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  • Bay Area expected to unleash power
    Vice-Premier Han Zheng said that the development of the Guangdong-Hong Kong-Macao Greater Bay Area must fully utilize the advantages of the "one country, two systems" principle.

China and the idea of free trade
By adopting an open policy favoring free trade, globalization and multilateralism, China is filling a vacuum left by American abdication of its former leading role in this regard.

A trade war will cut US living standards
This essay illustrates why we can expect the 2nd half of 2018 and early 2019 to be the optimal economic time for the Trump administration to put trade pressure on China.
Goal for GDP growth to be met this year
China will keep its economic growth within a reasonable range in the year's second half, and will ensure that its full-year growth target is achieved despite the ongoing China-US trade disputes and the country's debt-reduction initiatives, according to the nation's top economic regulator.
Commercial banks to help ease economic slowdown pressure
China's 260-trillion-yuan ($37.67 trillion) banking sector, the world's largest by assets, has once again been assigned a heavy responsibility in easing the economic slowdown pressure. But this time they should consider more factors before taking action, said analysts.
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IndexLatestChange Time
             month/day
           
HSI    27752.93 -0.66%08/15
NIkkei

22203.42

-0.68%

08/15
Dow Jones25299.92

+0.45% 

08/14
Nasdaq

 7870.89

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2839.96 

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Currencies
RMB Exchange Rates Aug. 16, 2018
Issued by State Administration of Foreign Exchanges


Currency (Unit:100)RMB


US dollar689.46   


Euro782.85   


Japanese yen

6.243    



HK dollar

87.837 



British pound876.34   



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