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China steps on the gas to spark economy, Aug fiscal spending jumps 26%

Last Updated: Tuesday, September 15, 2015, 10:55

China cranked up its fiscal spending by 26 percent in August from a year earlier as Beijing tries to re-energise flagging economic growth and convince reluctant local officials to spend.

China seizes up to $157 bn of unspent local govt budgets: Sources

Last Updated: Monday, September 14, 2015, 18:15

Angry Chinese authorities have seized up to 1 trillion yuan ($157 billion) from local governments who failed to spend their budget allocations, sources said, as Beijing seek ways to stimulate economic growth which is at its slowest for 25 years.

Chinese relalty firm Dalian Wanda Group seeks govt help to build township in Haryana

Last Updated: Monday, September 14, 2015, 14:42

Wanda Group seeks to acquire 100 square kilometre of land in two parcels in Haryana to develop an industrial zone and township.

China retail sales up 10.8%

Last Updated: Sunday, September 13, 2015, 16:08

Sales in rural areas rose 11.9 percent in August and 11.7 percent in the January-August period.

China retail sales up 10.8%

Last Updated: Sunday, September 13, 2015, 16:08

Sales in rural areas rose 11.9 percent in August and 11.7 percent in the January-August period.

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. 

German carmakers party under China cloud

Last Updated: Sunday, September 13, 2015, 15:58

For the home team of BMW, Daimler and Volkswagen, as well as European rivals such as PSA Peugeot Citroen, China`s downturn also threatens to weigh on already weak emerging markets and put a damper on recovering demand at home.

China issues state-firm reform plans, expects results by 2020

Last Updated: Sunday, September 13, 2015, 15:55

The guidelines, jointly issued by the Communist Party`s Central Committee and the State Council, China`s cabinet, will help improve corporate governance and asset management, the official Xinhua news agency said. 

Yuan devaluation: Sensex fifth largest loser with 7.5% plunge

Last Updated: Friday, September 11, 2015, 18:38

Global markets, including Indian, have been on a downward trend ever since the news of the slowdown in China took centre-stage.

China bank lending falls back in August

Last Updated: Friday, September 11, 2015, 17:08

China`s bank lending retreated in August, the central bank said Friday, after a sharp rise in July when the government directed funds into the stock market.

Global economy Weekahead: Fed to dominate week of central bank meetings

Last Updated: Friday, September 11, 2015, 14:58

The U.S. Federal Reserve takes centre stage in the coming week, eclipsing industry data from China, another grim inflation reading from the euro zone and rate decisions in Japan and Switzerland.

Dell investing $125 billion in China

Last Updated: Thursday, September 10, 2015, 23:00

Computer maker Dell plans to invest USD 125 billion over the next five years in China, the company's second-largest market after the US.