U.S. QE exit to put further pressure on China's slowing economy

Spillovers of the end of the U.S. Federal Reserve'sQE stimulus program are set to add difficulties to the Chinese economy.

Vehicle price monopoly remains

Huge price gap between parts and finished vehicles has exposed pricing monopolies and huge profits from vehicle maintenance.

China's capital account deficit widens in Q3

China's capital and financial account deficits widened in the third quarter.

China's VAT reform reduces tax by 53 bln USD

China's pilot program to replace turnover tax with value-added tax since 2012 has reduced tax by 328 billion yuan.