china economic growth
China Unveils Major Expansion Plan for High Speed Rail Network to Boost Economic Growth
Girish Shetti | | Dec 29, 2016 10:27 PM EST |
The Chinese government has turned to high speed rail network to boost the country's fading economic growth rate. It plans to expand country's high-speed rail network to 30,000 kilometers (18,600 miles) by 2020.
China Economic Growth Targets Achievable with Right Tools; Central Government To Develop Emerging Industries
Jenia Cane | | Mar 17, 2016 11:03 PM EDT |
China has the right policy tools to meet its economic growth targets, a top Chinese official said.
China to Consolidate State-Owned Firms to Prevent Massive Layofffs
Charissa Echavez | | Mar 13, 2016 03:40 AM EDT |
China is planning to reorganize and merge the largest state-owned companies in the country in order to cut down overcapacity in the $18 trillion sector without seeing massive layoffs, a senior official revealed.
PBOC Urges Higher Fiscal Deficit Ahead of G-20 Talks
Carlos Castillo | | Feb 26, 2016 06:31 AM EST |
Executives and researchers at the People's Bank of China (PBOC) on Wednesday urged Beijing to tolerate a much higher fiscal deficit than its current ceiling allows, claiming cheap bank loans can no longer drive China's economic expansion.
African Exports Plummet as China's Economy Dips
Alexis Villarias | | Jan 15, 2016 08:51 AM EST |
Africa's economy suffered last year fell as China experienced a recession. African exports to China decreased by almost 40 percent in 2015.
China's Economy to Grow 6.8% in 2016, Bank of China Says
Mars Woo | | Dec 22, 2015 09:38 AM EST |
Despite a volatile global environment and weak domestic market demand, China's economy will still be able to post growth of 6.8 percent next year, according to the Bank of China (BOC) Hong Kong Ltd.
China's Unveils 2016 Economic Plan, Aims for Stable Growth
Carlos Castillo | | Dec 22, 2015 12:16 AM EST |
Chinese officials have unveiled the basic framework of China's economic strategy for in 2016, outlining a plan that focuses on ensuring a stable macroeconomic environment for Beijing's ambitious economic reform plans.
Businessmen Hopeful for China's Economy
Staff Reporter | | Dec 01, 2015 06:59 AM EST |
Despite recent challenges as reforms start to come into effect, China's economy is still viewed very positively by business analysts.
World Bank Predicts Lower Growth Rate for East Asia in 2015
Kwao Peppeh | | Oct 05, 2015 07:16 AM EDT |
China's economic slowdown and an impending rise in U.S. interest rates will lead to lower growth in East Asia this year, according to a recent World Bank report. The East Asia Pacific Update, which was published on Monday, predicts that the region's economy will increase by 6.5 percent in 2015 - down a few points from 6.8 percent in 2014.
China's 'Super Rich' Citizens Increase to Record High
Benjie Batanes | | May 27, 2015 11:25 AM EDT |
The number of 'super rich' Chinese citizens has increased to a record high in the past year. According to a recent report, many of these people got their wealth from the so-called "innovative industries."
Lowering Farming Income Poses Economic Drag To China
Rubi Valdez | | Oct 13, 2014 04:40 AM EDT |
Times have changed in China's rural and farming areas evident with continuous lowering of agricultural income and increased migration of people to highly-urbanized cities.
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