POLITICAL ECONOMY

News About The Global Economy

1,238 articles

Top Hong Kong businessman sells $928 mn Beijing property
Apr 10, 2014 (AFP)
A company led by top Hong Kong businessman Richard Li said it has sold a landmark Beijing property for more than $900 million, fuelling speculation about the mo...
China's GDP growth to slow to 7.5% this year, 7.3% next: IMF
Apr 08, 2014 (AFP)
The International Monetary Fund said Tuesday China's economic growth would slow to 7.5 percent this year and 7.3 percent in 2015, avoiding a "hard landing" if t...
China unveils mini stimulus to boost slowing economy
Apr 03, 2014 (AFP)
China has announced a set of steps to boost slowing growth in the world's number-two economy, including extending tax breaks for small businesses and support me...
Bank of China 2013 net profit up 12 percent
Mar 26, 2014 (AFP)
Bank of China said Wednesday its 2013 net profit rose 12 percent on the back of recovering global markets and stable growth in the Chinese economy. China's four...
Dagong chief says credit ratings need 'Chinese wisdom'
Mar 26, 2014 (AFP)
The man behind Beijing-based credit ratings agency Dagong says "Chinese wisdom" will help it take on mighty Western names that failed by not predicting the glob...
Some debt defaults 'healthy' for China market: central bank
Mar 23, 2014 (AFP)
China's central bank hinted Sunday that it was willing to accept some debt defaults in the $1.8 trillion wealth management market, as the world's second-largest...
China's yuan currency fell to nearly 13-month low
Mar 20, 2014 (AFP)
China's yuan weakened against the US dollar on Thursday to its lowest level in nearly 13 months, but analysts said it would help authorities control speculative...
China's politically-sensitive yuan falls after reform
Mar 17, 2014 (AFP)
China's yuan weakened against the dollar on Monday after the central bank doubled the trading band for the currency, which the United States has long insisted i...
China able to keep economic operation in proper range
Mar 16, 2014 (XNA)
Premier Li Keqiang said Thursday that China's economy has "tremendous potential and resilience" and the country is able to keep its economic growth in a proper ...
Weak start to year a test for Beijing: analysts
Mar 16, 2014 (AFP)
China could miss its official growth target for the first time in 16 years, a snap poll of economists by AFP shows after surprisingly weak data for January and ...
Chinese premier: 'Zero tolerance' for corruption
Mar 13, 2014 (AFP)
Chinese Premier Li Keqiang said Thursday that Beijing has "zero tolerance" for corruption however senior the culprit, as the country's leaders press forward wit...
BoJ holds off new easing measures as tax hike looms
Mar 11, 2014 (AFP)
The Bank of Japan held off launching fresh monetary easing measures Tuesday, saying the economy was picking up, despite slowing growth in the last quarter of 20...
China bank lending halves in February from January
Mar 10, 2014 (AFP)
China's bank lending halved in February from January, the government said Monday, amid worries over a near-default on a financial product structured by the risk...
China posts unexpected trade deficit in February: govt
Mar 08, 2014 (AFP)
China recorded an unexpected trade deficit of $22.98 billion in February, official figures showed Saturday, with authorities blaming the country's holiday seaso...
China's growth target flexible: finance minister
Mar 06, 2014 (AFP)
China's finance minister suggested Thursday that a growth rate of "7.2 percent or 7.3 percent" would be acceptable, a day after the country announced a 2014 tar...
Threat of China corporate bond default worries market
Mar 05, 2014 (AFP)
A Chinese solar company is threatening not to pay interest on a corporate bond, setting off alarms in the financial system, but analysts said Wednesday that a d...
China promises steady 7.5 percent growth, cleaner air
Mar 05, 2014 (AFP)
China is targeting growth of about 7.5 percent in 2014, Premier Li Keqiang said Wednesday, promising to "declare war" on pollution as the government pledges to ...
China's urban drive risks digging economic hole
Mar 04, 2014 (AFP)
After a lifetime of farming and mining in the hills of southwest China, Zhang Zongfu was thrust into subsidised housing closer to town, and into a monumental ur...
West and Russia clash over Crimea as markets fall
Mar 03, 2014 (AFP)
Russia cemented its control of the flashpoint Crimean peninsula without firing a shot as markets plunged on Monday and world leaders held a series of crisis tal...
China home price rises slow in February: survey
Feb 28, 2014 (AFP)
Increases in Chinese home prices slowed in February for the second straight month, an independent survey showed Friday. The average price of a new home in 100 m...
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