China
China likely to tap private capital to build inter-city rail system
China likely to tap private capital to build inter-city rail system
Construction was previously dominated by the Ministry of Railway.
Triple reserve requirement ratio cuts loom in China
China should brace itself for three slashes of 50bps each and another interest rate cut of 25bps in 2012.
Premier Wen Jiabao gets tax cut 'wish list' from firms
To further support China’s economic growth, level of policy fine-tuning will also be slightly increased.
China Q2 GDP drops by 1.9 percentage points YoY
But investment picked up by 23.2% in June, suggesting a stronger sector amid policy easing.
Chinese flocking to Australia for luxury and leisure
The shorter flights coupled with a wealth of luxury brands and casinos helped push it ahead of Europe as the top tourist destination.
China inflation hits 29-month low at 2.2%YoY
Thanks to the 3.8% slowdown in food prices.
Policy easing triggers surge in China's new RMB loans
RMB loans rising by 16% to RMB919.8 in June reinforces hopes of economic rebound in H2.
China 2Q12 GDP projected to register 7.9%
Growth momentum has been clearly decelerating in 2Q12, says DBS, as evidenced by dampening external demand and slower fixed asset investment growth.
China’s trade surplus now at US$31.7b
Imports in June slowed more than expected while exports remained steady.
China imports shrink to 6.3% in June
Exports dropped as well to 11.3%.
China inflation sharply dips to 2.2%
PPI dropped as well to -2.1% y-o-y from -1.4% in May.
China further slashes lending rate by 31bp
But what came as a major surprise was that banks were allowed to set their lending rate as much as 70% lower than the limit.
China cuts benchmark one-year lending and deposit rates
The move aims at shoring up weakening loan demand seen lately, says DBS.
China to suffer labor shortage woes
China's rural surplus labor dipped to just 0.4% or 6 million of the total population, a study reveals.
China reiterates push for local firms to expand overseas
China is also supporting key private owned companies to issue dim sum bond or foreign currencies bond in the offshore market.
China reserve requirement ratio to be slashed anytime soon: Maybank
Here are three reasons why an RRR cut is inevitable in China.
Chinese PMI close to bottoming out
The purchasing managers' index for both non-manufacturing and manufacturing services may be stabilizing, says BBVA.
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