Page 25 - Chinese Economy
China's central bank boosts liquidity ahead of tax payment surge
The People's Bank of China on Tuesday net injected 250 billion yuan ($35 billion) via seven-day reverse repurchase agreements, according to a statement
 "China's central bank boosts liquidity ahead of tax payment surge")
China unexpectedly keeps benchmark lending rate unchanged in October
The one-year Loan Prime Rate (LPR) remained at 4.20 per cent, steady from the previous monthly fixing
 "China unexpectedly keeps benchmark lending rate unchanged in October")
China eases M&A rules for listed companies to spur restructuring
The China Securities Regulatory Commission (CSRC) also said it would allow flotation of assets in strategically important emerging sectors on Shenzhen's ChiNext start-up board
Global shares sapped by poor China growth, dollar gets weekly mauling
China's economy grew at a slightly less-than-expected 6% in Q3 but traders seemed to be taking comfort that swift stimulus from Beijing and central banks in recent weeks could avert serious downturn
 "Global shares sapped by poor China growth, dollar gets weekly mauling")
China to remove business restrictions on foreign banks, brokers: Report
China has stepped up efforts to open its financial sector amid a festering trade war with the United States, with increased access to its financial sector among a host of demands from Washington
 "China to remove business restrictions on foreign banks, brokers: Report")
Declining domestic copper grades compel China to look overseas: Fitch
Meanwhile, China remains by far the largest global consumer of copper despite consumption faltering this year due to rising trade tensions with the US
 "Declining domestic copper grades compel China to look overseas: Fitch")
Chinese labour market is changing and it's not because of the trade war
President Trump says US tariffs have thrown millions out of work, but Western economists point to relative stability amid a shift to service jobs as the two sides prepare to resume talks
 "Chinese labour market is changing and it's not because of the trade war")
China raises govt presence at Alibaba, other private giants
Hangzhou, in the eastern province of Zhejiang, is assigning government affairs representatives to facilitate communication and expedite projects, the city government said on its website
 "China raises govt presence at Alibaba, other private giants")
US doing quite well in trade war, China's supply chain breaking up: Trump
The president asserted that because of his policies, China was having one of the worst economic years in decades
 "US doing quite well in trade war, China's supply chain breaking up: Trump")
China's exports fall in August as bruising trade war with US rumbles
China's trade surplus also dropped sharply in August to $34.83 billion
Govt to tighten noose on Chinese e-commerce players evading duties
The move has led to a sharp fall in gift consignments through these ports
 "Govt to tighten noose on Chinese e-commerce players evading duties")
More signs of strain in Chinese economy as industrial output hits 17-yr low
Data also showed China's billion-strong army of consumers were showing signs of becoming more frugal
 "More signs of strain in Chinese economy as industrial output hits 17-yr low")
SBI (Shanghai) becomes 1st Indian bank to link up with China payment system
The CNAPS, launched in 2008 by People's Bank of China provides real-time settlement services for all payments cleared in mainland China, as well as in all clearing banks in offshore yuan centers
 "SBI (Shanghai) becomes 1st Indian bank to link up with China payment system")
Restrictions hurting our operations in China, IT industry tells Goyal
Despite the Chinese IT services market remaining the third largest globally, investments by the Indian industry have not been able to grow owing to unique challenges faced while setting up shop
 "Restrictions hurting our operations in China, IT industry tells Goyal")
IT majors meet Piyush Goyal, flag barriers in accessing in China market
The meeting was attended by senior managers of TCS, Satyam Venture Engineering, HCL, NIIT Tech, Infosys, Invento Robotics, Tech Mahindra and Wipro
 "IT majors meet Piyush Goyal, flag barriers in accessing in China market")
China's leaders head to secretive summer camp to discuss economy, trade war
Summer capital Beidaihe raises security before key meeting
 "China's leaders head to secretive summer camp to discuss economy, trade war")
How emerging markets will eventually be a victim of US-China trade war
It's taking more yuan to buy $1, and China's stocks are suffering
 "How emerging markets will eventually be a victim of US-China trade war")
Making China's tax cuts fiscally sustainable
China should replace administrative restrictions on greenhouse-gas emissions and other pollution with new taxes
 "Making China's tax cuts fiscally sustainable")
People's well-being will improve due to growing Chinese economy: Le Keqiang
China must take strong measures to cope with the current downward economic pressure, says Li Keqiang
 "People's well-being will improve due to growing Chinese economy: Le Keqiang")
China slashes GDP growth target to 6-6.5% amid slowdown, trade war with US
In order to rejig its economy, China is all set to pass a new foreign investment law in a hurry, providing an equal footing to investors abroad with that of local business