China economic news
India Overtakes China's Economic Growth
| Carlos Castillo | | Dec 01, 2015 04:15 PM EST |
India outpaced China's economic growth over the third quarter as increased domestic demand and a strong manufacturing sector brought renewed vigor into the country's gross domestic product (GDP).
British Chancellor George Osborne Welcomes Greater Financial Partnership With China
| Benjie Batanes | | Sep 21, 2015 11:53 AM EDT |
British Chancellor George Osborne is in China to promote greater financial ties for both countries. Despite the Chinese economic slowdown, he believes that interconnecting the British and Chinese stock markets would prove beneficial to the former.
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."
United States Accuses Six Mainland Chinese of Being Economic Spies,; One Professor Arrested
| Benjie Batanes | | May 19, 2015 10:06 PM EDT |
Six Chinese nationals including two professors have been accused of economic espionage by the U.S.
Russia and China Sign a Second Deal, Intimidates Neighboring Countries
| Sydney | | Nov 10, 2014 05:09 AM EST |
On the 21st of May 2014, Russia turned to China and signed a $400 billion deal between Gazprom and The China National Petroleum Corporation. The agreement is for Russia to supply 38 billion cubic meters of natural gas annually for over 30 years from West Siberia to China. This deal deems beneficial for both countries as China needed a new source of clean energy and Russia had to rely less on their western customers with which their relationship has gone cold.
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