China new home prices fall in April: survey

Last Updated: Friday, May 1, 2015, 11:47

The average price in China`s top 10 cities was at 18,961 yuan per square metre, down 3.46 percent from a year ago, it said, accelerating from a decline of 3.19 percent in March.

China cuts bank reserve ratio requirement as growth slows

Last Updated: Sunday, April 19, 2015, 18:14

China`s central bank announced Sunday it would cut the level of funds that commercial banks must hold in reserve by one percentage point, the second such move this year to boost lending.

China's consumer inflation stays at 1.4% in March

Last Updated: Friday, April 10, 2015, 10:55

China`s consumer inflation stayed flat at 1.4 percent in March, while producer prices fell slightly less than projected, official data showed on Friday, keeping pressure on profit margins at Chinese companies as Beijing struggles to stimulate growth.

China's economy to decelerate next year: Central Bank

Last Updated: Monday, December 15, 2014, 20:45

China's GDP growth will decelerate to 7.1 percent next year, the central bank Monday said confirming the slowdown in the world's second-largest economy amid speculation that it would miss this year's official target of 7.4 percent.

China central bank soothes markets with telegraphed cash injections

Last Updated: Tuesday, January 21, 2014, 10:05

China`s money market rates fell sharply on Tuesday after the central bank dumped more than 255 billion yuan into the financial system, easing concerns another credit crunch was underway less than a month after a late December squeeze.

China's banking assets top $16.8 trillion

Last Updated: Saturday, June 9, 2012, 13:05

The number of business outlets of financial institutes totalled 200,000 as of the end of 2011 and the sector's workforce added 111,000 people from a year earlier to reach 3.19 million, said the report on the country's regional financial operation in 2011.