The Shenzhen-Hong Kong Stock Connect, the second link between the mainland and Hong Kong bourses, was launched on Monday.
Macro
China's consumer price index (CPI), a main gauge of inflation, grew 2.3 percent year on year in November, up from October's 2.1 percent, the National Bureau of Statistics (NBS) announced Friday.
Companies
-
On Tuesday Alipay, the payment service of China's e-commerce powerhouse Alibaba, announced that it has extended its service to the northernmost part of the world: the Santa Claus Village in Lapland, Finland.
-
Apple announced it will partner with Goldwind, the world's largest wind turbine maker, in projects in China that will produce 285 megawatts of wind power.
In-depth
The landmark establishment of China Baowu Steel Group in December, the world's second largest steelmaker by annual output, wrapped up a year of bold reorganizations of Chinese state-owned enterprises (SOEs).
Since entering the World Trade Organization (WTO) 15 years ago, China has witnessed robust economic growth, and an increasingly prosperous China has created significant opportunities for countries around the world.
Financial experts have weighed in to point out that the depreciation is, in essence, a self-correction, and the yuan will continue to remain stable.






