China considers raising tariffs on sugar imports - sources

BEIJING  - China is considering special import duties on sugar as part of an anti-dumping probe, according to two people familiar with the matter, in what would be a win for domestic producers seeking help battling cheap imports from Brazil and other major growers.

China's Dairy Industry Association sent a document late last week to members asking them to com

PREVIEW: China factory sector expansion seen slowing in April

BEIJING  - The pace of expansion in China's manufacturing sector likely slowed in April, a Reuters poll showed, as factory-gate price lost steam and authorities moved to tackle risks in the property market and credit growth.

The official manufacturing Purchasing Managers' Index (PMI) is expected to come in at 51.6, which would be the ninth straight month

China, under pressure at WTO, suggests revamp of dumping rules

GENEVA  - China has proposed tightening the rules on when countries can impose anti-dumping and anti-subsidy tariffs, saying their use was rising and that such charges were often misused and distorted international trade.

In a filing published by the World Trade Organization on Monday, China said it wanted to stop anti-dumping measures from "over-reaching&qu

China plans maiden flight of C919 jetliner around May 5 - sources

PARIS/SHANGHAI - China plans to stage the maiden flight of its C919 passenger jet on or around May 5, two people familiar with the project said.

Commercial Aircraft Corporation of China (COMAC) has completed ground-testing and is preparing the aircraft for its much-delayed debut flight, which could provide an historic boost to China's efforts to compete with globa

Global steel output rose in March

LONDON - Global crude steel production rose 4.6 percent to 145 million tonnes in March from the same month a year ago, figures from the World Steel Association showed on Monday.

Crude steel output from China, the world's top producer and consumer of the alloy, rose to 72.0 million tonnes, up 1.8 percent from March 2016.

U.S. President Trump resorting to unilateralism with steel probe - China Daily

BEIJING  - Washington's move to probe steel imports could trigger a trade dispute between the United States and its major trading partners, who are likely to take retaliatory steps, the official China Daily said in an editorial on Monday.

The article was the strongest official response yet to U.S. President Donald Trump on Thursday launching an investigation

China policymakers bullish on economy, cite strong Q1 GDP, stable yuan

SHANGHAI  - Policymakers in China are pushing a bullish message on the world's second-biggest economy after a solid first quarter, pointing to a slow down in capital outflows and a stable yuan after a selloff last year stoked fears of instability.

Speaking at a G20 summit meeting of the world's top economies in Washington last week, finance minister Xiao

Chinese banks face profitability pressure: Moody's

Chinese listed banks were confronted with profitability pressure from the country's slowing economic growth, despite the absence of any significant deterioration in asset performance, said Moody's Investors Service.

"At the same time, the banks' capitalisation and liquidity positions remained stable overall, but weakened among the smaller entities due to their faster

Impact of US Fed`s interest rate rises on China capital flows diminishing - China FX regulator

BEIJING - The impact of United States interest rate increases on China's capital flows has been diminishing, State Administration of Foreign Exchange spokeswoman Wang Chunying said on Thursday.

China will closely monitor the Fed's interest rate increases and any shrinking in its balance sheet, said Wang.

(Reporting by Kevin Yao; Editing by Joseph Rad

Foreign carmakers embrace China as electric car development hub

By Edward Taylor and Joseph White

SHANGHAI - China's crackdown on vehicle pollution will turn the world's largest auto market into a hub for cutting edge electric car technologies previously exported from Europe and the United States, industry executives at the Shanghai motor show said.

Foreign automakers have long been building cars in China to meet

Exclusive: China gathers state-led consortium for Aramco IPO - sources

By Julie Zhu, Reem Shamseddine and Rania El Gamal

HONG KONG/RIYADH/DUBAI - China is creating a consortium, including state-owned oil giants and banks and its sovereign wealth fund, that will act as a cornerstone investor in the initial public offering of Saudi Aramco, people with knowledge of the discussions told Reuters.

Saudi Aramco, a key exporter to Chin

China`s cabinet says it will put forward more measures to cut tax

BEIJING - China will put forward more measures to cut tax in an effort to lower cost for the real economy, according to a transcript of a cabinet meeting led by Chinese Premier Li Keqiang.

The government will simplify the value-added tax rate system and cut value-added tax for agricultural products, natural gas to 11 percent from 13 percent, effective from July 1, 201

China relaxes some cross-border capital curbs as yuan steadies - sources

SHANGHAI- China's central bank has relaxed some of its curbs on cross-border capital outflows put in place just months ago to shore up the yuan currency, banking sources said on Wednesday.

The first loosening of the curbs comes as China's leaders and financial markets feel more confident that pressure on the yuan and the country's foreign exchange reserves

IMF raises China growth outlook but warns of risk of 'disruptive adjustments'

BEIJING - The International Monetary Fund on Tuesday raised forecasts for China's economic growth in 2017 and 2018, citing expectations of continued policy support, but warned of potential disruptions in the medium term unless the country reduces its reliance on rapid credit growth.

The IMF upgraded its estimate for China's 2017 growth to 6.6 percent from 6.5

China says to deepen structural reforms in 2017

BEIJING - China plans to deepen reform of its economy, cutting more excess factory capacity while making its state-owned firms more competitive and currency regime more market-driven, according to guidelines issued by the country's cabinet on Tuesday.

China's State Council said it endorsed the reform guidelines drafted by the National Development and Reform Co

China`s premier says market confidence in yuan has significantly improved

BEIJING - Market confidence in China's yuan currency has improved significantly, Premier Li Keqiang said on Tuesday, according to the state news agency, Xinhua.

The yuan has stabilised this year, due to curbs on capital outflows and a reversal of a rally in the dollar, following a fall of 6.5 percent in 2016 - the Chinese currency's biggest annual drop since 1

China March outbound direct investment slumps 30.1 percent as capital curbs bite

BEIJING - China's non-financial outbound direct investment (ODI) slumped 30.1 percent in March from a year earlier as authorities kept a tight grip on capital outflows to help support the yuan currency and safeguard the country's foreign exchange reserves.

Non-financial ODI totalled $7.11 billion last month, Commerce Ministry data showed on Tuesday.

Manufacturing and retail recovery drives China's solid Q1 growth

BEIJING - A recovery in China's industrial sector, which accounts for about one-third of the economy, drove China's better-than-expected first quarter economic growth as export orders picked up and steel output hit a record.

Data on Tuesday from the National Bureau of Statistics showed the industrial sector grew 6.5 percent in the first quarter from a year ear

China`s March home prices defy curbs, further tightening expected

By Yawen Chen and Elias Glenn

BEIJING - Prices in China's sizzling property market, a major driver of growth in the world's second largest economy, accelerated in March on a monthly basis, shaking off the impact of recent cooling measures introduced to dampen speculative demand.

Average new home prices in China's 70 major cities rose 0.6 percent

The long, rough ride ahead for

By Nick Carey

RUSTON, Louisiana - Mini motorcycle and go-kart maker Monster Moto made a big bet on U.S. manufacturing by moving assembly to this Louisiana town in 2016 from China.

But it will be a long ride before it can stamp its products "Made in USA."

The loss of nearly one out four U.S. factories in the last two decades means parts fo

India shouldn`t use Dalai Lama to undermine China`s interest

China said on Monday that the recent visit of the Dalai Lama to Arunachal Pradesh had a negative impact on Sino-India ties and India should not use the exiled Tibetan spiritual leader to undermine Beijing's interests, as per the media reports. Commenting on the matter, Foreign Ministry, spokesman, Lu Kang said, quoted PTI that, “Dalai Lama's visit to Arunachal Pradesh had a negati

85% Indian firms optimistic on economic recovery, says survey

Corporate India is among the fourth most optimistic globally as 85 per cent of the businesses are hopeful of economic recovery, compared to 48 per cent in China, a survey has said. The Grant Thornton International Business Report says that in the first quarter of 2017, 85 per cent respondents were optimistic about economic recovery.

India is ranked fourth on the global optimism index

China March steel output climbs to highest on record

BEIJING  - China's steel output rose 1.8 percent in March to a monthly record of 72 million tonnes, stoking worries of a glut that continues to grow even as Beijing tries to rein in excess capacity in the bloated sector and demand remains flat.

March's monthly total easily beat the previous record of 70.65 million tonnes hit in March 2016, data from the N

China's Ant hikes MoneyGram bid by over a third, beats rival U.S. offer

By Cate Cadell

BEIJING - China's Ant Financial has sweetened its bid for MoneyGram International Inc by over a third, beating a rival offer to gain approval from the U.S. electronic payment firm's board, although it still faces regulatory hurdles.

Ant's plans to expand globally with the acquisition of one of the biggest firms in remittances

Senior Chinese banking regulator under investigation - Caixin

BEIJING - A senior official at the China Banking Regulatory Commission (CBRC) is under investigation for suspected links to a loan scandal, the financial magazine Caixin reported, citing sources close to the matter.

Yang Jiacai, assistant chairman of CBRC, has been under investigation since April 9 in connection with the scandal in Hubei province, Caixin said late on