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China Economy Slips to Record Low Growth

David Qu and Qian Wan, Bloomberg Economics Fixed asset investment ... A fiscal stimulus plan including about two trillion yuan ($291 billion) of tax cuts is slowly feeding through into the economy. ...
Posted: July 14, 2019, 7:02 pm

Meet CMIG, the Chinese Group Dicing With Default

Setting out with 50 billion yuan ($7.3 billion) in capital and a mandate to help ... Back in 2014, British Prime Minister David Cameron welcomed CMIG’s plan to invest $1.5 billion in the U.K. and open ...
Posted: July 19, 2019, 4:03 am

Logistics unit of JD raises 1.5 billion yuan investment fund

SHANGHAI (Reuters) - Chinese e-commerce giant JD.com's logistics division has raised a 1.5 billion yuan ($218 million ... (Reporting by Josh Horwitz, editing by David Evans) ...
Posted: June 24, 2019, 4:10 am

China pension surplus exceeds $700 bln in H1 - official

with payouts at 1.6 billion yuan over the period. China is also transferring 10% of government holdings in state-owned firms to pension funds starting from this year, the cabinet said this month. ...
Posted: July 19, 2019, 7:48 pm

China Southern Airlines to receive $4 billion capital injection

Its profits slumped nearly 50% last year as a result of rising fuel costs and a weak yuan currency. ($1 = 6.8812 yuan) (Reporting by David Stanway; Editing by Himani Sarkar) ...
Posted: July 19, 2019, 10:55 pm
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