Twelve days of parliamentary pomp and ceremony have ended in China with the adoption of a new five-year plan for the economy. It was agreed with a
China's February trade numbers were far worse than economists had expected, with exports down by the most in over six years and imports suffering their 16th month of decline.
China reportedly plans to lay off millions more workers at so-called 'zombie' companies to cut industrial overcapacity and pollution, according to sources close to the Beijing leadership.
China expects to lay off 1.8 million workers in the coal and steel industries as it addresses overcapacity in bloated state enterprises amid slowing economic growth.
Christine Lagarde has been re-elected to a second five-year term as head of the International Monetary Fund with the world's economy in the doldrums, and the IMF facing difficult loan decisions for Gr
China has set its economic growth projection range at 6.5 to 7 percent this year, but efforts to reduce overcapacity of coal and steel are expected to raise unemployment.
There was disappointing factory output data from China as the official measure of manufacturing hit its lowest since mid-2012 amid falling prices and overcapacity.
China and Egypt have signed investment and aid deals worth billions during a state visit to Cairo by President Xi Jinping.
Following a volatile first week of the year, the Shanghai Composite closed two percent higher on Friday (January 8). Trading in China’s markets has
European markets fell sharply on Thursday after China accelerated the depreciation of the yuan, but came off lows after the Shanghai and Shenzen