GSMA said Wednesday that this year's edition of Mobile World Congress will no longer be held as planned in Barcelona, Spain, on Feb 24-27
BEIJING (Reuters) - Prices of new homes in China grew last year at the fastest rate since 2011, but moderated enough in December to calm fears of a speculative bubble bursting with disastrous economic consequences.
The train departed from China's international commodity hub Yiwu in Zhejiang Province yesterday
Growth slowed to 6.7 per cent in the first quarter compared with a year earlier, according to official data released on Friday morning in Beijing
The dramatic fall of China's stock market is "a test to evaluate the resilience of the Chinese economy", a state-run daily said Monday, assuring that the country's outlook is still bright.
CSI300 index rises 5.4%, Shanghai Composite Index gains 4.5%
the lot of a Chinese Equity Bull and an Indian Cricket Fan is very similar. The promise of reforms and thereafter a glorious era is always just around the corner
By the close of trading, the CSI300 index of the largest listed companies in Shanghai and Shenzhen had raced up 6.4 per cent
Unlike Greece, China's economy accounts for 16% of the global pie. Enough reasons for the world to sit up and take notice
Some U.S. investors say China's efforts to prop up its stock market had the opposite effect, though the sell-off now offers buying opportunities at what they say are panic-driven prices.
Sensex skids 500 points after Chinese indices drop 7%; India impact limited, say experts
About a week ago, the Asset Management Association of China pawned its credibility to join other government entities in an attempt to bolster the sinking Chinese stock market, which has suffered a drop in market capitalisation of more than $3 trillion since June. It issued a statement entitled "Beautiful sunlight always comes after wind and rain," in which it urged members to "seize the investment opportunity" even as the market had dropped by almost a quarter over the previous fortnight. The statement was a confused, curiously capitalistic-communist homily: "As we pursue personal profit, we should also pay attention to others' profits and not abandon our integrity as we grab for riches."If this sounds like it came out of a fortune cookie, such a suspension of logic appears to be guiding the government's response to the correction in China's stock markets. On Wednesday July 8, it was the turn of the People's Bank of China, which gave money to a Chinese government securities institution
China's police will investigate clues pointing to potentially "malicious" short-selling of Chinese shares, state news agency Xinhua said on Thursday, amid a slide in the Chinese stock market which has plunged nearly a third in the past month.
China's securities regulator took the drastic step of banning shareholders with stakes of more than 5 percent from selling shares for the next six months in a bid to halt a plunge in stock prices that is starting to roil global financial markets.
The $3.7-trn wipe-off in the Chinese stock market may result in greater flow of investments from China into some high-growth sectors in India
Beijing's response underlines need for deeper reforms
If the market fall accelerates the economic slowdown, other countries that have not been affected by China's market fall will be hit soon