Post Tagged with: "China Economy"

Should Beijing prop up stock markets to combat its slowest economic growth since 1990?

Should Beijing prop up stock markets to combat its slowest economic growth since 1990?

China?s faltering stock markets, compounded by an economy that is growing at its slowest pace since 1990, have incited a heated debate among think tanks and analysts on whether Beijing should step in to help shore up investor confidence. The benchmark Shanghai Composite Index ? the world?s worst performer among […]

Consumption remains engine and driving force for China?s growth, Alibaba CEO says

Consumption remains engine and driving force for China?s growth, Alibaba CEO says

China?s consumption remains strong compared with other countries, driven by a growing and increasingly affluent middle class and the power of the internet to help improve the lives of rural residents, according to Alibaba Group Holding chief executive Daniel Zhang Yong. ?China has many opportunities, but it is also facing […]

Head of China?s securities watchdog Liu Shiyu replaced by top banker

Head of China?s securities watchdog Liu Shiyu replaced by top banker

The chairman of the China Securities Regulatory Commission, Liu Shiyu, has been replaced by the boss of Industrial and Commercial Bank of China (ICBC), state media reported on Saturday. Liu has been given a new position as deputy party secretary of the All-China Federation of Supply and Marketing Cooperatives, Xinhua […]

Washington and Beijing ?miles and miles? from trade resolution, says US Commerce Secretary Wilbur Ross

Washington and Beijing ?miles and miles? from trade resolution, says US Commerce Secretary Wilbur Ross

US Commerce Secretary Wilbur Ross on Thursday downplayed the possibility for a quick breakthrough next week to resolve deep-rooted conflicts in the US-China trade talks. ?There has been a lot of anticipatory work done. But we are miles and miles from getting a resolution,? Ross said. In an interview with […]

United States should focus on China?s technology plans when trade talks resume, business groups say

United States should focus on China?s technology plans when trade talks resume, business groups say

Two US business groups have told American trade negotiators that Beijing is moving ahead with its hi-tech ambitions as outlined in the ?Made in China 2025? strategy, a policy expected to be a focus of talks that resume next week to try to end the trade war. In a joint […]