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Monthly Archives: July, 2017

Ministry of Finance Claims Success in Curbing Local Government Debt

Beijing says that government debt risk still lies within "controllable" limits, while also resolving to dissipate accumulated local government financial risk and control growth...

Caixin Says Expansion of Rental Market Will Decide the Fate of China’s Housing Sector

The chief editor of one of China's leading financial news publications says that the implementation of reforms to the urban rental market will serve...

“Irrational” Foreign Investment Effectively Curbed in the First Half: Ministry of Commerce

China's Ministry of Commerce is touting its success in curbing "irrational" outbound foreign investment in the first half of 2017. Speaking at a press conference...

July PMI Slides 0.3 Percentage Points to 51.4%

China's official Purchasing Managers' Index (PMI) is 51.4% for the month of July, for a 0.3 percentage point decline compared to the preceding month. When...

Private Investment Growth Surpasses 10% in 11 Out of 34 Chinese Provinces

Chinese fixed-asset and private investment levels appear on track to post robust growth for the first half of 2017. Private investment hits double digits for...

China’s Economy is Already Over Financialized: Vice-head of NPC Standing Committee

The former vice-chairwoman of the 10th Standing Committee of China's National People's Congress said one of the byproducts of the breakneck growth of the...

PBOC Made Net Injections of 280bn Yuan This Week

The Chinese central bank has made net injections of 280 billion yuan this week via open market operations, after expanding liquidity by 510 billion...

Chinese FDI Favours Europe Over the US: Yukon Huang

Europe is drawing more foreign direct investment from China than the United States due to political sensitivities and security concerns. Writing for The Financial Times, Carnegie Endowment...

Citibank Sees Chinese GDP Growing 6.8% in 2017

Citibank has forecast full year GDP growth of 6.8% for China in 2017, with investment and consumption serving as key drivers of the economy...

Central Government Warns Against Reversal of Deleveraging to Drive Growth

One of the Chinese government's senior-most financial authorities has warned against reversing the ongoing deleveraging efforts of regulators just for the purpose of propping...

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