Tag: GDP

27 PROVINCES RELEASE SEMIYEARLY GDP FIGURES WITH TIBET AND CHONGQING LEADING THE GROWTH

Tibet and Chongqing came at the top of 27 Chinese provinces and municipalities that had released interim GDP growth figures as of Wednesday. Both reached a 10.6% growth, up 3.9 percent points from the national…


FINTS MORNING BRIEF (20 JULY 2016)

At a meeting on non-governmental investment, Primer Li Keqiang calls for more forceful guidance to channel social capital away from sectors distressed by over capacity The Shanghai Stock Exchanges is set to extend trading hours…


HONG KONG AND SHANGHAI STOCKS RALLY ON MORE STIMULUS POLICY

Hong Kong and Shanghai stocks closed up on Monday after soft inflation data released over the weekend heightened expectations that China’s central bank may roll out more stimulus policies in the second half of the…


CHINA LOOKS TO IMPROVE GDP MEASUREMENT BY INCLUDING SHARING ECONOMY

Chinese statisticians are looking into ways to adjust GDP calculation which would incorporate a sharing economy, mainly led by mobile apps widely used by Chinese consumers such as Uber and Airbnb. Xu Xianchun, deputy head…


China vows to unveil business potential in private investment over ill-disposed surmise

China’s fiscal deficit taking into account extra-budgetary spending is expected to exceed 10% of its GDP in 2016, three times that of the government’s previously stated 3% in Mar 2016, said economists at UBS Group…