China’s consumer sector fell into deflation and factory-gate prices extended declines in July, as the world’s second-largest economy struggled to revive demand and pressure mounted on Beijing to release more direct policy stimulus.
Chinese brokerages are in a race to raise billions of dollars in capital to meet regulatory requirements, jumping on a market upturn to bolster operations as they brace for tougher competition.
As Chinese President Xi Jinping opened the landmark Communist Party Congress, the country s vast financial bureaucracy has been busily tamping down ripples of turmoil across its currency and stock.
SHANGHAI (Reuters) - As Chinese President Xi Jinping opened the landmark Communist Party Congress, the country's vast financial bureaucracy has been b.