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IMF raises China growth forecast, urges faster reforms
Jun 14, 2017 (AFP)
The International Monetary Fund expects China to expand by 6.7 percent this year, faster than its previous estimate of 6.6 percent due to expanding credit and i...
China factory output rises in May but officials guarded
Jun 14, 2017 (AFP)
The reading on industrial production, a key engine of growth, comes as Beijing wrestles with huge debt and excess capacity left over from massive government-bac...
Britain can stay in EU but perks will end: Verhofstadt
Jun 14, 2017 (AFP)
A day after France and Germany both said Britain could reverse Brexit if it wanted, Verhofstadt said Britain's budget rebates and opt outs from EU rules would d...
French miner signs Guinea bauxite deal with Franco-Asian consortium
Jun 14, 2017 (AFP)
Societe Miniere de Boke (SMB), a joint French-Chinese-Singaporean venture, has been operating in the city of Boke since 2014, and completed the deal with AMR at...
Crown staff charged in China gambling crackdown
Jun 13, 2017 (AFP)
The marketing employees were seized in raids across China in October, including an executive in charge of luring rich Chinese to Australia, as Beijing cracks do...
ECB swaps some dollar reserves for renminbi
Jun 13, 2017 (AFP)
The Frankfurt institution "completed an investment equivalent to 500 million euros ($560 million) of the ECB's foreign reserves in Chinese renminbi (CNY) during...
China condemns EU for new steel anti-dumping duties
Jun 10, 2017 (AFP)
The 28-nation bloc said on Friday that it would levy duties of up to 35.9 percent on Chinese hot-rolled flat steel in an attempt to create a level playing field...
China factory gate inflation slows to 5.5% in May
Jun 09, 2017 (AFP)
The producer price index (PPI) rose 5.5 percent year-on-year, according to the National Bureau of Statistics (NBS), slightly lower than economists' expectation ...
Chinese exports, imports beat forecasts but analysts wary
Jun 08, 2017 (AFP)
The readings will come as a relief after a series of weak readings suggesting a recent pick-up could be fizzling, while there are also lingering concerns about ...
Trump saw Paris climate pact as economic straitjacket
Jun 04, 2017 (AFP)
Elected in no small part thanks to voters in "rust belt" industrial and mining states, Trump pledged as a candidate to breathe new life into traditional sectors...
Trade row blocks EU-China climate statement: EU source
Jun 02, 2017 (AFP)
The EU source said leaders from both sides had no problem with on the climate issue as both sides want to boost efforts to implement the 2015 Paris agreement fo...
Goldman Sachs CEO defends Paris deal in first-ever tweet
Jun 01, 2017 (AFP)
"Today's decision is a setback for the environment and for the U.S.'s leadership position in the world," Goldman Sachs chief executive Lloyd Blankfein said on T...
China manufacturing down for 1st time in 11 months: Caixin
Jun 01, 2017 (AFP)
The figures compare with an official reading Wednesday suggesting China factory activity expanded in May. Recent indicators have pointed to slowing growth in th...
China factory activity expands in May
May 31, 2017 (AFP)
Recent indicators have pointed to slowing growth in the Asian economic giant as it grapples with weaker global demand, excess industrial capacity and a burgeoni...
EU group: China still treats foreign firms unfairly
May 31, 2017 (AFP)
China is facing growing pressure to provide a level playing field and increase market access for overseas firms who have long complained about the country's hos...
Layoffs rile India's flagship IT sector
May 31, 2017 (AFP)
IT outsourcing has long been one of India's flagship industries but experts say automation, a failure to keep up with new technologies and US President Donald T...
EU, China seek tighter bond to face Trump
May 30, 2017 (AFP)
Chinese Premier Li Keqiang will meet EU president Donald Tusk and European Commission head Jean-Claude Juncker with hopes of forging an answer to Trump's "Ameri...
Trump joins new-look G7 amid trade, climate discord
May 26, 2017 (AFP)
The two-day summit in Sicily's ancient hilltop resort of Taormina kicks off four days after children were among 22 people killed in a concert bomb attack in Man...
Germany calls for better EU market access to China
May 24, 2017 (AFP)
He was speaking after talks with his counterpart Wang Yi, a week before an EU-China summit in Brussels. The EU has repeatedly pressed for better access to the C...
Chinese tech firm LeEco reverses course in US, cuts 325 jobs
May 24, 2017 (AFP)
The layoffs were reported represent about 70 percent of the company's US staff. "The challenges with raising new capital have made it difficult in the past few ...
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