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...
Read moreThe 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...
Read moreForeign 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...
Read moreThe 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...
Read moreChina’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...
Read moreClick 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.
Read moreChina 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...
Read moreClick 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.
Read moreChinese 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...
Read moreChina’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...
Read moreClick 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.
Read moreChina expects cross-border capital flows to remain basically stable in the second half of the year, in spite of uncertainties in the global economy and trade protectionism, its foreign exchange regulator said on Thursday. Positive factors...
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