China's Ministry of Finance said Tuesday that subsidies on small vehicle purchases which were introduced in the midst of the global financil crisis will end at the end of this year.

The subsidies, which saw the tax on purchases of vehicles with engines of 1.6 liters and under halved to 5% in January 2009, were designed to boost consumption and ( Read more... )

( Read more... )

( Read more... )

The price of gasoline will rise by 310 yuan ($47) a metric ton and diesel by 300 yuan a ton, the National Development and Reform Commission said in a statement on its website today, the third increase this year in the world’s second-largest oil consumer.

Bloomberg

В этот раз на 4%. Мы уже выше апрельских максимумов. Надо признать, Китай сейчас ( Read more... )

( Read more... )

Примечательно, что примерно с 1999 г. номинальный эффективный курс доллара и его несколько искажённое зеркало в виде индекса доллара показывают сильную взаимосвязь с фондовым и сырьевыми рынками. Причем, чем дальше, тем эта взаимосвязь становится крепче. Объясняется это, конечно, увеличением, (чего бы вы думали?), роли Китая в мировой экономики. ( Read more... )

China’s biggest banks are poised to hit government-set caps on lending and plan to stop expanding their loan books to avoid exceeding the annual quotas, according to four people with knowledge of the matter.

Bloomberg

Всё это, конечно, плохо для китайского фондового рынка и экономики в целом. Может негативно отразиться на импорте за декабрь.

BEIJING - Beijing has taken a fresh step to discourage property buying by ordering banks to charge higher mortgage interest rates for first home buyers, local media reported over the weekend.

Lenders were told by China's banking regulator that they can offer at most 15 percent, versus the previous 30 percent, discount to the benchmark interest ( Read more... )

BEIJING, Oct 20 (Reuters) - China will raise retail fuel prices effective Thursday, a source said, in its first increase since April, to track higher international crude prices

The source did not give a level of increase, but industry officials estimated a rise by about 220 yuan ($33) per tonne, or about 3 percent.
At three percent, it would ( Read more... )

( Read more... )