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China retail sales growth softens as industrial production steady

China’s retail sales softened as industrial production and investment held more or less steady in spite of a weaker showing from exports last month. Industrial production rose 6.1 per cent…

China braced for steel backlash from US and EU

Beijing is bracing for a US and European backlash against Chinese steel, as the rise of Donald Trump threatens to escalate overseas opposition to a domestic industry that accounts for…

Beijing reacts cautiously to Trump triumph

The Chinese government’s muted reaction to Donald Trump’s victory in the US presidential election belied a result that threatens to upend decades-old policy certainties in the region, with far-reaching consequences…

Brussels moves to strengthen China steel tariffs

Brussels is taking fresh steps to unblock resistance in EU member states to higher US-style duties on steel allegedly dumped in European markets by China. The attempt to revive a…

China tries chequebook diplomacy in Southeast Asia

Cannons blasted the frigid air of Tiananmen Square with a 21-gun salute last week, as China feted Malaysian Prime Minister Najib Razak during a five-day visit. Mr Najib inspected a…

China FX reserve suffer biggest drop since January

China’s foreign exchange reserves have slumped to their lowest level since 2011, suffering their worst monthly decline since the start of the year amid increasing concerns over an acceleration of…

China replaces finance minister Lou Jiwei

China has replaced its finance minister, removing one of the country’s most outspoken reformists at a time of global concern over its economic slowdown. Lou Jiwei will be replaced by Xiao…

Resistance to China’s acquisition spree stiffens

Chinese companies scouring the world to buy technology, brands and multinational corporations have sparked a significant trend this year. The scale is impressive. The value of Chinese overseas acquisitions announced…

Offshore renminbi drops to record low

The pressure’s piling on China’s currency. The country’s offshore renminbi fell to a record low against the US dollar on Monday after policymakers in Beijing allowed the onshore rate to…

Offshore renminbi flirts with record low

China’s offshore renminbi was within a whisker of chalking up a record low on Monday. Triggering the move was the People’s Bank of China’s decision to fix the daily level…