Tag Archives: China

China GDP growth sinks to 25-year low

Chinese shares gained heavily today as investors weighed the likelihood of further stimulus from Beijing following data that the economy grew at its slowest pace in a quarter of a century. Fourth-quarter gross domestic product eased to 6.8% from a year earlier, while full-year growth slipped to 6.9%, adding to the troubling economic picture that’s unsettling traders around the world. […]

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India Takes Over China’s Growth Supremacy

By Sunburst Africa Editor The year 2015, will go down in history as an important one as it marks a turning point in an aged long legacy between the world’s largest planned economy and the planet’s biggest democracy. According to the International Monetary Fund’s World Economic Outlook released Tuesday, India’s economic growth will power past China’s for the first time since […]

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Global Economic Update

Economy Chinese stocks led falls across Asia today, after the latest gauge of China’s factory sector activity raised concerns about the world’s second-largest economy. The HSBC manufacturing purchasing managers index inched up to 49.7 for January, compared with 49.6 in December, but still remained below the 50 level which separates contraction from expansion. The measure comes just one day after […]

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Why China’s Stocks Rebound From Biggest Drop in Six Years Today

By Vivian Atud What: In late morning trade today, China’s benchmark stock index has rebounded from the biggest loss in six years. Shares of various companies went up. Some of the biggest winners of the day include: Great Wall Motor Co. and Qingdao Haier Co. up more than 3 percent to lead a rally for consumer companies most reliant on economic […]

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Tencent’s WeBank is Good news for Naspers Investors

By Vivian Atud Summary China’s first online Private bank has just been opened by Tencent in a move into non-core verticals to drive its core business growth. This is goodness for Naspers (JSE Code: NPN) Investors as Naspers is an investor in Tencent. Investors should continue to watch the space as other online retailers may follow suit. Naspers remains a […]

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Surprise market Turnaround as China cuts rates on Friday November 21st

What? If you are a gambler you might have gone for a bet that the JSE would close in negative territory last week Friday. This was in line with the continuous weakness of the market for four consecutive days last week and the lack of exciting news either globally or locally. That changed on Friday when China took the surprise […]

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