Economic review

World's largest seafood market moving for 2020 Tokyo Olympics

2017-07-27 14:44:00

Tsukiji, the world’s largest wholesale seafood market, is once again scheduled to be relocated for the 2020 Tokyo Olympic Games. The move has been postponed for months during testing of soil contaminant levels at the new fish market site located on a man- Full Story

New Zealand dairy sales to China boost exports

2017-07-27 13:47:00

New Zealand dairy exports to China were up 102 percent in value to reach 373 million NZ dollars (277 million U.S. dollars) in June, and up 63 percent in quantity, which boosts the country's exports, its statistics department Stats NZ said on Wednesday. Full Story

China central bank injects money into market

2017-07-27 13:41:00

China's central bank conducted cash injection via open market operations to ease liquidity on Thursday. Full Story

Belt and Road Initiative will attract more FDI into Sri Lanka: experts

2017-07-27 13:19:00

Sri Lanka's participation in China-proposed Belt and Road Initiative will boost the country's economy and help it attract more foreign direct investment (FDI), participants of the "Sri Lanka Economic Summit 2017" have said. Full Story

Beijing-Shanghai bullet train to run faster from September

2017-07-27 13:09:00

China's next-generation bullet train will start running at 350 kilometers per hour between Beijing and Shanghai in September, cutting the journey by about 30 minutes, the People's Daily reported Thursday. Full Story

China's micro-credit firms extend more new yuan loans

2017-07-27 10:42:00

China's micro-credit companies extended 31.3 billion yuan (4.6 billion U.S. dollars) of new yuan-denominated loans in the first half of the year, central bank data showed Wednesday. Full Story

China's gaming sales up 26.7 pct in H1

2017-07-27 10:40:00

China'a gaming market sales revenue hit 99.78 billion yuan (14.8 billion U.S. dollars) in the first half of 2017, up 26.7 percent year on year, according to a report released Wednesday. Full Story

China to cut power use cost by nearly 100 bln yuan this year

2017-07-27 10:27:00

China's top economic planner said Wednesday that the country's power use cost would be reduced by nearly 100 billion yuan (14.8 billion U.S. dollars) this year due to pricing reforms and fee cancellation. Full Story

Britain to ban new gasoline, diesel cars from 2040, gov't says

2017-07-27 10:16:00

New cars powered by gasoline or diesel fuels will be banned in Britain from 2040, the government announced Wednesday. Full Story

China's industrial profits up 22 pct in H1

2017-07-27 10:14:00

China's major industrial firms posted steady profit growth in the first half of the year, further evidence of firming strength in the economy, official data showed Thursday. Full Story