Page 16 - Chinese Economy
China's exports fall in August as bruising trade war with US rumbles
China's trade surplus also dropped sharply in August to $34.83 billion
 "China's exports fall in August as bruising trade war with US rumbles")
Govt to tighten noose on Chinese e-commerce players evading duties
The move has led to a sharp fall in gift consignments through these ports
 "Govt to tighten noose on Chinese e-commerce players evading duties")
More signs of strain in Chinese economy as industrial output hits 17-yr low
Data also showed China's billion-strong army of consumers were showing signs of becoming more frugal
 "More signs of strain in Chinese economy as industrial output hits 17-yr low")
SBI (Shanghai) becomes 1st Indian bank to link up with China payment system
The CNAPS, launched in 2008 by People's Bank of China provides real-time settlement services for all payments cleared in mainland China, as well as in all clearing banks in offshore yuan centers
 "SBI (Shanghai) becomes 1st Indian bank to link up with China payment system")
Restrictions hurting our operations in China, IT industry tells Goyal
Despite the Chinese IT services market remaining the third largest globally, investments by the Indian industry have not been able to grow owing to unique challenges faced while setting up shop
 "Restrictions hurting our operations in China, IT industry tells Goyal")
IT majors meet Piyush Goyal, flag barriers in accessing in China market
The meeting was attended by senior managers of TCS, Satyam Venture Engineering, HCL, NIIT Tech, Infosys, Invento Robotics, Tech Mahindra and Wipro
 "IT majors meet Piyush Goyal, flag barriers in accessing in China market")
China's leaders head to secretive summer camp to discuss economy, trade war
Summer capital Beidaihe raises security before key meeting
 "China's leaders head to secretive summer camp to discuss economy, trade war")
How emerging markets will eventually be a victim of US-China trade war
It's taking more yuan to buy $1, and China's stocks are suffering
 "How emerging markets will eventually be a victim of US-China trade war")
Making China's tax cuts fiscally sustainable
China should replace administrative restrictions on greenhouse-gas emissions and other pollution with new taxes
 "Making China's tax cuts fiscally sustainable")
People's well-being will improve due to growing Chinese economy: Le Keqiang
China must take strong measures to cope with the current downward economic pressure, says Li Keqiang
 "People's well-being will improve due to growing Chinese economy: Le Keqiang")
China slashes GDP growth target to 6-6.5% amid slowdown, trade war with US
In order to rejig its economy, China is all set to pass a new foreign investment law in a hurry, providing an equal footing to investors abroad with that of local business
 "China slashes GDP growth target to 6-6.5% amid slowdown, trade war with US")
China's big slowdown
The engine of global growth for 30 years is slowing
 "China's big slowdown")
Forget trade war. China already in crisis with bankrupt firms, gutted banks
Car sales fell last year in China for the first time in more than two decades
 "Forget trade war. China already in crisis with bankrupt firms, gutted banks")
China to roll out more stimulus measures to counter slowing economic growth
China has lowered the level of reserves that commercial banks need to set aside for the fifth time in a year
China may cut reserve ratio with $625-billion 'liquidity hole'
China cut the amount of cash banks need to set aside as reserves four times last year as the nation struggled with slower economic growth, record corporate bond defaults and a trade war with the US
 "China may cut reserve ratio with $625-billion 'liquidity hole'")
China stares at bigger than expected slowdown as credit shrinks: Analyst
Total credit in the country, including lending to companies, has 'absolutely collapsed' in 2018, says analyst
 "China stares at bigger than expected slowdown as credit shrinks: Analyst")
China can't ignore the world's contribution to its rise in last 40 years
The primary drivers of this economic miracle have been the industrious and entrepreneurial Chinese people and the rest of the world
 "China can't ignore the world's contribution to its rise in last 40 years")
These Chinese steel machines are hitting domestic steelmakers in SE Asia
'It's not safe even for the workers and for the neighbouring areas,' said Castelo, the Philippine trade official
As China's growth slows, Xi promises tax cuts, aid for private firms
Latest indicators show slowing private consumption and effects of a trade war with the United States are starting to undercut growth
 "As China's growth slows, Xi promises tax cuts, aid for private firms")
China will not stoop to competitive devaluation of its currency: Premier Li
Li went on to say that the world's multi-lateral trading system should be upheld, and that unilateral trade actions will not solve any problems
