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Elias Glenn

Feb 26 2017

China securities regulator to focus on stability, reform

BEIJING China will focus on stable development of its capital markets this year, but will press ahead to further open its markets to foreign companies, the top securities regulator said on Sunday.

Feb 16 2017

China's overseas property purchases, investments slump as capital controls bite

BEIJING Property investment by Chinese companies plunged in January as authorities tightened restrictions on capital outflows to support the ailing yuan currency and ease pressure on the country's foreign exchange reserves.

Feb 14 2017

China's credit growth poses challenge, but tightening seen gradual

BEIJING Chinese banks kept up a strong pace of lending at the start of the year, even with signs of tightening by the central bank, highlighting the challenge Beijing faces as it tries to deflate asset bubbles without risking a blow to economic activity.

Feb 14 2017

Inflation picks up to multi-year highs in China as central bank eyes tighter policy

BEIJING China's producer price inflation picked up more than expected in January to near six-year highs as prices of steel and other raw materials extended a torrid rally, adding to views that global manufacturing activity is building momentum.

Feb 10 2017

Robust China trade data a boon for Asia as protectionist risks loom

BEIJING China posted much stronger-than-expected trade data for January as demand picked up at home and abroad, an encouraging start to 2017 for the world's largest trading nation even as Asia braces for a rise in U.S. protectionism under President Donald Trump.

Feb 05 2017

China services sector extends strong growth in January but pace eases: Caixin PMI

BEIJING Growth in China's services sector remained robust in January as companies reported a solid increase in orders, though the pace of expansion eased from the previous month, a private business survey showed.

Feb 03 2017

China raises short-term interest rates in fresh tightening sign

SHANGHAI China's central bank surprised financial markets on Friday by raising short-term interest rates on the first day back from a long holiday, in a further sign of policy tightening as the economy shows signs of steadying.

Feb 01 2017

China January factory activity expands for sixth month at modest pace but risks loom

BEIJING China's manufacturing sector expanded for the sixth month in a row in January as the world's second-largest economy continued to benefit from record bank lending and a construction boom.

Jan 29 2017

Three Chinese tourists dead, six people missing in Borneo shipwreck

KUALA LUMPUR/BEIJING Three Chinese tourists have been found dead and five, along with one Malaysian crew member, are still missing after their boat sank in rough seas off the coast of Borneo a day earlier, Malaysian officials said on Sunday.

Jan 25 2017

New China cbank move points to gradual policy tightening for now

BEIJING China's central bank delivered a pointed reminder to financial markets and businesses this week that it is moving to a tightening policy bias, but analysts expect benchmark interest rates to remain unchanged and say any further measures will be limited as economic growth slows.

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