China consumer prices up 2.1 pct in October
China's consumer price index (CPI), a main gauge of inflation, grew 2.1 percent year on year in October, up from September's 1.9 percent, the National Bureau of Statistics (NBS) announced Wednesday.
Trade
October exports drop narrows, pressure remains
China's exports growth narrowed from previous drops in October while imports accelerated growth, however weak global demand might weigh on future trade growth.
Financials
-
China FX reserves wane on strong dollar, diversification
The fourth consecutive monthly decline in China's foreign exchange reserves is not as worrisome as it appears, as a stronger dollar accounts for much of the change, with Chinese companies and households embracing a longer list of investment channels overseas.
more -
Yuan slumps to six-year low against greenback
The Chinese currency weakened against the U.S. dollar Friday to a six-year low, with the dollar riding a Donald Trump rally alongside upbeat economic data, while experts believe there is no basis for persistent depreciation of the yuan.
more
Companies
Singles' Day sales top 120 billion yuan at Alibaba
Consumers spent more than 120 billion yuan (17.6 billion U.S. dollars) Friday shopping online on leading e-commerce platform Alibaba in their annual buying spree, sources with Alibaba Group said Saturday.
China's CCB lists on Nasdaq Dubai sighting Mideast expansion
China Construction Bank (CCB) marked Tuesday the listing of a 600-million-dollar bond on the Middle East's only international exchange Nasdaq Dubai, the bourse said in an e-mailed statement.
China Evergrande raises Vanke stake to 8.285 pct
China Evergrande Group, a real estate conglomerate, has bought another 162 million A shares of China Vanke over the past three months, raising its stake in the country's largest developer to 8.285 percent.
