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Will upbeat economic data make China tap the brakes on monetary easing?


SHANGHAI China's bond market sold off sharply this week as a slew of unexpectedly strong economic indicators prompted investors to ask if country's latest round of monetary easing may be drawing to a close.

Exclusive: Chinese EV car maker NIO restricts its IPO banks from working for rivals - sources

HONG KONG Chinese electric vehicle (EV) maker NIO Inc has blocked the eight top investment banks that did its IPO from working for rivals by tying them up in rare year-long non-compete clauses, several people with direct knowledge of the matter said.

Mar 29 2019

ZTE Corp shares surge 14 percent, forecasts first-quarter rebound

HONG KONG Shares of ZTE Corp rose as much as 14 percent on Thursday after the company forecast a first quarter profit of up to 1.2 billion yuan ($178.18 million) as it recovers from U.S. sanctions.

Mar 27 2019

China's industrial profits shrink most since late 2011 as economy cools

BEIJING China's industrial firms posted their worst slump in profits since late 2011 in the first two months of this year, data showed on Wednesday, as increasing strains on the economy in the face of slowing demand at home and abroad took a toll on businesses. | Video

Mar 27 2019

Great Wall, Ford hitch up to burgeoning Chinese demand for pickup trucks

BEIJING Grey Liu bought his third vehicle four months ago - a Foton pickup truck, lured by its $7,000 price tag and its ability to transport his sports motorcycle to the grasslands of northern China where he likes to ride.

Mar 27 2019

China court jails scandal-hit Fanya metals exchange founder for 18 years: Xinhua

BEIJING/SHANGHAI A Chinese court on Friday fined the firm behind the now-defunct Fanya Nonferrous Metals Exchange 1 billion yuan ($149.04 million) for illegal fundraising and handed its founder a lengthy prison term, the official Xinhua news agency reported.

Mar 22 2019

Party on: Real estate booms in cradle of China's Communist revolution

YANAN, China Staring at an array of floor plans in a showroom packed with models of apartment blocks set to go up in the northwestern city of Yanan, the young couple was faced with a tough decision.

U.S., China Mar 12 2019

Tesla enters into agreement with Chinese lenders for Gigafactory

Tesla Inc said on Thursday it signed an agreement with lenders in China for a 12-month facility of up to 3.5 billion yuan ($521 million) for the electric carmaker's Gigafactory in Shanghai, and secured new commitments from banks that could be used for investments in the United States and elsewhere.

Tech, China Mar 07 2019

China's CDH targets raising $1 billion in venture capital arm: sources

HONG KONG China's CDH Investments is aiming to raise nearly $1 billion in dollar and yuan funds through its venture and growth capital arm to invest in sectors including healthcare and logistics, said people with direct knowledge of the matter.

Feb 27 2019

Exclusive: China central bank sees benchmark rate cut as last resort, may use other tools - sources

BEIJING China's central bank is not yet ready to cut benchmark interest rates to spur the slowing economy, despite cooling inflation and a stronger yuan, which have fanned market expectations of such a move, policy sources told Reuters.

Feb 21 2019

The yuan charge

Participants wait to perform a dragon dance during a mass fitness programme outside the National Stadium, also known as the Bird's Nest, in Beijing June 20, 2009.

The Obama administration is taking China head on over the yuan. As Congress comes closer to punishing Beijing for not letting the currency strengthen more rapidly, Reuters explains the factors behind the yuan's sudden gains.   Document