Premier Li Keqiang delivered the Government Work report to the third session of the 13th National People’s Congress today. China will work to make sure they are achieving their development goals of winning the battle against financial condition and completing the building of a moderately prosperous society in all respects this year, though setting no […]
Investors in China seemed content with existing government measures to support the country’s slumping economy. But they are now calling for more stimulus. Judging by the lack of conviction in Chinese financial markets, the outcome of this month’s key policy meetings may be the deciding factor for investors. While volatility in stocks and the yuan […]
Shanghai: SSE Composite Index (.SSEC) dull before the data release China’s stocks advanced as traders looked past data showing the economy contracted for the first time since at least 1992. The Shanghai Composite Index was up 0.7% at 2:21 p.m. local time, with a broad range of shares climbing. The yuan traded little changed after […]
Shanghai: SSE Composite Index (.SSEC) May Take Further Damage The China stock market headed south again on Wednesday, one day after it had ended the two-day slide in which it had retreated more than 40 points or 1.5 percent. The Shanghai Composite Index now rests just above the 2,810-point plateau and the losses may accelerate […]