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China's Economy News
China steel mills woo top coking coal maker-paper
Reuters - Wednesday, July 23SHANGHAI, July 23 (Reuters) - Senior executives of several large Chinese steel mills have visited Shanxi Coking Coal Group, to ensure supply of the key raw material as markets tighten, the Shanghai Securities News reported on Wednesday. More »
China 6-mth bond yield near top end of forecasts
Reuters - Wednesday, July 23SHANGHAI, July 23 (Reuters) - China's Ministry of Finance auctioned 26 billion yuan ($3.8 billion) of six-month government bonds on Wednesday at a yield of 3.4066 percent, traders said. More »
China Development Bank says NPL ratio rose slightly
Reuters - Wednesday, July 23BEIJING, July 23 (Reuters) - The non-performing loan ratio at China Development Bank, a state lender that owns 3 percent of Barclays <BARC.L>, rose slightly to 0.95 percent at the end of June, the official Xinhua news agency reported late on Tuesday. More »
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AIG buys 13.5 pct of Chinese car maker
AFP - Wednesday, July 23American International Group, the world's largest insurer, has bought a 13.5 percent stake in Chongqing Lifan Industry Group Co. for 90 million dollars, the Chinese car maker said Tuesday. More »
China's vehicle inventories hit 4-year high: report
Reuters - Wednesday, July 23SHANGHAI (Reuters) - Inventories of unsold new vehicles in China rose to a four-year high at the end of June, as sales growth slowed unexpectedly while auto makers boost output, the official China Securities Journal said on Tuesday. More »
China says it disagrees with WTO ruling in auto parts dispute, reserves right to appeal
AP - Wednesday, July 23China said Tuesday it disagreed with a World Trade Organization ruling that Beijing's taxes on imported auto parts violate trade rules and said it reserved the right to appeal. More »
China's vehicle inventories hit 4-year high -paper
Reuters - Tuesday, July 22SHANGHAI, July 22 (Reuters) - Inventories of unsold new vehicles in China rose to a four-year high at the end of June, as sales growth slowed unexpectedly while auto makers boost output, the official China Securities Journal said on Tuesday. More »
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China's political elite to meet on economic policy: report
AFP - Tuesday, July 22China's political elite will meet this week to discuss key economic policy for the rest of the year amid concerns over slowing growth, high inflation and weak exports, a report said on Tuesday. More »
China commerce ministry sees good H2 export growth
Reuters - Tuesday, July 22BEIJING, July 22 (Reuters) - China's commerce ministry said on Tuesday it expects exports to grow at a reasonable pace in the second half, injecting a note of optimism into a debate on whether monetary and forex policy are hitting exporters too hard. More »
- Report: Chinese oil industry group says refining losses widen to US$850 million in first halfAP - Tuesday, July 22
- China Telecom plans $7.3 bln domestic bond issueReuters - Tuesday, July 22
- China Railway wins $1.55 bln rail contractReuters - Tuesday, July 22
- China says to tighten supervision of share salesReuters - Tuesday, July 22
- Bank of China holder sells $68mln shares at discountReuters - Tuesday, July 22
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