tag China Economy
“What he found fundamentally changes the way we think.”

The Controversial Chinese Economist Uncovering Tough Truths

EghtesadOnline: Economist Gan Li and his researchers at Chengdu’s Southwestern University of Finance and Economics are gearing up for their national survey of Chinese households, which begins in early July. The aim of the biennial census is to measure the wealth of China’s 1.4 billion people—how much they earn, how many apartments they own, and how much land they have and how they use it. Bankers, economic analysts, property developers, and policymakers are eager to see what the survey will reveal.
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Publish Date:25/March/2017 | 06:09

Big China bitcoin exchange says no government pressure on outflows

EghtesadOnline: The head of a major bitcoin exchange in China says few people there use the cryptocurrency to get around rules on how much money they can take out of the country, and despite a publicized meeting with the central bank last week the exchange, BTCC, hasn't been told explicitly to check capital outflows.
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Publish Date:09/January/2017 | 24:33

China Is Planning a New, Relaxed Approach to Growth

EghtesadOnline: As China’s top leaders tallied the cost of another year of debt-fueled growth at a December meeting, the imperative for stability as a leadership reshuffle loomed later this year prompted an unexpected conclusion.
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Publish Date:09/January/2017 | 11:09

China is confident economy grew 6.7 percent in 2016

EghtesadOnline: China is confident to have reached an economic growth of 6.7 percent in 2016, within a targeted range set earlier in the year, Vice Finance Minister Zhu Guangyao said on Sunday.
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Publish Date:08/January/2017 | 14:06

China Said to Consider Options to Back Yuan, Curb Outflows

EghtesadOnline: China has studied possible scenarios for the yuan and capital outflows this year and is preparing contingency plans, according to people familiar with the matter. The offshore yuan surged the most in a year.
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Publish Date:04/January/2017 | 14:21

China Manufacturing Stabilizes Near a Post-2012 High

EghtesadOnline: China’s official factory gauge stabilized near a post-2012 high in December, capping a year of steady improvement and signaling policy makers have leeway to curb financial risks while keeping growth humming. The services gauge remained elevated. Input prices jumped.
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Publish Date:01/January/2017 | 11:43

China steps up scrutiny on individual forex purchases in the new year

EghtesadOnline: China's foreign exchange regulator said that, starting Jan. 1, 2017, it will step up scrutiny on individual foreign currency purchases and strengthen punishment for illegal money outflows, but the $50,000 annual individual quota will remain unchanged.
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Publish Date:01/January/2017 | 05:24

China Nov industry profits grow well, but chance to sustain gains clouded

EghtesadOnline: China's industrial sector showed the strongest profit growth in three months in November, suggesting the world's second-largest economy was improving, though policymakers noted gains were too dependent on rebounding prices for oil products, iron and steel.
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Publish Date:27/December/2016 | 10:00