XFA Weekly Review 2016 Issue 39_Xinhua Finance Agency

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Issue		39
2016


	2016/09/18 - 2016/09/24

PM Li says Chinese economy capable of maintaining medium-to-high growth

Chinese premier Li Keqiang said on late Tuesday that the Chinese economy needs and is capable of maintaining medium-to-high growth rate.

SAFE: RMB included in SDR not to worsen cross-border capital fluctuation

Conditions can allow cross-border capital flow to continuously maintain in a rationally-balanced and stable range on the whole.

	NDRC responds to steel enterprises’ appeal for more coal

	Domestic iron and steel industry faces short supply of coal.


	China’s outward FDI moves up to second place in the world

		China’s outward foreign direct investment surges, as an increasingly number of A-share market listed companies involve in M&A in overseas markets.

China approves merger of major steelmakers

The merger of China's two major steelmakers, Baosteel Group and Wuhan Iron and Steel Group, has been approved by the State Council.

Next step for RMB internationalization

MB will be officially included in SDR on Oct. 1. Where has the RMB internationalization arrived now and where will it move towards in the future?

U.S. Fed keeps interest rates unchanged

The U.S. Federal Reserve on Wednesday kept its federal funds rate unchanged amid recent weak economic data and tepid inflation.

Property frenzy unlikely to trigger bubble burst

After months of rapid home-price growth in some Chinese cities, concerns have been raised about "bubble burst" and "economic hard landing.

Regulators set rules on P2P lending platforms

As of Sept. 20, there are 2,270 P2P lending platforms in operation and 2,403 ones with problems.

SZ-HK Stock Connect in final preparation, mainland capital rushes southward

As the preparation for SZ-HK Stock Connect is in its final spurt, mainland capital now moves faster southward to purchase Hong Kong stocks.

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