Premier Li Keqiang said the Chinese economy was stable and that reforms would push through as planned.
Tags: China
Temasek Holdings appoints new co-head for China business
Temasek Holdings appointed Dr Wu Yibing as its new co-head for China business effective October 1, 2013.
Shanghai to approve foreign funds to secure investments in China for the first time
Citing sources who were familiar with the matter, the Financial Times reported that Shanghai has approved six foreign hedge funds to raise money from investors within China.
China's biggest construction firm eyes GCC projects
According to CSCEC CEO Yu Tao, the company's experience in building and maintaining housing projects would be key to address the needs of the GCC countries.
China regulators investigate Bayer for unfair competition
Bayer said regulators in China were investigating their local office in the mainland for alleged unfair competition practices.
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Sheryl Sandberg met with the State Council Information Office (SCIO), an Internet regulator, in China yesterday.
Instead of raising funds through the Dim Sum bond market, foreign companies in China opt for cross currency swaps to raise funds for operations.
Sources told Bloomberg that PetroChina Co has set aside USD 10 billion to invest in gas fields in Russia.
China's August inflation data showed that the country's economy is stabilizing after signs of improved export demand and targeted support measures.
The rule increasing the processing time from five to fifteen days was met with waves of complaints as it hinders business operations.
China establishes free trade zone to help liberalize yuan trade. In an expected move, China had issued a directive to allow free exchange of the yuan currency within the borers of its first free trade zone.
The General Administration of Customs registered above projected numbers in terms of overseas shipments.
Bloomberg Businessweek reported that the Bitcoin frenzy had reached China. Bloomberg Businesswee reported that the Bitcoin frenzy had gripped China. The world's second largest economy had become the second largest maker of Bitcoins worldwide, according to data compiled by SourceForge.
Analysts said that though economies in Euro Zone and China were experiencing significant growth spikes in their economies, emerging economies of India, Italy and France are not faring well.
