chinese economic slowdown
Top Regulator Vows no Mass Layoffs as China Plans Merger of Big State-Owned Companies
| Carlos Castillo | | Mar 13, 2016 10:29 AM EDT |
China is set to combine more big state-owned enterprises (SOEs) as part of a sweeping plan to cut industrial overcapacity and promote growth and employment opportunities in other sectors of the nation's economy, a senior regulator said on Saturday.
No Basis for Yuan Depreciation, Speculators Caused Currency to Decline: PBOC
| Carlos Castillo | | Feb 15, 2016 07:07 AM EST |
The People's Bank of China (PBOC) Governor Zhou Xiaochuan has broken his long silence amid vigorous efforts to restore stability to the country's economy and currency, saying there is no basis for continued yuan depreciation.
Stock Analyst Predicts Repeat of Chinese Stock Boom to Bust Cycle
| Benjie Batanes | | Oct 12, 2015 07:36 AM EDT |
A stock analyst based in Bangkok predicted over the weekend that Chinese stocks will experience a rally in the last quarter of 2015 in which the Shanghai Index may reach over 4,000 but can drop by as much as half by early next year.
Defrauded Chinese Investors Stage Protest in Front of Government Regulatory Agency
| Benjie Batanes | | Sep 22, 2015 05:32 AM EDT |
Enraged investors staged a protest on Monday in front of the government regulatory body tasked with safeguarding their interest. The protesters claim the authorities ignored their complaints against a local metal exchange company, which reportedly cheated them of several billion yuan.
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