China isn’t discouraging overseas investment, only regulating it, Beijing-backed think tanker says

The think tank falls under the purview of the National Development and Reform Commission (NDRC), a government agency that heads up economic and social policy in China. As there were risks associated with Chinese firms making foreign investments, it was part of the...

China official manufacturing Purchasing Managers’ Index is 51.4 for July, below expectations

China reported Monday that its official manufacturing Purchasing Managers’ Index for the month of July came in at 51.4 — just shy of expectations. Economists were expecting that PMI number to come in a 51.6 for July, just slightly slower from June’s...

Asia stocks subdued after North Korea missile test, await flurry of data, earnings

SINGAPORE (Reuters) – Asian shares dipped on Monday following a lackluster end to last week globally on some earnings disappointments, while the dollar edged up but remained capped by U.S. political uncertainty. Investors stuck to perceived havens such as the...