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Rina S.

The fourth quarter spurt in the growth rate is the first instance in two years that China has experienced an uptick in growth.

Chinese Economy Grew by 6.8 Percent in the Fourth Quarter of 2016

Jan 23, 2017 01:59 PM EST

China posted an unexpected surge in its growth rate during the fourth quarter of the previous year. Surpassing official estimates of 6.5 percent growth, the country's economy experienced a 6.8 percent growth. However, risks related to debt and asset price inflation persist.

China announced 0.1% increase in Producer Price Index on year over year basis for the month of September.

China reports first factory gate price increase in five year

Rina S. |

Oct 14, 2016 10:04 AM EDT

China announced 0.1 percent increase in Producer Price Index on year-on-year basis for the month of September.

Wanda’s Wang Jianlin Beats Jack Ma to Become China’s Richest Man

Rina S. |

Oct 13, 2016 04:23 PM EDT

Chinese real estate tycoon Wang Jianlin has once again be crowned the richest man in China. He beat Alibaba founder Jack Ma and others to top the list.

China's Yuan is now part of the IMF's basket of currencies with Special Drawing Rights (SDR).

Yuan Gets Global Monetary Status, Joins Reserve-Currencies Club

Rina S. |

Oct 01, 2016 08:42 AM EDT

China's Yuan has been added to the elite Reserve Currencies club at the International Monetary Fund (IMF).

China Says Tiangong-1 Will Fall Back to Earth in 2017

Rina S. |

Sep 21, 2016 07:52 AM EDT

China's Tiangong-1 space station is likely to fall into the Earth's atmosphere late in 2017, according to a senior official associated with the country's manned space program.

World’s Saddest Polar Bear may be Moved to the UK From China

Rina S. |

Sep 20, 2016 06:03 PM EDT

Animals Asia, an animal welfare charity, has expressed interest in moving a polar bear named Pizza to the Yorkshire Wildlife Park.

China Cuts Tariffs on Technology Products to Give Fillip to Industrial Innovation

Rina S. |

Sep 20, 2016 01:14 PM EDT

China has announced that it is cutting tariffs on a wide range of technology products. The cuts are likely to give a push to industrial innovation in the country.

Typhoon Meranti Causes Havoc in China, Leaves 28 Dead and 15 Missing

Rina S. |

Sep 19, 2016 08:57 AM EDT

China has been battered by Typhoon Meranti as its strong winds and high waves slammed into eastern China this past week.

China reports higher business confidence index for third quarter

China Reports Higher Business Confidence Index in the 3rd Quarter of 2016

Rina S. |

Sep 19, 2016 07:57 AM EDT

A survey by the People's Bank of China shows that business confidence among Chinese entrepreneurs increased in the third quarter of this year.

Bank for International Settlements Report Shows High Banking Stress in China

Rina S. |

Sep 19, 2016 07:46 AM EDT

The Bank for International Settlements (BIS), a leading global financial watchdog, has raised concerns about the growing level of banking stress in China. A report released by the BIS highlighted China's increasing corporate debt. China's banking stress level in the first quarter was at its highest since 1995.

China Raises Alert for Typhoon Malakas, Likely to hit Taiwan and Coastal China

Rina S. |

Sep 17, 2016 08:55 AM EDT

China's National Marine Environmental Forecasting Center (CNMEFC) has upgraded it warning for Typhoon Malakas to Orange. After being ravaged by Typhoon Meranti, the east coast of Taiwan is set to be barraged by Typhoon Malakas on Saturday. Typhoon Malakas will be the 16th typhoon to slam the costs of Fujian and Zhejiang provinces this year.

China’s July holding of US treasuries has been reported at the lowest level since 2013.

China’s US Treasuries Holdings at Lowest Level Since 2013

Rina S. |

Sep 17, 2016 08:46 AM EDT

China’s July holding of US treasuries has been reported at the lowest level since 2013. Its holding has decreased for a fourth straight month. China is the biggest US creditor and the US government owes it $1.219 trillion of debt as in July. Japan held $1.155 trillion worth of Treasuries as it retained its position as the second-biggest holder of the bonds.

Prime minister Justin Trudeau had raised the case of Garratt on his official trip to China this month.

Canada Denies Making any Concession for Release of Citizen Detained in China

Rina S. |

Sep 17, 2016 08:37 AM EDT

China recently released a Canadian citizen convicted of spying. He had been detained for two years. Now, Canada's Foreign Minister Stephane Dion has clarified that the country did not make any concession to China to secure the release. There had been rumors that China was seeking a free trade deal, the extradition of corrupt officials from Canada, and lax investment rules in return for the release.

Japan announced that it would be joining the US training patrol in South China Sea

Japan to Join US Military Exercise in the South China Sea

Rina S. |

Sep 17, 2016 08:16 AM EDT

Japan is looking to increase its presence in the South China Sea. The country has announced that it would be joining the US training patrol in the contested region. Japanese Defense Minister Tomomi Inada said that Japan would conduct similar exercises with regional navies as well.

Japan is looking to sell aircraft to India

China Slams Japan for Weapon Sale to India, Says Deal is ‘Disgraceful’

Rina S. |

Sep 16, 2016 09:04 AM EDT

China has expressed its concern over Japan's decision to sell search and rescue aircraft to India at a low cost. Japan and India have agreed to the sale of $1.6 billion worth of Shinmaywa US-2+ search and rescue aircraft. The sale would be made at a reduced rate to strengthen security ties between the countries.