On the face of it, China's central bank has room to cut interest rates to try to lift the economy, but sources say evidence companies and banks are hoarding cash has reinforced policymakers' view there is no major benefit in easing policy further.
Republican presidential candidate Donald Trump threatened today to slap tariffs on Chinese products to show Beijing that the United States is "not playing games anymore" when it comes to leveling the field on trade.
China's banking regulator unveiled aggressive measures to restrain the country's fast expanding peer-to-peer (P2P) lending sector today, warning that almost half of the 4,000-odd online lending platforms are "problematic".
China will kickstart fiscal reforms in areas of national defense and basic public services this year, with plans to focus on education, healthcare and environmental protection in 2017-2018, the State Council said today.
At the section of the Great Wall of China that runs through Yulin, tour guide Gao Jing says she tried to learn English in expectation of the increased number of overseas visitors the city planned to attract as part of its economic transformation.
World shares set up camp at one-year peaks today as a rally in Chinese stocks helped offset news that Japan's economic growth had ground to a halt in the last quarter, while crude oil prices extended their latest rally.
A year ago today the Bank of China shocked global markets by devaluing its currency and helped set up the environment for an oil market crash. While the oil market looks weak due to seasonal factors and high inventories, do we have the same situation a year later that can set up an oil market crash? I think not.
Friday’s incredibly impressive U.S. jobs report sent the U.S. dollar and equities higher, with S&P 500 and Nasdaq ending the week at new record highs. The 255,000 jobs added in July and 292,000 in June, made the markets look beyond the weak release in May of only 24,000 additional jobs.
China's exports and imports fell more than expected in July in a rocky start to the third quarter, pointing to further weakness in global demand in the aftermath of Britain's decision to leave the European Union.