Chinese local governments embraced a new approach to support state-owned enterprises (SOEs) facing financial difficulties, with market-oriented moves more likely than direct fiscal support, Moody's Investors Service said on Wednesday.
Deepening fundamental reforms of China's state-owned enterprises (SOEs) is key to cutting industrial overcapacity, according to experts.
Chinese centrally-administered state-owned enterprises (SOEs) reported better financial performances in the first half of 2016 as the market-oriented reform measures began to take effect, said the country's top regulator of SOEs Thursday.
China is carrying out a new round of reforms on its torpid state-owned enterprises (SOEs) and pushing local governments to support private firms.
China's state-owned enterprises (SOEs) are accelerating the pace in developing overseas businesses, according to a report delivered to the country's top legislature Thursday.
When investors place their bets in the A-share market this week, one of the key factors they would weigh is the progress of the reform and restructuring of the country's loss-making State-owned enterprises, analysts said.
China's foreign exchange reserves continued to rise in April, official data showed on Sunday, as the dollar fell against other major currencies.China's foreign exchange
China's market-guiding body made up of officials from the central bank on Friday stressed the importance of curbing extreme exchange rate fluctuations of the yuan, afte
Chinese Premier Li Qiang, also a member of the Standing Committee of the Political Bureau of the Communist Party of China Central Committee, has urged efforts to boost
China's foreign trade has shown a relatively stable growth trend, with total imports and exports expanding 5.8 percent year on year to 13.32 trillion yuan ($1.94 trilli
Military expenditure in Europe has seen its sharpest year-on-year rise in at least 30 years due to the conflict between Russia and Ukraine, according to a report recent
Iranian Supreme Leader Ali Khamenei said on Saturday the expansion of cooperation between Iran and Iraq and the implementation of previously signed bilateral agreements
A two percent net decrease in current employment, or 14 million jobs, will happen in the next five years, according to a survey of employers published on Monday by the
Hundreds of Japanese citizens took to the streets in the Japanese city of Hiroshima over the weekend to protest against the upcoming Group of Seven (G7) summit.Protests
Recent bank failures in the U.S. are combining with the Fed's continued rate hikes to cause volatility in the country's financial sector. That's according to leading ec
United Nations Secretary-General Antonio Guterres called for an immediate end to violence in Sudan after meeting Burundian President Evariste Ndayishimiye in Bujumbura,
Theranos founder Elizabeth Holmes will begin serving her prison sentence on May 30 for defrauding investors in the failed blood-testing startup once valued at $9 billio
Ukrainian President Volodymyr Zelenskyy has reached agreements with the leaders of Italy, Germany, France and Britain on providing fresh defense aid for Kiev, Zelenskyy
China will continue to play a constructive role in the political settlement of the Ukraine crisis, Chinese Foreign Ministry Spokesperson Mao Ning said at a regular pres
The U.S. Federal Reserve (Fed) raised interest rates by 25 basis points to between 5 percent and 5.25 percent on May 3rd, which is the tenth increase since March last y
Chinese State Councilor and Foreign Minister Qin Gang on Wednesday called for closer exchanges with France in all levels, while urging a more open market for each other
Chinese President Xi Jinping on Friday stressed accelerating the building of a modern industrial system underpinned by the real economy, and supporting Chinese moderniz
Author: Prof. Engr. Zamir Ahmed Awan, Founding Chair GSRRA, Sinologist (ex-Diplomat), Editor, Analyst, and Non-Resident Fellow of CCG (Center for China and Globalizatio
Türkiye is heading toward a likely runoff presidential election as neither candidate looks set to surpass the 50-percent threshold of the votes needed to win outright,
Senior Communist Party of China (CPC) official Cai Qi held talks with Roberto Morales Ojeda, member of the Political Bureau and secretary of organization of the Communi