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Rest Assured. China Has Its Economy's Back

EghtesadOnline: The People’s Bank of China has surprised many with its tolerance for market pain as it squeezes leverage in parts of the financial system.
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Publish Date:05/June/2017 | 10:14

China's reforms not enough to arrest mounting debt: Moody's

EghtesadOnline: China's structural reforms will slow the pace of its debt build-up but will not be enough to arrest it, and another credit rating cut for the country is possible down the road unless it gets its ballooning credit in check, officials at Moody's said.
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Publish Date:27/May/2017 | 04:37

Manufacturing and retail recovery drives China's solid Q1 growth

EghtesadOnline: A recovery in China's industrial sector, which accounts for about one-third of the economy, drove China's better-than-expected first quarter economic growth as export orders picked up and steel output hit a record.
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Publish Date:18/April/2017 | 06:20

Facing Economic Challenges, China Trims 2017 GDP Target

EghtesadOnline: Chinese Premier Li Keqiang warned Sunday the world's second-largest economy faces severe challenges, signaling a further deceleration as he announced a trimmed 2017 GDP growth target of "around 6.5%."
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Publish Date:06/March/2017 | 05:45

China says policies unaffected by Trump plan to bring factories back to U.S.

EghtesadOnline: China is closely following U.S. President Donald Trump's plans to create more domestic jobs by encouraging U.S. companies to bring home or "reshore" their overseas production, but the government will not change its overall strategy, Industry Minister Miao Wei said on Friday.
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Publish Date:18/February/2017 | 04:57

China December forex reserves fall for sixth month, near $3 trillion level

EghtesadOnline: China's foreign exchange reserves fell for a sixth straight month in December to the lowest since early 2011, but held just above the critical $3 trillion level, as authorities stepped in to support the yuan ahead of U.S. President-elect Donald Trump's inauguration.
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Publish Date:07/January/2017 | 05:42

China policymakers pledge stability for 'complex' year ahead

EghtesadOnline: China's economy is on a steady growth path as 2016 ends, supported by a housing boom and billions in government investment, but the mood of policymakers is more cautious than celebratory as they face "complexity" in the new year.
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Publish Date:31/December/2016 | 05:40

China will stick to 'going out' strategy amid outflow concerns

EghtesadOnline: China said on Monday it will stick to its opening up policy and "going out" strategy on investment even while a slide in the yuan to 8-1/2-year lows revives worries about capital fleeing the country.
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Publish Date:28/November/2016 | 09:27

China says it will promote trade deals regardless of TPP, RCEP direction

EghtesadOnline: China said it will actively participate in bilateral and multilateral trade deals, with the goal of deepening reform and opening up its economy, regardless of the direction the Trans Pacific Partnership (TPP) or the China-backed Regional Comprehensive Economic Partnership (RCEP) might take.
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Publish Date:24/November/2016 | 15:29

Trump's pullout of TPP opens way for China

EghtesadOnline: An Asia-Pacific trade deal stands almost no chance of working now that U.S. President-elect Donald Trump has pulled the plug on it, proponents of the pact said on Tuesday, opening the way for China to assume the leadership mantle on trade.
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Publish Date:22/November/2016 | 13:01

With Trump win, China looks to seize Asia free trade leadership

EghtesadOnline: China will position itself as free trade's new champion at an Asia-Pacific summit this weekend, with the Communist government seeking to project economic leadership as a U.S.-led Pacific Rim trade pact languishes under President-elect Donald Trump.
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Publish Date:19/November/2016 | 05:54

China stocks climb to 10-month high as Trump fears turn to hope

EghtesadOnline: China stocks rose to a fresh 10-month high on Thursday, joining a surprise turnaround in global markets in the wake of a shock win for Republican Donald Trump in the U.S. presidential election.
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Publish Date:10/November/2016 | 08:28

China Premier Li says economy to maintain steady growth

EghtesadOnline: China will maintain steady growth and speed up economic transformation, Chinese Premier Li Keqiang said on Saturday, adding that the world's No. 2 economy would be able to overcome current challenges, official news agency Xinhua reported.
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Publish Date:06/November/2016 | 05:10