China

Chinese Brokerages Plough Tens of Billions of Yuan to Improve the Stock Market

Chinese Brokerages Plough Tens of Billions of Yuan to Improve the Stock MarketThe Chinese government introduced further financial stimulus to pump in some agility in the economy.

Volatility Continues in the Chinese Indices with Little Sign of Relief

Volatility Continues in the Chinese Indices with Little Sign of Relief What can be termed as, a rocky week for the Asian market, ended with the Chinese equities falling greater than seven percent during the early trading hours. The equities were selling off with worries of weekend referendum on the Greek debt woes.

In Six Months China Cuts Its Interest Rate for the Third Time

In Six Months China Cuts Its Interest Rate for the Third TimeIn the last six month's China cut its interest rates thrice once on November 22, second time on March 1 and again on May 10.

Peter Gardner New Zealand-born Australian Undergoes Trial for Drug Smuggling in China

Peter Gardner New Zealand-born Australian Undergoes Trial for Drug Smuggling in China Peter Gardner, 25, a New Zealand-born Australian is facing trial in the Chinese city of Guangzhou for smuggling drugs.

The man was detained in Guangzhou on November 8, at the airport where he was discovered to be carrying thirty kilograms of methamphetamine.

Chinese President Xi Jinping Visiting Pakistan in April

Chinese President Xi Jinping Visiting Pakistan in AprilXi Jinping, the President of China will be visiting Pakistan for two days for what is seen as an effort to strengthen the political and economic ties among the two countries. He will arrive in Pakistan on April 20, Monday and will be staying there on Tuesday before leaving for Indonesia.

Profit Margins of China Businesses Hurt with Growing Labour Costs and Taxes

Profit Margins of China Businesses Hurt with Growing Labour Costs and TaxesThe businessmen of China are facing major hurdles in the road to profitability. Zhu Zhangjin, an owner of a furniture factory in China, the interest rates on borrowings is one of the major road blocks to profitability along with the growing taxes and rates of labours. Zhu says, "It really hurts manufacturing businesses where profit margins are already thin."

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