LONDON/BEIJING China has partially lifted restrictions on imports of gold, bullion industry sources said, loosening curbs that had stopped an estimated 300-500 tonnes of the metal worth $15-25 billion at current prices from entering the country since May.
BEIJING China's new home prices rose in July as the property sector held up as one of the few bright spots in the slowing economy, although easing momentum in some markets took immediate pressure off regulators to unleash major new curbs to deter speculation.
LONDON/BEIJING China has severely restricted imports of gold since May, bullion industry sources with direct knowledge of the matter told Reuters, in a move that could be aimed at curbing outflows of dollars and bolstering its yuan currency as economic growth slows.
LONDON/BEIJING, Aug 15 China has severely
restricted imports of gold since May, bullion industry sources
with direct knowledge of the matter told Reuters, in a move that
could be aimed at curbing outflows of dollars and bolstering its
yuan currency as economic growth slows.
BEIJING China's property investment slowed to its weakest pace this year in a sign the housing market's resilience may be waning as Beijing toughens its crackdown on speculative investments and holds back on new stimulus.
WASHINGTON/BEIJING/SHANGHAI U.S. President Donald Trump dismissed fears of a protracted trade war with China on Tuesday despite a warning from Beijing that labeling it a currency manipulator would have severe consequences for the global financial order. | Video
* Whole trade decimated after U.S. import tariffs hiked to
BEIJING For public relations officer Rachel Li, paying top dollar for "beautiful" cherries imported from the United States was a no-brainer.
BEIJING Growth in China's new home prices cooled in June as sales shrank for a second month, but building starts and investment quickened, providing a cushion for the slowing economy while Beijing claims some wins in reducing market froth.