China’s official manufacturing PMI figures for June fell 0.4 from 51.9 the previous month, compounding fears that a slowdown may be looming for the Chinese economy in the second half o... Read more
Gasoline stations have been included in the new “negative list” published by China’s top economic planning body, meaning foreign oil players will soon be able to expand their number of dispe... Read more
A new RMB 100 billion ($15 billion) investment fund targeting Chinese tech companies is set for launch by state-owned conglomerate China Merchants Group and London-based Centricus, the Finan... Read more
China raises reserve-fund ratio for third-party payment firms to 100%
The People’s Bank of China has notified third-party payment firms that they will have to deposit all of their reserves of client funds into a centralised account by January of next year, Cai... Read more
China plans to create a chemical industry powerhouse through a merger of state-run giants Sinochem and ChemChina, as Beijing continues to streamline its massive, debt-laden state-owned secto... Read more
