POLITICAL ECONOMY - POLICY DAILY

One-pronged strategy: China's Fosun vows to become 'giant unicorn'

Mar 31, 2016 (AFP)

One of China's biggest private-sector conglomerates is seeking a magical solution to the horns of a dilemma about its future, pledging to "become a giant 'Unico...

ADB: While growing, Myanmar should embrace opportunity

Mar 30, 2016 (UPI)

Myanmar's new government will need to increase efforts to draw in investments toward the energy sector to foster development, the Asian Development Bank said. T...

China overcapacity darkens Asia's 2016 growth prospects: ADB

Mar 30, 2016 (AFP)

Huge industrial overcapacity in China will drag on both the country's and the region's growth this year, the Asian Development Bank said Wednesday, cutting its ...

Chinese banks see slight profit rises as economy slows

Mar 30, 2016 (AFP)

Two of China's biggest banks on Wednesday announced slight increases in 2015 net profits, but warned of growing risks from bad loans as the world's second large...

Japan factory output falls in February at worst pace since 2011

Mar 30, 2016 (AFP)

Japan's factory output plummeted in February at its sharpest pace since the aftermath of the 2011 earthquake and tsunami disaster, government data showed Wednes...

Painting by numbers: what value in China's art market?

Mar 27, 2016 (AFP)

The serenity of Cui Ruzhuo's ink landscapes is a far cry from the turmoil of China's contemporary art market. But he can bank on his own status as the country's...

China commercial hub Shanghai seeks to cool home prices

Mar 25, 2016 (AFP)

Shanghai on Friday unveiled rules to cool its housing market, as China seeks to rein-in property speculation in select top-tier cities where prices have raced o...

Chinese living artists' auction sales slump: survey

Mar 24, 2016 (AFP)

The Chinese art market plummeted last year, with auction sales of living artists' works falling by 45 percent as slowing growth and a corruption crackdown under...

Trudeau takes Canada back into the red to boost growth

Mar 22, 2016 (AFP)

Canadian Prime Minister Justin Trudeau's Liberal government announced Tuesday massive spending to try to force an end to years of stagnant growth recently compo...

Money to burn? China firms seek new investors

Mar 21, 2016 (AFP)

The Guangdong Yixiang Folk Culture Co. has a licence to print money -- thousands of lookalike US dollars roll off its clattering presses every minute, intended ...

China mine workers detained after wages protest: locals

Mar 18, 2016 (AFP)

Chinese authorities have detained miners who mounted a large demonstration against unpaid wages, residents said Friday, as officials struggle to control labour ...

China renews vow to avoid 'hard landing' as congress ends

Mar 16, 2016 (AFP)

China's economy will not suffer a "hard landing", Premier Li Keqiang said Wednesday, stepping up Beijing's charm offensive to reassure investors that the govern...

China's industrial output growth wanes

Mar 12, 2016 (AFP)

China's industrial production during the first two months of the year grew at its slowest rate since the global financial crisis, the government said Saturday, ...

China bank lending plummets in February despite loosening

Mar 12, 2016 (AFP)

China's bank loans plunged in February from January, the central bank said, despite government efforts to encourage lending to keep the world's second-largest e...

Want a better government? Raise taxes, study suggests

Mar 11, 2016 (UPI)

Researchers say the arrangement between citizen and government is not unlike that between buyer and seller. To ask a high price, the seller must be selling a pr...

China consumer inflation jumps in February

Mar 10, 2016 (AFP)

China's consumer inflation jumped to 2.3 percent in February, its highest in nearly two years, official data showed Thursday, in a positive sign for demand in t...

Study: More female traders could stabilize the market

Mar 07, 2016 (UPI)

New research suggests more equal gender balance among financial traders could stabilize the market and diminish the risk of a crash. Many psychological studies ...

China 'absolutely' will not have hard landing: official

Mar 06, 2016 (AFP)

China's economy "absolutely will not" suffer a hard landing, the chief of its top planning body said Sunday, as Beijing's leaders try to reassure global investo...

China cuts 2016 growth target to '6.5-7 percent': Li

Mar 05, 2016 (AFP)

China on Saturday cut its growth target for this year to a range of 6.5 to seven percent, as the world's second-largest economy faces a litany of challenges fro...

Slowing growth looms over China parliament meeting

Mar 03, 2016 (AFP)

China's Communist-controlled parliament meets on Saturday to approve a new five-year plan to tackle slowing growth in the world's second-largest economy, as Pre...