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Li Keqiang

Li Keqiang


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Chinese Premier Li Keqiang Meets Myanmar President U Thein SeinChinese Premier Li Keqiang Meets Myanmar President U Thein SeinChinese Premier Li Keqiang In The UK For First Official Visit

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China June trade data misses forecasts, doubts over economy linger

Source: Asia One

China's Deputy Finance Minister Wang Jun
China's trade performance improved in June but still missed market forecasts, reinforcing expectations that Beijing will have to unveil more stimulus measures to stabilize the economy and meet its 2014 growth target.Exports rose 7.2 per cent in June from a year earlier, the best pace in five months, but well below a median forecast in a Reuters poll for a rise of 10.6 per cent.Imports also missed expectations, growing by 5.5 per cent versus forecast ...
Full article at: Asia One 20 hours ago, 2:51am CDT
 


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China sets up specialised pollution tribunal

Source: Channel News Asia

BEIJING: China's Supreme Court has set up a special tribunal to deal with environmental cases, it said Thursday as Beijing pushes a green agenda with public discontent over pollution rising.Three decades of rapid and unfettered industrial expansion have taken a heavy toll on the county's environment, and Communist leaders have been concerned by an increasing number of angry protests over the issue. ...
Full article at: Channel News Asia Jul 3 2014, 1:29am CDT
 

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In new move to ease currency controls, China will allow banks to set exchange rates

Source: Canadian Business Online

Chinese Premier Li Keqiang Meets Myanmar President U Thein Sein
BEIJING, China – China announced another modest easing Thursday of its currency controls, saying banks will be allowed to set their own exchange rates in dealings with customers. The change adds to a series of moves aimed at making China’s government-controlled financial system more market-oriented and efficient. The United States and other countries have criticized Beijing’s controls on the yuan, also called the renminbi. They say the government-set exchange rate ...
Full article at: Canadian Business Online Jul 2 2014, 11:30pm CDT
 

Landmark Swiss-China free-trade deal comes into force

Source: Channel News Asia

SWITZERLAND-POLITICS
BASEL, Switzerland: A watershed free-trade deal between China and Switzerland came into force on Tuesday, the first such accord between the Asian giant and a mainland European economy.Senior Swiss and Chinese officials were scheduled to mark the debut of the Free Trade Agreement (FTA) at a ceremony in the northern city of Basel, a highly symbolic location given its historical status as a hub for commerce along the River Rhine. ...
Full article at: Channel News Asia Jul 1 2014, 5:46am CDT
 

China manufacturing growth picks up in June

Source: Channel News Asia

BEIJING: Chinese manufacturing activity expanded at its fastest pace this year in June, an official survey showed Tuesday, in a sign that Beijing's attempts to tackle slowing growth in the world's number two economy are gaining traction.The official purchasing managers index (PMI) hit 51.0 last month, the National Bureau of Statistics said in a statement. The figure is up from 50.8 in May and is the best since a similar reading in December. ...
Full article at: Channel News Asia Jun 30 2014, 10:47pm CDT
 

Bank loans now easier to get in China

Source: Asia One

Chinese Premier Li Keqiang Meets Myanmar President U Thein Sein
Regulator relaxes key lending ratio in a measure to boost economyChina's banking regulator said on Monday it was allowing lenders to make more loans through a modification in the way a key regulatory ratio is calculated.The China Banking Regulatory Commission changed the way lenders calculate their loan-to-deposit ratio-a key banking liquidity indicator calculated by dividing a bank's t ...
Full article at: Asia One Jun 30 2014, 9:48pm CDT
 

China "won't seek hegemony" says President Xi

Source: Channel News Asia

Indian Vice President Shri Mohammad Hamid Ansari Visits China
BEIJING: President Xi Jinping said on Saturday that China is incapable of "hegemony or militarism", after calling for stronger border defences to avoid a repeat of past humiliations by foreign powers."Hegemony or militarism is not in the genes of the Chinese," Xi said in a speech commemorating the six-decade old establishment of a commitment to peaceful coexistence with India and Myanmar. Chines ...
Full article at: Channel News Asia Jun 28 2014, 10:29am CDT
 

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Corruption Crackdown Nets Two High-ranking Officials

Source: China Digital Times

Xiaogang Feng Immortalized With Hand And Footprint Ceremony At TCL Chinese Theatre
Ongoing corruption investigations have netted two more “tigers” for President Xi Jinping: Guangzhou Party Chief Wan Qingliang and Xu Jie, former deputy chief of the State Bureau for Letters and Calls. Chris Buckley at the New York Times reports on the official announcement of the investigation into Wan’s alleged misdeeds: Mr. Wan was the mayor of Guangzhou, long known as Canton in English, from 2010 to 2011, when he became the city’s party secretary, a more powerful post ...
Full article at: China Digital Times Jun 27 2014, 1:25pm CDT
 

China's universities reach out to rural students

Source: Asia One

Chinese Premier Li Keqiang Meets Myanmar President U Thein Sein
Su Lingwen had no choice but to drop out of high school after just one year. The 17-year-old was expected to get into a key university, but he found it almost impossible to keep pace with his peers from the cities. Su was raised in Sankeshu, a poor township in Suqian city, Jiangsu province, and went to primary school and middle school there.After graduating from middle school, he transferred to a key high school in Taizhou, a prefecture-level city in the cente ...
Full article at: Asia One Jun 23 2014, 9:24pm CDT
 

China's universities reach out to rural students

Source: Asia One

Chinese Premier Li Keqiang Meets Myanmar President U Thein Sein
CHINA - Su Lingwen had no choice but to drop out of high school after just one year. The 17-year-old was expected to get into a key university, but he found it almost impossible to keep pace with his peers from the cities. Su was raised in Sankeshu, a poor township in Suqian city, Jiangsu province, and went to primary school and middle school there.After graduating from middle school, he transferred to a key high school in ...
Full article at: Asia One Jun 23 2014, 8:44pm CDT