Page 25 - Chinese Economy
China's manufacturing output strengthens with trade deal in sight
The manufacturing purchasing managers' index remained at 50.2, according to data released by the National Bureau of Statistics on Tuesday.
 "China's manufacturing output strengthens with trade deal in sight")
Oil, nickel and iron gain shine in 2019 as demand worries plague investors
All other base metals, fell by up to 12.3 per cent in 2019. Steel was almost flat, while thermal coal and natural gas were also among big losers.
 "Oil, nickel and iron gain shine in 2019 as demand worries plague investors")
China may free up more cash for banking system to support small businesses
Analysts have predicted Beijing will have to lend more support to boost growth next year
 "China may free up more cash for banking system to support small businesses")
China to target around 6% growth in 2020, step up state spending: Reports
Next year will be crucial for the ruling Communist Party to fulfill its goal of doubling gross domestic product (GDP) and incomes in the decade to 2020
 "China to target around 6% growth in 2020, step up state spending: Reports")
How foreign corporations pay $2,500 an hour to avoid the Chinese blacklist
Chinese media reported last week the government could release the blacklist in retaliation for a US bill supporting the Uighur minority in Xinjiang province
 "How foreign corporations pay $2,500 an hour to avoid the Chinese blacklist")
China advances $142-bn 2020 local-govt bonds by a year to spur growth
Beijing has been leaning more heavily on fiscal stimulus to weather the current downturn, announcing 2 trn yuan in tax and fee cuts this year and 2.15 trn yuan in local government bond issuance
 "China advances $142-bn 2020 local-govt bonds by a year to spur growth")
China cuts interest rates to boost economy amid flailing demand, trade war
Beijing is struggling to kickstart the economy, which expanded at its lowest pace for nearly three decades in the third quarter, battered by the US trade war, falling global demand for its goods
 "China cuts interest rates to boost economy amid flailing demand, trade war")
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")