China’s trade surplus may narrow to an eight-year low in 2012 as slowing external demand undermines exports, a shift that may help the nation rebuff overseas criticism for maintaining an undervalued exchange rate. >>> Read more
Small businesses in China could be facing their bleakest Chinese New Year in more than 30 years – up to 20,000 businesses in the city of Wenzhou, one of the country’s main entrepreneurial centers on the east coast, could suspend operations or close down...
After Athabasca Oil Sands Corp. announced the sale of its 40 per cent stake in the MacKay oil sands project, the majority of news stories focused on the China angle. For good reason. By selling the asset to PetroChina for $680-million, Athabasca gave China rights to...
China’s stocks rose for the first time this year on speculation the central bank will cut banks’ reserve-requirement ratios as early as today to boost lending to small companies hurt by a cash crunch. >>> Read more
Outbound direct investment (ODI) for 2011-15 is expected to register double-digit annual growth to reach $560 billion, matching the nation’s foreign direct investment (FDI), a statement from the Ministry of Commerce said. >>> Read more
