Biz China Weekly

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China Focus: China's consumer inflation weakens, rate hike unlikely

China's consumer inflation eased sharply in February after price distortions created by the festival season faded, leaving the central bank with leeway on interest rate policy.

Economy

The Chinese government has gained trust of the majority public, and its macroeconomic governance is injecting momentum to global development.

Financials

  • China has moved to channel more energy into risk control in its financial sector after the slowing economy showed more signs of warming.

  • China reassured the world the renminbi exchange rate would liberalize and that it would never wage a trade war to devalue the yuan to boost exports.

In-depth

On the International Women's Day, department stores, shopping malls and online shopping sites in China are readying themselves for the holiday to attract women and get them to spend money.

China is home to more than 220 million people over the age of 60 in China, or 16.1 percent of the population, and the numbers are growing.

China's tech industry development plan released nearly two years ago has unexpectedly become the target of finger-pointing this week.