soared by 70-percent compared with 2015 year.
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China absorbs record high foreign direct investment of 139 bln USD
China attracted a record high foreign direct investment (FDI) of 139 billion US dollars in 2016, ranking third in the world, following the United States and Britain.
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JD confirms plans for banking license
Chinese e-commerce giant JD.com has confirmed it is carrying out work toward a possible banking license.
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Spring Festival injects hope for stellar economic year
The week-long Spring Festival holiday, which ended Thursday, is an engine for consumption as well as a time for the Chinese to refresh and prepare for the Year of the Rooster.
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China punishes 7 automakers for green subsidy breaches
The Ministry of Industry and Information Technology (MIIT) has cut subsidy qualifications for seven Chinese automakers over subsidy cheating.
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China signals neutral monetary policy with rate hikes
On the first working day of the Year of the Rooster, China's central bank surprised financial markets by raising lending rates to banks, widely interpreted as a shift towards neutral monetary policy as economic fundamentals improve.
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Alibaba opens Australian, New Zealand headquarters in Melbourne
Alibaba Group Holding Limited on Saturday opened its Australian and New Zealand (ANZ) headquarters in Australia's Melbourne.
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China urges U.S. to correct unfair anti-dumping duties on steel products
China urged the United States to correct its unfair decision to impose high anti-dumping and countervailing duties on imports of Chinese stainless steel sheet and strip, according to a statement released Saturday by the Ministry of Commerce (MOC).
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China's asset management business scale hits 51.79 trillion yuan
The total scale of China's asset management businesses stood at about 51.79 trillion yuan (7.54 trillion U.S. dollars) by the end of 2016, data from an industry body showed Friday.
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China raises SLF interest rates
China's central bank on Friday raised the interest rates on standing lending facilities (SLF), a liquidity support tool.
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China growth helps VW beat Toyota
Volkswagen has become the world's largest car manufacturer, helped by impressive sales growth in China. The news sees the German auto giant overtake Toyota, which had previously held the worldwide sales top spot.
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China forex restrictions cool overseas property investment
Industry experts are reporting a slowdown in the overseas property investment market, a month after China took measures to restrict individual investors buying foreign currency to purchase real estate abroad.
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Google overtakes Apple in market value
Search giant Google has replaced iPhone maker Apple to be the world's most valuable company in the Brand Finance's Global 500 2017 report.
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China tourism revenue surges in week-long holiday
China's tourism industry raked in 423.3 billion yuan (61.7 billion U.S. dollars) in revenue during the Lunar New Year holiday, as more affluent people become increasingly keen to travel.
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Holiday consumption robust during Lunar New Year
Shops and restaurants across China reported robust sales during the week-long Lunar New Year holiday, data from the Ministry of Commerce (MOC) showed on Thursday.
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Chinese news aggregator Toutiao acquires Flipagram
Toutiao, one of China's most popular mobile news apps, confirmed Thursday that it has acquired Flipagram, a U.S. video creation app.
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Chinese investors welcomed to North East UK
Businesses and leaders in the North East of England are keen to attract Chinese investment to the area.
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Outbound investment targeting know-how
Chinese companies have shifted the focus of their overseas acquisitions away from natural resources toward innovative technology and robotics, according to a report from a London-based law firm.
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Chinese automaker JAC to produce cars in Mexico
Mexican authorities announced Wednesday that Chinese automaker JAC would soon begin producing cars in the central Mexican state of Hidalgo.
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U.S. Fed keeps interest rates unchanged in January meeting
U.S. Federal Reserve on Wednesday left the benchmark interest rates unchanged and offered no hint on when it might move.
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