Finance & Economy

Australia FTA with China: Shift from Mining to Dining

Australia signed a long-awaited free trade agreement with China, its largest trading partner, coinciding with Tuesday's state-visit by China's president, Xi Jinping. As expected, the FTA sees tariffs on Australian agricultural products lowered and thresholds i...

Thursday, November 20, 2014

Australia, China Deepen Ties with Landmark Free Trade Deal

China and Australia on Nov 17th sealed a landmark free trade agreement more than a decade in the making, significantly expanding ties between the world's second largest economy and one of Washington's closest allies in Asia.

Tuesday, November 18, 2014

China's October CPI up by 1.6% While PPI Down by 2.2%

China's inflation came in at 1.6 per cent in October, unchanged from the previous months, the government said on Monday (Nov 10).

Monday, November 10, 2014

China Launches Intensive Infrastructure Projects to Boost Economy

State-owned China National Radio reported on Saturday that the National Development and Reform Commission (NDRC), the nation's top government agency in charge of economic planning, has approved a total of 21 investment projects between Oct. 16 and Nov. 5 with ...

Monday, November 10, 2014

China`s September Industrial Profits up 0.4%

Profits of Chinese industrial businesses hit 563.39 billion yuan (92.36 billion U.S. dollars) in September, up 0.4 percent year on year, official data showed on Tuesday (Oct 28th).

Wednesday, October 29, 2014

Chinese Statisticians to Broaden Focus from GDP

China's top statistical authority on Friday (Sep 12th) announced a broader accounting plan that aims to shift officials' overriding obsession with GDP and place more weight on environmental and social development.

Monday, September 15, 2014

RMB's Value Hits 6-month Peak

The value of the Chinese currency renminbi, or the yuan, strengthened by 95 basis points to 6.1425 against the U.S. dollar in its central parity on Sep 10th, indicated the China Foreign Exchange Trading System.

Thursday, September 11, 2014

China to Become World's Largest Economy in 2024: IHS

China will become the world's largest economy in 2024, as the country's consumer spending is expected to almost quadruple from 2013 to 2024, said IHS Inc., a global industrial data and analysis company, Friday (Sep 5th) in London.

Tuesday, September 9, 2014
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