business

China economy to grow 6.6 percent, needs policy support - government think tank
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China economy to grow 6.6 percent, needs policy support – government think tank

BEIJING (Reuters) – China’s economy will grow at about 6.6 percent this year, and will need to be underpinned by policy support in the second half to counter downward pressures, according to the China Academy of Social Sciences (CASS).

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Insight - Lured by hopes of easy money, amateur Chinese commodity traders lose their shirts
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Insight – Lured by hopes of easy money, amateur Chinese commodity traders lose their shirts

SHANGHAI/BEIJING (Reuters) – Chasing the promise of outsized returns, 48-year-old businessman He Xiaolun started trading oil last August on a platform developed by the Shaanxi Non-ferrous Metal Exchange.

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Making Capitalism in China: The Taiwan Connection
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Making Capitalism in China: The Taiwan Connection

Even as relations between Taiwan and the People’s Republic of China continue to be strained, investment by Taiwanese businesses in China is growing every year.

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