Search Results for: China
China lowers 2015 growth target to around 7%
March 5th, 2015
China targeted economic growth of approximately 7 percent in 2015, lower than the goal of around 7.5 percent in 2014, according to a government work report delivered by Premier Li Keqiang at the parliament’s annual session Thursday. The growth ...
China freezes accounts of metals-trading giant Trafigura
March 4th, 2015
Chinese police have frozen two bank accounts held by Trafigura, one of the world’s three largest private oil and metals traders, as the authorities investigate an alleged $32 million gasoline-trade fraud, according to three sources. Police have held Beijing-based ...
China’s shares rise after PBOC rate cut
March 2nd, 2015
Shares in China were higher on Monday after the mainland’s central bank unexpectedly cut interest rates at the weekend for the second time since November. Hong Kong’s Hang Seng was up 0.36% at 24,911.91 points in mid-morning trade. Meanwhile, ...
China Said to Tax Past Capital Gains by International Funds
February 27th, 2015
China plans to collect capital gains taxes from foreign money managers that invested in mainland markets during the five years through November 2014, a move that may compel funds to claw back more than $1 billion from investors to ...
Asian stocks higher on earnings, China factory
February 26th, 2015
Asian stocks were mostly higher Thursday on upbeat corporate earnings and rising Chinese factory output after the chairwoman of the U.S. Federal Reserve said it will be patient about increasing interest rates. Keeping score: Japan’s Nikkei 225 rose 0.6 ...
China January FDI grows at strongest pace in four years
February 16th, 2015
Foreign direct investment (FDI) in China grew at its strongest pace in nearly four years in January, surging 29.4 percent from a year earlier to $13.9 billion as investors largely shunned the troubled manufacturing sector and focused on the more resilient ...
Foreign companies feel China targets them in investigations
February 11th, 2015
Nearly half of foreign companies in China feel singled out in a wave of anti-monopoly and other investigations, and a growing number are deciding not to expand their investments, the American Chamber of Commerce in China said Wednesday. The ...
China Inflation Drops to Five-Year Low in January
February 10th, 2015
China’s Consumer-Price Index Rose 0.8% in January From a Year Earlier Inflation in China fell to a five-year low in January, spurring calls from economists for more stimulus measures to counter deflationary pressure in the world’s second-largest economy. China’s ...
SEC Imposes Sanctions Against China-Based Members of Big Four Accounting Networks for Refusing to Produce Documents
February 9th, 2015
The Securities and Exchange Commission today imposed sanctions against four China-based accounting firms that had refused to turn over documents related to investigations of potential fraud. The China-based firms are members of large international networks associated with the “Big ...
Asian markets mostly down on China exports
February 9th, 2015
Asian markets traded mostly lower on Monday as surprisingly weak trade data from the world’s second largest economy, China, dented investor confidence. Figures released on Sunday showed exports were up 3.3% in January from a year ago, while imports ...
