Bloomberg China has surpassed the United States for the first time since 2003 to be the world’s largest recipient of global foreign direct investment in the first half of 2012, showing that global investors are still confident in the world’s second-largest...
China Daily The volume of outstanding trade financing between banks and China’s exporters and importers amounted to 2.96 trillion yuan ($469 billion) at the end of September, 34.2 percent higher than a year earlier, according to new official data. The percentage...
The Globe and Mail The RCMP is formally assessing whether to pursue a full-blown investigation of Silvercorp Metals Inc. after a Globe and Mail story showed the Vancouver company may be helping pay for a police probe against its detractors in China. > Read...
The Globe and Mail China said on Wednesday it will pay export tax rebates faster and grant more loans to exporters, as well as increase export credit insurance to small companies, in the latest move to prop up growth in the world’s second-largest economy. > Read...
China Daily The State Council, China’s cabinet, approved on Wednesday a raft of measures to stabilize growth in foreign trade. The government will speed up the process of export tax rebates for companies and make sure payments are given accurately and timely,...
China Daily China’s economy is in the process of soft landing and the International Monetary Fund supports policy easing by the government to stabilize growth in the world’s second largest economy, IMF Deputy Managing Director Zhu Min said Tuesday. >...
