In continued efforts to liberalize its economy, China is beginning the process of removing the need for preconditioned government approval for offshore corporate bonds. This will help Chinese firms with excess production or reserves to do business over seas. Coupled with the recent pushes for the AIIB, China is clearly looking to expand its already… Continue reading China Relaxes Export Regulations
China has seen a rapid expansion of its high-speed train rails in the last five years. This efficient method of transportation is redefining how both Chinese nationals and tourists travel through China. This obviously also indicates how Chinese infrastructure in and of itself has developed and continued to evolve in a continually changing socioeconomic climate.… Continue reading High Speed Railways Redefining China’s Infrastructure
To add more tension to the ongoing territorial disputes in Asia, China recently commissioned and built three new type 093G nuclear submarines that will be launched soon. These new submarines are faster and quieter than previous Chinese models, and carry the most advanced weapons that China possesses. Although unknown to most people in the world… Continue reading China Builds Three New Nuclear Submarines
The Silk Road Economic Belt is not the only new development project that China is undertaking. China recently revealed plans to improve the infrastructure of central China by planning the construction of city clusters along the Yangtze River. Despite the fact that China has been growing rapidly for the last twenty years, much of the… Continue reading China Plans Yangtze River Economic Belt
Chinese factories showed some improvement in March, seeing as the Purchasing Managers Index (PMI) increased from 49.9 to 50.1 according to the National Bureau of Statistics (NBS). The PMI is a general indication of whether a sector is growing or shrinking, with 50 being the midpoint. Over fifty is considered growing, below is slowing. Therefore,… Continue reading Chinese Factories Show Slight Improvements, but are they Enough?
China recently has begun expanding its free trade zones (FTZ) in the wave of new policy seeking to foster trade and growth in China. And apart from attracting foreign interest and commodities, the new FTZs will also serve as places where new market reforms can be tested. An FTZ is s special geographic area where… Continue reading China to Establish Three New Free Trade Zones
With the conclusion of last weeks Boao Forum for Asia (BFA), China appears to be renewing efforts at building trade networks. The proposals of the Silk Road Economic Belt and the 21st Maritime Silk Road illustrate that China wants to attract a new wave of foreign investment. The Silk Road Economic Belt is a suggested… Continue reading China Looks to Build New Trade Networks
The Asian Development Bank (ADB) recently released its predictions for Chinese Economic Growth in 2015. According to the report, China will grow 7.2%, whereas earlier in the year Beijing predicted only 7% growth. Regardless of which number holds truth, the important information to take away is that China is, as we know, slowing down. Last… Continue reading Asian Development Bank Predicts More Growth Than Chinese Officials