China has reported its factory output rose just under 5% last month from a year earlier while retail sales fell slightly … ( read original story …)
Monthly Archives For August 2020
China ‘may question’ trade talks with US amid tension
The US and China are due to resume trade talks in the coming days that last took place in January before tensions escalated. The two economic superpowers have been embroiled in a trade war since…
China’s retail sales unexpectedly fall as consumer caution prevails
China’s retail sales slipped in July, dashing expectations for a modest rise, as consumers in the world’s second-largest economy failed to shake off wariness about the coronavirus, while the recovery … ( read original story…
China produces record crude steel in July on strong demand
China produced a record amount of crude steel in July as the government boosted infrastructure spending, while the manufacturing sector rebounded as the world’s second-largest economy reopened after … ( read original story …)
Asian shares mixed on weak China data, worries over pandemic
Asian shares are mixed, cheered by the rally on Wall Street that’s likely a boon for export-driven regional economies, even as investors worry about the coronavirus pandemic … ( read original story …)
China’s property investment in July quickens to over one-year high
China’s July property investment grew at the quickest clip since April last year, underpinned by solid construction activity and easier lending as the economy gradually recovers from the coronavirus … ( read original story …)
China Jan-July Property Investment Rises 3.4% Year-On-Year, Picks up Speed From First-Half
China’s real estate investment rose 3.4% in January-July from a year earlier, official data showed on Friday, quickening from a 1.9% uptick in the first six months. Property sales by floor area fell 5 ……
TABLE-Breakdown of China’s Jan-July property investment
Following is a breakdown of China’s real estate investment for the year to July, published by the National Bureau of Statistics on Friday. Actual investment in the sector (bln yuan, pct change y/y): … (…
China Home-Price Growth Slows in July Amid Fresh Wave of Curbs
China home-price growth slowed for the first time in five months in July, as authorities maintained a more measured pace of monetary easing and clamped down on speculative demand. ( read original story …)
AI Unicorn SenseTime Is Said to Mull Hong Kong, China IPO
SenseTime Group Ltd., China’s largest artificial intelligence company, is exploring a dual listing in Hong Kong and China as it closes in on $1.5 billion of pre-IPO financing, according to people … ( read original…
U.S. designates Confucius Institute foreign mission of Beijing
Trump administration on Thursday designated the Confucius Institute U.S. Center as a foreign mission, accusing it of being apart of the Chinese Communist Party’s propaganda machine. ( read original story …)
Sino-U.S. tensions to hurt China, U.S. and the world: stats bureau
China will be able to maintain steady economic growth this year although the tensions between China and the United States will negatively impact the two countries and the world, China’s National … ( read original…
US, China To Discuss Trade Deal Amid COVID-19 Disruption
Negotiators from the United States and China will on Saturday discuss the “phase one” trade deal signed earlier this year — before the coronavirus slammed the world economy and relations between the … ( read…
