China economic growth sputters in August, more support measures seen

Last Updated: Sunday, September 13, 2015, 16:05

The downbeat data came on the heels of weak trade and inflation readings, raising the chances that third-quarter economic growth may dip below 7 percent for the first time since the global crisis.

Taxi app GrabTaxi raises $350 mn from CIC, investors

Last Updated: Wednesday, August 19, 2015, 12:20

Other investors include hedge fund Coatue Management LLC and China`s mobile car-ride hailing company Didi Kuaidi, said GrabTaxi, which competes with Uber Technologies Inc.

China to accelerate railway investment

Last Updated: Monday, August 17, 2015, 11:40

On Monday, China`s northernmost high-speed railway started operation in Heilongjiang Province. The trip from Harbin City, the provincial capital, to Qiqihar City was reduced from three hours to 85 minutes, reported Xinhua.

China may invest $500 bn pension fund into stockmarket

Last Updated: Tuesday, June 30, 2015, 13:17

China may invest its huge USD 500 billion pension fund into the volatile stock market, a move officials say will keep up its value and improve management as the world's second largest economy faces challenges arising out of growing ageing population.

China's economy shows little improvement in May, investment growth sinks to 15-year low

Last Updated: Thursday, June 11, 2015, 16:06

Economists at the central bank said this week they expect growth to pick up modestly in the next six months as previous policy easing measures start to take effect and the housing market stabilises.

China, Brazil unveil multibillion trade, investment deals

Last Updated: Tuesday, May 19, 2015, 23:55

Chinese Premier Li Keqiang lifted the wraps Tuesday on a multibillion series of trade and investment deals with Brazil, as Beijing looks to invest some $50 billion in South America`s largest economy.

Chinese companies to set up units at GMR SEZ, to invest $3.5 bn

Last Updated: Monday, May 18, 2015, 12:32

GMR Infrastructure Monday said it has inked pact with Guizhou International Investment Corp (GiIC), a consortium of three Chinese manufacturing firms, to set up units at its SEZ in Kakinada, a move that will see USD 3.5 billion worth of investments in the next 5 years.

Chinese investment in Pakistan neither loan nor grant: Sharif

Last Updated: Wednesday, April 29, 2015, 19:06

Pakistan Prime Minister Nawaz Sharif has said the money being spent by China in Pakistan is not a loan or grant but an investment, a media report said on Wednesday.

China's Q1 economic growth seen at six-year low of 7%

Last Updated: Thursday, April 9, 2015, 15:10

China`s economy probably cooled further to grow 7 percent in the first three months of the year, a Reuters poll showed, which would be the weakest pace in six years and raise pressure on policymakers to do more to bolster growth.

USD 40 billion Silk Road fund no 'aid agency', says China

Last Updated: Thursday, March 12, 2015, 17:06

China today said its USD 40 billion Silk Road fund which will start investments soon is not an "aid agency" and will only finance projects with "reasonable returns", playing down expectations especially among small countries looking to obtain cheap funding for their ventures.

China eyes new investment plan for $497 bn pension fund

Last Updated: Tuesday, March 10, 2015, 18:45

China is mulling a diversified investment plan for its whopping USD 497 billion pension fund to boost its value, amid worries about the low returns over the past years, a senior Chinese official Tuesday.

China unveils fresh support measures as economy shows renewed weakness

Last Updated: Friday, January 16, 2015, 12:31

China announced fresh support measures on Friday for its slowing economy after data showed a worrying drop in bank lending and foreign investment growth falling to a two-year low.