Chinese exporters are maintaining a sunny outlook for the year, paying no heed to the storm clouds forming over the domestic new energy industry after allegations of overcapacity by the United States and the European Union – nor the trade restrictions that are likely to...
April has been a busy month for the Hualin International Jewelry Market in Guangzhou. A scrum of eager buyers has descended upon the venue, looking to join a new gold rush as prices soar and the precious metal takes on new life as a vehicle...
German businesses in China have reiterated their calls for a level playing field, with two-thirds of those surveyed seeing themselves in “unfair competition” when operating there – findings which add to pressures on Beijing from foreign investors over persistent struggles related to market access and...
The Secretary for Financial Services and the Treasury will meet Michael Bloomberg, founder of financial media company Bloomberg and former New York City mayor, on Tuesday. He will also address local business and financial leaders.Hui will also join a round-table discussion on Tuesday regarding Hong...
“Direct and indirect government support is leading to capacity significantly exceeding China’s domestic demand, as well as what the global market can bear,” Yellen said at an American Chamber of Commerce in China event on Friday.“Overcapacity can lead to large volumes of exports at depressed...
China’s economy remains resilient despite facing a multitude of headwinds, and global investors should focus on long term opportunities and take advantage of Hong Kong’s role as a “superconnector,” according to government officials and corporate executives.“Hong Kong is the only city in the world where...
The governor of China’s central bank talked up the country’s property market and the resilience of its financial system on Monday, as the debt pressures weighing on a leading developer have spawned more worries the crisis in the sector has yet to reach its conclusion.At...
Hong Kong stocks edged higher after corporate earnings fuelled gains in sportswear company Li Ning and telecoms giant China Unicom, although the mood was cautious after China’s central bank kept its benchmark lending rates unchanged.The Hang Seng Index added 0.3 per cent to 16,577.37 as...
Hong Kong stocks slipped as weak corporate earnings and downbeat guidance amid China’s growth concerns weighed on sentiment.The Hang Seng Index declined 0.7 per cent to 16,628.48 as of 10.05am local time. The Tech Index lost 1.1 per cent and the Shanghai Composite Index lost...
Hong Kong stocks declined for a fourth straight session on Monday after a batch of government data showed China’s economic recovery was still tentative, as retail sales and employment data both lagged street estimates, while sentiment was also cautious ahead of the US Federal Reserve...