Asia Top News and Analysis China

  • BEIJING, Aug 24- China's top economic planner is set to audit 1.8 trillion yuan in special construction funds that were part of a massive program introduced last year to help stabilize the economy, 21th century business herald said. The move by the National Development and Reform Commission comes as Beijing is ramping up fiscal spending and launching a flurry...

  • Chinese President Xi Jinping (R) shakes hands with South African President Jacob Zuma (L) at The Great Hall Of The People on September 4, 2015 in Beijing, China.

    The ANC's look to China for answers is not that surprising, considering South Africa's current economic and political climate.

  • *HK-> Shanghai Connect daily quota used 1 pct, Shanghai-> HK daily quota used 5.7 pct. BEIJING, Aug 24- China stocks were down modestly at the lunch break on Wednesday with the blue-chip CSI 300 index edging down marginally, dragged by financial shares amid receding expectations of further aggressive monetary easings. The CSI300 index, which tracks the largest listed...

  • BEIJING— On a seaside field south of Shanghai, workers are constructing a nuclear reactor that is the flagship for Beijing's ambition to compete with the United States, France and Russia as an exporter of atomic power technology. Still, experts say Beijing underestimates how tough it will be for its novice nuclear exporters to sell abroad.

  • *Investors in China warehouses include Warburg Pincus, Carlyle. *China online shopping revenues expected to hit $1.1 trln in 2018. "The thinking was even if it didn't necessarily scale to the size we were anticipating, we had a good sense that while Boston is a pretty decent size city in the U.S., China should have far more modern warehousing space over the longer term,"...

  • Anti-China Sentiment

    Philippines President Rodrigo Duterte is just focusing on domestic issues while postponing the South China Sea issue, says Independent Economist Andy Xie.

  • *Beijing tax evasion clampdown raises demand fears. SINGAPORE, Aug 24- Oil prices fell early on Wednesday as an unexpected build in U.S. crude stocks weighed on markets, along with concerns that Chinese crude demand could falter as Beijing clamps down on alleged tax evasion in the oil industry. International Brent crude oil futures were trading at $49.57 a barrel...

  • PBOC Yuan

    There are certain Chinese sectors that are seeing a concentration of inflows, notes BNP Paribas Investment Partners' Arthur Kwong.

  • Black Monday

    The problems that led to the Chinese stock market sell-off one year ago have not gone away, says independent economist Andy Xie.

  • SZ Connect

    The SZ stock connect is one in a series of market reforms that are consistent in direction but inconsistent in pace, says JPMorgan AM's Michael Falcon.

  • **JOHANNESBURG- South African Finance Minister Pravin Gordhan take part in a debate on the economy- 1700 GMT. **PRETORIA- South African Reserve Bank Conference on Collaboration for Building Cyber Resilience. Bank of England's Executive Director for Resolution Andrew Gracie to speak- 0615 GMT.

  • Bank of England's Executive Director for Resolution Andrew Gracie to speak- 0615 GMT. JACKSON HOLE, WYOMING, United States- Bank of England's Deputy Governor for Markets and Banking Nemat Shafik to participate in a panel discussion titled "Adapting to Changes in the Financial Market Landscape"- 1450 GMT. FRIDAY, AUGUST 26 JACKSON HOLE, WYOMING, United States-...

  • *Chinese firms in running for K-Electric. SINGAPORE/ ISLAMABAD, Aug 24- Chinese state-backed firms are frontrunners to buy a $1.5 billion controlling stake in Pakistani utility K-Electric, sources said, as they bet the benefits of a Beijing- led economic corridor will trump the risks of investing in Pakistan. "The China-Pakistan Economic Corridor is the main...

  • *Investors in China warehouses include Warburg Pincus, Carlyle. *China online shopping revenues expected to hit $1.1 trln in 2018. "The thinking was even if it didn't necessarily scale to the size we were anticipating, we had a good sense that while Boston is a pretty decent size city in the U.S., China should have far more modern warehousing space over the longer term,"...

  • China Black Monday

    There's been a gradual recovery in Chinese markets since their nadir on August 24 last year, says Macquarie's Erwin Sanft.

  • BEIJING _ China Distance Education Holdings Ltd. on Tuesday reported fiscal third-quarter net income of $7.4 million. The Beijing- based company said it had profit of 22 cents per share. For the current quarter ending in September, China Distance said it expects revenue in the range of $35.6 million to $37.4 million.

  • Commodities tomorrow:

    CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets.

  • The 20-year master franchise agreement is estimated to be worth up to $3-billion.

  • *Dalian Wanda to control 20 pct of global box office before 2020. BEIJING, Aug 23- Real estate and entertainment conglomerate Dalian Wanda Group Co expects to seal two billion-dollar film-related deals in the United States this year, chairman Wang Jianlin said on Tuesday, as China's richest man steps up his push into Hollywood. In January, Wang splashed $3.5...

  • BEIJING _ Sinovac Biotech Ltd. on Tuesday reported a second-quarter loss of $9.6 million, after reporting a profit in the same period a year earlier. On a per-share basis, the Beijing- based company said it had a loss of 17 cents. This story was generated by Automated Insights using data from Zacks Investment Research.