China's Baosteel posts drop in 2014 net profit
Chinese industrial giant Baosteel posted a 0.45 per cent fall in its 2014 net profit to 5.792 billion yuan, reflecting a general slowing in the world’s second largest economy."The steel sector remains...
View ArticleTrade on agenda at China forum
Trade with China and a new investment bank will be on the agenda for government and Labor figures attending the Boao Forum.Governor-General Peter Cosgrove will be the most senior Australian...
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Foreign investors are overlooking a quiet Chinese revolution
EconomyChinaAntony DapiranThis week, China approved the formation of three new free-trade zones, or FTZs. Tianjin, Guangdong and Fujian will join Shanghai in establishing the zones (China to set more...
View ArticlePetroChina profit slumps in 2014
Chinese energy firm PetroChina says its net profit slumped 17 per cent in 2014 from a year earlier as international crude oil prices plunged in the second half.Net profit was 107.17 billion yuan...
View ArticleChina's biggest lender lifts profit 5% in 2014
The Industrial and Commercial Bank of China (ICBC), the country's biggest lender, eked out a five per cent gain in net profit last year.Net profit was 275.81 billion yuan ($A57.64 billion) in 2014, up...
View ArticleNo capital flight problem: Beijing
A senior Chinese foreign-exchange regulator on Thursday played down concerns over a weaker yuan and capital flight, saying the local currency remained strong and capital was flowing into China, not...
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The truth about development banks
PoliticsInternational NewsJulian SnelderLowy InterpreterFirst, let's get past the histrionics over the Asian Infrastructure Investment Bank. Beijing undoubtedly has scored a symbolic diplomatic win...
View ArticleTwiggy stands by cartel comment
Fortescue Metals chairman Andrew "Twiggy" Forrest has stood by his controversial and possibly illegal call for a cap on iron ore production to push prices up.The comments at a Shanghai business dinner...
View ArticleBank of China posts slower profit growth amid rising bad loans
BEIJING—Bank of China Ltd. became the second major Chinese state lender this week to post its slowest annual profit growth as a publicly traded company, as the industry grapples with a slowing economy...
View ArticleSmithfield Foods profit soars, buoyed by packaged meats sales
Smithfield Foods Inc. said its fourth-quarter earnings surged as the pork processor continued to benefit from strong demand for bacon and other packaged meats products.The largest hog producer and pork...
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Learning from Singapore: the great Chinese experiment
EconomyChinaPeter CaiClick here to subscribe to the China Spectator daily newsletter.When the Chinese edition of “Lee Kuan Yew: The Grandmaster’s insights on China, The United States and the World” was...
View ArticleEU imposes duties on China, Taiwan steel
The European Union says it will impose anti-dumping duties for six months on some steel imports from China and Taiwan as a new trade row erupted between Brussels and Beijing.The tariffs will affect...
View ArticleChina ends guessing game on AIIB
China has put an end to some of the guessing about the new bank it is setting up to promote infrastructure investment around the Asian region. It said the Asian Infrastructure Investment Bank, or the...
View ArticleChina unveils manufacturing boost
China's State Council, or the cabinet, said on Wednesday it will use tax and financial aid to boost the country's manufacturing sector, targeting specific industries that are seen as having strong...
View ArticleChina Agricultural Bank profit lifts 7.9%
The Agricultural Bank of China, one of the country's "Big Four" state-owned banks, says its net profit rose just 7.9 per cent year-on-year in 2014 due to the weak domestic economy.Net profit was 179.46...
View ArticleChina bank decision in days: Abbott
Tony Abbott is holding last-minute talks with trade partners before Australia enters formal negotiations on a new China-led infrastructure bank.Cabinet is understood to have conditionally approved...
View ArticleBaird refuses to give China trip details
Premier Mike Baird is refusing to give details of his trade tour to China amid accusations from Labor and unions that he is planning to sell NSW power assets to Chinese investors.Mr Baird was...
View ArticleASIO view needed on China deal: Foley
Labor leader Luke Foley says ASIO should be consulted before any deal with a foreign government to buy into the NSW electricity network.Mr Foley has continued to attack the Baird government's plans to...
View ArticleChina new stock trading accounts hit 8-year high
China's bull market continued its wild ride yesterday, with the Shanghai index completing a 10-day winning streak for the first time in over 20 years. The combined volume of trade on both the Shanghai...
View ArticleChina facing deflation risk
One of China’s most prominent economists Cai Hongbin, has warned of the risk of deflation in China as the world’s second largest economy faces severe downward pressure this year.Professor Cai, the head...
View Article![Cloonee, Yandel & ATLAC – Movimiento – Single [iTunes Plus M4A]](http://i.imgur.com/Q8tO40p.jpeg)
