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China’s Economy Seen to Stabilize; Gains Momentum for 2017

Feb 22, 2017 10:46 PM EST

China's economy is expected to maintain an "L shape," and may later transition from a steep drop to a relatively steady one.

The slowdown will continue from the previous year when the rate of growth showed deceleration.

China’s Big Cities to Grow Slower in 2017

S. Rina |

Jan 18, 2017 10:18 PM EST

Some of the biggest cities in China are targeting slower growth rate this year. The slowdown will continue from the previous year when the rate of growth showed deceleration.

Shanghai Named 'Most Competitive City in China'

Steve M.C. |

Jan 06, 2017 01:44 AM EST

Shanghai on Tuesday has been crowned as the "most competitive city in China" for the fourth time, beating 358 other Chinese cities. According to a report, Shanghai came in first in the China economy and seventh globally.

This is being taken as a signal that the economy is in strong position.

China Claims to Fuel ‘Weak’ Global Economy with its Growth

S. Rina |

Dec 27, 2016 08:51 PM EST

China is on track to meet its 6.5 percent to 7 percent growth rate target this year. This is being taken as a signal that the economy is in strong position. The strength of the Chinese economy is also likely to aid global economy, which is going through a rough phase.

China's Imports Show Marked Improvement.

ALVIN MUNENE |

Sep 08, 2016 05:58 PM EDT

China has beat market estimates after recording strong trade data in August as imports unexpectedly rose for the first time in two years, and a slump in exports halted.

Chinese Enterprises' Situation In The Backdrop Of Global Financial Crisis

Economy of China, India Linked to Modern Slavery: Report

Charissa Echavez |

Aug 13, 2016 12:29 PM EDT

Foreign firms operating in the giant economies of China and India have an "extreme risk" of being associated with modern forms of slavery, according to a report from Verisk Maplecroft, a unit of Verisk Analytics.

China's February Fiscal Revenue Surges 41.5%

China Should Slow Down Wage Increase: Official

Charissa Echavez |

Jul 09, 2016 07:40 AM EDT

China should slow down its wage increase to maintain its economical fitness, Xin Changxing, the vice minister of human resources, said on Friday.

Obama Hosts Chinese President Hu Jintao For State Visit At White House

Both Donald Trump and Hillary Clinton Want to Implement Stricter American Trade Policy Especially Towards China

Kat De Guzman |

Jun 30, 2016 02:28 AM EDT

Hillary Clinton and Donald Trump have made it a point in their recent statements that they will implement stricter American trade policies - especially toward China - if either wins the presidential race this coming November 2016 elections.

U.S. Markets React To Historic 'Brexit' Vote In UK

China Believes Brexit Will Cast Shadow Over Global Economy, Heighten Uncertainty on Markets

Kat De Guzman |

Jun 27, 2016 01:42 PM EDT

Chinese experts have warned that Britain's exit (or Brexit) from the European Union (EU) would cast a shadow over the global economy as well as heighten uncertainties in markets all over the world.

Business Consultant McKinsey Estimates China's Economy Could Grow to $5.6 Trillion by 2030

Kat De Guzman |

Jun 24, 2016 04:15 AM EDT

The business consultancy called McKinsey Global Institute said in a statement on Thursday that China's economy could grow to $5.6 trillion via gross domestic product and $5.1 trillion of new income for households by the year 2030.

China Think-Tank Lowers 2016 Economic Forecast

Marcel Woo |

Jun 20, 2016 08:10 PM EDT

China's economic growth this year will be dragged down by the slower than expected global demand recovery, according to the China International Capital Corp (CICC).

Hong Kong Reclaims 'World's Most Competitive Economy' Title

Charissa Echavez |

May 31, 2016 07:56 AM EDT

Hong Kong has successfully reclaimed its title as the most competitive economy in the world from the United States, according to IMD World Competitiveness Center.

China Reported Decline in Its Industrial Profit Growth Rate in April

China Reports Slower Industrial Profit Growth Rate in April

Rina S. |

May 27, 2016 01:34 PM EDT

China's major industrial firms reported a 4.2 percent increase in their profits in the month of April, down from the 11.1 percent increase reported in March.

George Soros Expressed Concerns About Growing Debt in Chinese Economy

Soros Expresses Concerns About Growing Chinese Debt

Rina S. |

Apr 23, 2016 11:08 AM EDT

China announced that its economy grew by 6.7 percent. However, the concerns about its economy still persist. Billionaire investor George Soros said that the current situation of the Chinese economy is akin to the 2008 financial crisis in the United States.

Imports of counterfeited and pirated goods have accounted for up to 2.5 percent (as much as $461 billion) of global trade.

Global Trade in Fake Goods Worth Nearly Half a Trillion Dollars: OECD

Charissa Echavez |

Apr 20, 2016 01:20 PM EDT

Imports of counterfeited and pirated goods account for up to 2.5 percent (as much as $461 billion) of global trade, causing significant damage especially to French, Italian and US brands and state funds, the Organisation for Economic Cooperation and Development (OECD) revealed on Monday.

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