Tag Archives: China

China adopts new five-year plan for the economy

China adopts new five-year plan for the economy PanARMENIAN.Net – China’s Premier Li Keqiang has said China’s economic growth will stay on track, as the annual meeting of parliament draws to a close, BBC News reports. The National People’s Congress ended with the adoption of a new five-year plan for the … Continue Read more
Category: Headlines

China says slowing economy won’t stop anti-pollution efforts

China says slowing economy won’t stop anti-pollution efforts … economic development model and pursue “economic quality, but also environmental quality,” Chen told a news conference during an annual meeting of the country’s legislature. Politics & Government Nature & Environment China Chen Jining economic Read more
Category: Headlines

China tries to reassure on economy, cuts growth target

China tries to reassure on economy, cuts growth target China’s leadership tried to quell anxiety about its slowing economy following financial turmoil and rising labor unrest as it cut its growth target Saturday and promised to open oil and telecoms industries to private competitors in sweeping industrial reforms. Continue reading at Read more
Category: News

One of the world’s biggest mining companies is cutting 5,500 jobs because of the slowdown in China

One of the world’s biggest mining companies is cutting 5,500 jobs because of the slowdown in China Steve Dykes/Getty ImagesCuts are coming. Anglo American is slashing its business to the bone. The mining giant on Tuesday announced a radical reduction in its business, cutting 60% of jobs, selling off huge swathes of assets, and stopping Read more
Category: Headlines

Markets to Face Slowing Company Profits After China Tumult

Markets to Face Slowing Company Profits After China Tumult Tumult in China triggered the worst opening week for U.S. stocks in history, and this week investors could get plenty more to worry about. Profits are expected to drop at U.S. companies. Again. Earnings for companies in the Standard and Poor’s 500 index … Continue reading Read more
Category: News

China cracks whip on foreign banks with forex shut-out

China cracks whip on foreign banks with forex shut-out Reuters reported on Wednesday that China’s central bank had suspended at least three foreign banks from conducting some of their foreign exchange business until the end of March. China’s past willingness to tolerate some capital flight has paved the way … Continue reading at Read more
Category: Forex

Global Stocks Down After Oil Slide, Weak China Trade

Global Stocks Down After Oil Slide, Weak China Trade Global stocks fell Tuesday after Chinese trade contracted and oil traded at its lowest in six years. KEEPING SCORE: In early European trading, Germany’s DAX lost 0.7 percent to 10,814.51 and France’s CAC-40 shed 0.6 percent to 4,728.91. Britain’s FTSE 100 … Continue Read more
Category: Headlines

Manchester City hope China investment deal can prove a giant leap forward

Manchester City hope China investment deal can prove a giant leap forward Khaldoon Al Mubarak has overseen an investment in Manchester City’s parent company by a Chinese consortium Club insiders believe the investment deal will open up the vast untapped market in China in a way that no other top-flight side has so far managed. […] Read more
Category: Headlines
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