China scraps dividend tax for long-term investors
Chinese investors holding a stock for more than one year will be exempted from a 5-percent dividend tax from Tuesday, a move aimed at boosting long term investment following recent stock market collapse in the world's second biggest economy.
Sep 08, 2015, 18:15 PM IST
Currency devaluation raises question on China's strength: Rajan
Terming devaluation of currencies as a "worrisome trend", RBI Governor Raghuram Rajan on Thursday said China's move to devalue its currency and to protect its stock markets raise questions about the 'true strength' of the world's second largest economy.
Aug 20, 2015, 12:46 PM IST
China's long march to currency reform takes a step forward
China's currency devaluation is a step in the long march to a more open regime for the yuan, analysts say, but authorities will need to further loosen their controls to promote long-term growth.
Aug 14, 2015, 23:51 PM IST
China consumer inflation rises to 1.6% in July
Consumer inflation in China rose to 1.6 percent in July, the government said Sunday, as downward pressure on prices eased further in the world`s second-largest economy.
Aug 09, 2015, 10:17 AM IST
China July factory growth unexpectedly stalls
Growth at China`s big manufacturing companies unexpectedly stalled in July as demand at home and abroad weakened, an official survey showed on Saturday, reinforcing views that the economy needs more stimulus as it faces fresh risks from a stock market slump.
Aug 01, 2015, 09:13 AM IST
World Bank removes critical section from China report
The World Bank has removed a sharply critical portion from a recently released report on China's economy that called for reform of its financial system, saying the section had not been adequately reviewed and that its wording was inappropriate.
Jul 05, 2015, 20:37 PM IST
China's services activity slows to 5-month low
Activity in China`s services sector slowed to its lowest in five months in June, a private survey showed on Friday, suggesting the economy still needs further policy support despite some signs of steadying.
Jul 03, 2015, 09:30 AM IST
China cuts interest rates again to support economy
China's central bank cut its benchmark lending rates by 25 basis points to 4.85 percent on Saturday, the fourth reduction since November, as it gears up to lower borrowing costs and support a slowing economy.
Jun 27, 2015, 16:18 PM IST
China's economy to grow by 6.93% in Q2
China`s economy will grow by 6.93 percent year-on-year in the second quarter, according to a report.
Jun 27, 2015, 09:46 AM IST
China presses US to invest more in its own economy
Chinese Finance Minister Lou Jiwei called Tuesday on the United States to boost its domestic savings and investment to strengthen growth, including spending to improve infrastructure.
Jun 24, 2015, 09:24 AM IST
FDI into China rises over 10% in April
FDI, which excludes financial sectors, rose 10.5 percent to $9.61 billion, the ministry said, after rises of 2.2 percent in March and only 0.9 percent in February.
May 15, 2015, 09:53 AM IST
China consumer inflation rises to 1.5% in April
Consumer inflation in China rose to 1.5 percent in April, authorities said Saturday, but came in below market forecasts and analysts called for more action to avoid deflation in the world`s second-largest economy.
May 09, 2015, 09:27 AM IST
India to achieve highest GDP growth of 7.9% over next 8 years
India is projected to record average annual growth rates of 7.9 percent over the next eight years, nearly double of China's 4.6 percent projected growth over the period.
May 08, 2015, 09:30 AM IST
China's April exports down 6.4% in sign of economic weakness
China's exports unexpectedly fell 6.4 percent year-on-year in April to USD 176.3 billion, official data showed Friday, adding to signs of weakness in the world`s second-largest economy.
May 08, 2015, 09:23 AM IST
China February inflation jumps to 1.4%
China`s consumer inflation jumped to 1.4 percent in February, rebounding from a more-than-five-year low, official data showed Tuesday, easing concerns about deflation in the world`s second-largest economy.
Mar 10, 2015, 07:39 AM IST
China manufacturing shrinks again in February: Govt
China`s manufacturing activity contracted for the second straight month in February, the government said Sunday, a day after the central bank announced an interest rate cut to help stem a slump in the world`s second-largest economy.
Mar 01, 2015, 08:13 AM IST
India to be world's fastest growing big economy by 2017: World Bank
Fuelled by economic reforms, India is projected to become the world`s fastest growing large economy by 2017 with a growth rate of seven percent, overtaking China along the way, a World Bank report said Tuesday.
Jan 14, 2015, 23:37 PM IST
China admits downward pressures on economy, promises reforms
As China faced mounting pressures by decelerating economy raising doubts whether it could meet this year's official GDP target of 7.5 percent, top leaders Thursday admitted big "downward pressures" and assured to deepen reforms in nine areas to spur growth.
Dec 11, 2014, 22:46 PM IST
China imports fall and export growth slows in November
China's stuttering economy suffered another blow in November as export growth slowed sharply and imports surprisingly contracted, government data showed Monday, resulting in a record monthly trade surplus.
Dec 08, 2014, 22:24 PM IST
'Obama Administration to focus next 2 years on India-US trade ties'
Over the next two years, the Obama Administration would focus significantly on India-US economic and financial partnership and support the reform effort of the Indian government, a US official has said.
Dec 04, 2014, 09:13 AM IST
