China Unveils Reform to Help Firms Borrow More Cheaply

China Unveils Reform to Help Firms Borrow More Cheaply

China’s central bank said on Saturday it will improve the mechanism used to establish the loan prime rate (LPR) in a move to further lower real interest rates for loans in a market-based way. China’s LPR quotations will be based on...

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Nearly 600 China-Listed Firms’ Average Net Profit Rose 20% in First Half

Nearly 600 China-Listed Firms’ Average Net Profit Rose 20% in First Half

The 595 Chinese domestic A-share listed companies that released first-half financial reports yesterday logged an aggregate net profit of CNY328 million (USD47 million), up 22 percent from a year ago. Of these, the net profit of 64 increased over...

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China January-July FDI up 7.3% Year on Year in Yuan Terms

China January-July FDI up 7.3% Year on Year in Yuan Terms

Foreign direct investment (FDI) in China rose 7.3% from a year earlier to 533.14 billion yuan ($75.56 billion) in the first seven months of this year, the Commerce Ministry said on Tuesday. In July, FDI into China grew 8.7% from a year earlier to...

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Trade War Escalation Nudges U.S. Closer to Recession: Reuters Poll

Trade War Escalation Nudges U.S. Closer to Recession: Reuters Poll

The recent escalation in the U.S.-China trade war has brought forward the next U.S. recession, according to a majority of economists polled by Reuters who now expect the Federal Reserve to cut rates again in September and once more next year...

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China Central Bank Skips OMO as Markets Wait to See if It Will Follow Fed

China Central Bank Skips OMO as Markets Wait to See if It Will Follow Fed

China’s central bank said it will skip open market operations on Thursday, but gave no sign of whether it will immediately follow an overnight interest rate cut by the U.S. Federal Reserve. The People’s Bank of China (PBOC) said...

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China News Weekly 121 – Alibaba to help Salesforce localize and sell in China

China News Weekly 121 – Alibaba to help Salesforce localize and sell in China

Click here to find more details This is NAI’s new China News Weekly. We will be covering the latest Chinese foreign investment trends every week. To continue to receive our China News Weekly, please click the button below to subscribe.

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China Launches Low-Tax Pilot Schemes to Support SMEs – Xinhua

China Launches Low-Tax Pilot Schemes to Support SMEs – Xinhua

China plans to allocate 2 billion yuan ($290.16 million) to a low-tax pilot scheme to bolster small and medium enterprises (SMEs) in urban areas, the official Xinhua news agency said on Tuesday. SMEs have historically struggled to get financing...

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China News Weekly 120 – Initial 25 IPOs on the Shanghai STAR Board Jump  140% Higher in First Session

China News Weekly 120 – Initial 25 IPOs on the Shanghai STAR Board Jump 140% Higher in First Session

Click here to find more details This is NAI’s new China News Weekly. We will be covering the latest Chinese foreign investment trends every week. To continue to receive our China News Weekly, please click the button below to subscribe.

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China’s State Firms Boost Net Profits 8% to USD196.2 Billion in First Half

China’s State Firms Boost Net Profits 8% to USD196.2 Billion in First Half

Chinese state-owned firms increased their net profits and revenue in the first half of this year. State companies boosted their net profits 8 percent from the previous year to CNY1.35 trillion (USD196.2 billion) in total, the Ministry of Finance...

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China Relaxes Capital Replenishment Rules for Non-Listed Banks

China Relaxes Capital Replenishment Rules for Non-Listed Banks

China’s banking and insurance regulator said Friday that it has relaxed rules to help country’s non-listed banks replenish capital. The regulator will allow most city commercial banks and rural commercial banks that meet regulatory...

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China News Weekly 119 – London Metal Exchange adds Huayou’s cobalt to its approved list

China News Weekly 119 – London Metal Exchange adds Huayou’s cobalt to its approved list

Click here to find more details This is NAI’s new China News Weekly. We will be covering the latest Chinese foreign investment trends every week. To continue to receive our China News Weekly, please click the button below to subscribe.

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