China's new yuan loans expand in September -- China's new yuan-denominated loans stood at 1.38 trillion yuan (about 200 billion U.S. dollars) in September, up from 1.28 trillion yuan in August, the central bank data showed on October 17. The amount was 111.9 billion yuan more than in August 2017, according to data from the People's Bank of China (PBOC), the central bank.
China's ODI up 5.1 pct in Jan.-Sept. -- China's non-financial outbound direct investment (ODI) rose 5.1 percent in the first three quarters of 2018, official data showed on October 17. Domestic investors made 82.02 billion U.S. dollars of non-financial ODI in 4,597 overseas enterprises in 155 countries and regions in the first nine months, the Ministry of Commerce said in a statement.
China's producer prices rise 3.6 pct in September -- China's producer price index (PPI), which measures costs of goods at the factory gate, rose 3.6 percent year-on-year in September, the National Bureau of Statistics said on October 16. The growth slowed from the 4.1-percent gain in August.
Taiwan's RMB deposits rise in September -- The renminbi-denominated deposit balance of Taiwan's financial institutions increased to 315.5 billion yuan (about 45.6 billion U.S. dollars) at the end of September, according to the island's monetary authority on October 15. The figure was 582 million higher than at the end of August, an increase for the fourth consecutive month.
China's central SOEs continue rapid revenue growth -- Aggregate revenues of the country's nearly 100 centrally-administered state-owned enterprises (SOEs) increased 11 percent year-on-year to 21.1 trillion yuan (3.05 trillion U.S. dollars) in the January-September period, the State-owned Assets Supervision and Administration Commission (SASAC) said.
China's export container transport gains momentum in September -- China's container transport for export purposes gained momentum in September, according to new data from the Shanghai Shipping Exchange. The average China Export Containerized Freight Index stood at 853.97 points in September, up 2.9 percent from a month earlier, as the market was still in peak season, the exchange said in a statement. Since the beginning of this year, the index has averaged 808.63, lower than last year's average of 820.47.
China's exports up 6.5 pct in first three quarters-- China's exports went up 6.5 percent year on year to 11.86 trillion yuan (about 1.72 trillion U.S. dollars) in the first three quarters of 2018, General Administration of Customs (GAC) data showed on October 12. The trade surplus was narrowed by 28.3 percent to 1.44 trillion yuan in the first three quarters.
China's imports up 14.1 pct in first three quarters -- China's imports went up 14.1 percent year on year to 10.42 trillion yuan (about 1.5 trillion U.S. dollars) in the first nine months of this year, customs data showed on October 12. In the Jan.-Sept. period, China imported 336 million tonnes of crude oil, 64.78 million tonnes of natural gas and 24.59 million tonnes of refined oil.
China's foreign trade up 9.9 pct in first nine months -- China's goods trade rose 9.9 percent year on year to 22.28 trillion yuan (about 3.23 trillion U.S. dollars) in the first nine months of the year, customs data showed on October 12. Exports increased 6.5 percent in the same period to 11.86 trillion yuan while imports grew 14.1 percent to 10.42 trillion yuan, resulting in a trade surplus of 1.44 trillion yuan, which narrowed by 28.3 percent, according to the General Administration of Customs.
Chinese overseas M&A activities cool in H1: report -- Chinese firms spent about 22 billion U.S. dollars in outbound M&A deals in the first six months of the year, down by about 60 percent from the same period in 2017, according to a report by global management consultancy Bain & Company. Chinese outbound M&A represented more than 40 percent of deals in Asia-Pacific from 2015-2017, but saw shares drop markedly in H1 in 2018, the report showed.
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