Jan 04, 2016
Chinese stock markets tumbled 7 percent in their opening session of 2016 on Monday as weak factory activity surveys and falls in the yuan added to concerns about the struggling economy, forcing exchanges to suspend trade for the first time.
Jan 04, 2016
China's factory activity contracted for the 10th straight month in December, and at a sharper pace than in November, a private survey showed, dampening hopes that the world's second-largest economy will enter 2016 on steadier footing.
Dec 29, 2015
China’s central bank reiterated that it will aim for stability in the yuan as it seeks to promote exchange-rate reform and maintain prudent monetary policy.
Dec 22, 2015
Chinese leaders approved an economic blueprint for next year that emphasizes tackling long-term problems and reflects a realization that debt and investment can no longer power the world’s second-largest economy.
Dec 18, 2015
China's top leaders have started an annual meeting to map out economic and reform plans for 2016, state media reported on Friday.
Zhang Monan, Senior Fellow, China Center for International Economic Exchanges
Dec 18, 2015
As the labor supply declines and labor cost increases, China must strengthen the supply front to really create new supply and efficiency dividends through reform. Reform on the supply front requires the improvement of capital-formation efficiency for the next five years.
Dec 16, 2015
China’s economy, already in the midst of a half-decade deceleration, won’t arrest its downward trajectory until at least 2018.
Tung Chee Hwa, Chairman, China-United States Exchange Foundation
Dec 15, 2015
The first Chief Executive of the Hong Kong Special Administrative Region (SAR) C.H. Tung argues that the success of the modern day China is not accidental. While globalization certainly contributed to China’s rapid growth and prosperous development, what Tung describes as "China miracle" is a result of the country’s efforts to ensure a smooth leadership transition, enact sound policies, as well as of the expansion of freedom that liberated the entrepreneurial and innovative spirit of its citizens.
Liu Mingkang, Ex-chairman, China Banking Regulatory Commission
Dec 03, 2015
Last month, China’s leaders revealed details of the 13th Five-Year Plan, which will guide the economy’s trajectory until 2020. Gone are the directives to expand industrial production at a breakneck pace that characterized previous five-year plans. Now, the focus is on achieving sustainable long-term growth, underpinned by domestic consumption, a stronger services sector, entrepreneurship, and innovation.
Dec 01, 2015
The International Monetary Fund on Monday is adding the Chinese yuan to the basket of elite currencies comprising its lending reserve, marking a milestone in the country’s ascendancy as a global economic power.