1. China's exports this year are expected to remain generally flat while imports may fall substantially, according to a Ministry of Commerce (MOC) report released Thursday.
2. China's four pilot Free Trade Zones (FTZ) have seen significant progress in attracting foreign investment with the help of financial reforms, the MOC said during a press conference on Wednesday. In the Jan.-Sept. period, the number of newly registered foreign-invested enterprises in the Shanghai FTZ rose 52.6 percent year on year while such entities more than tripled in the Guangdong, Tianjin, and Fujian Province FTZs.
3. China Banking Regulatory Commission (CBRC) told Shanghai Securities News on Thursday that the trend of rising bad loans is within expectations, and overall risk is under control. Currently, the CBRC is continuously monitoring banking system's bad loans not only on a monthly or quarterly basis, but on a ten day basis.
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