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China Business Watch
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LATEST CHINA NEWS

A major Trump economic policy is happening right before our eyes — and it's a disaster

Donald Trump has been a bit light on policy proposals, especially when it comes to the economy. He has said, however, that as president he would raise tariffs on Chinese go...

CBRC acts to control US$93b P2P sector as 50% of sites face woes

China’s banking regulator unveiled aggressive measures to restrain the country’s fast expanding peer-to-peer lending sector yesterday, warning that almost half of the 2,000-odd online lending p...

COFCO buys rest of commodity trader Nidera

CHINA’S state-owned grain giant COFCO will buy out minority shareholders in Netherlands-based commodity trader Nidera and take full ownership of the company, it said, as it seeks to become an agr...

PetroChina sees net profit dive 98% in H1

NET profit of PetroChina, the country’s biggest oil producer, plunged 97.9 percent in the first half of this year, the company said yesterday, as it struggled with a weak domestic economy and low...

China to start fiscal reforms

China will kickstart fiscal reforms in areas of national defense and basic public services this year, with plans to focus on education, healthcare and environmental protection in 2017-2018, the Sta...

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