China’s economy is picking up steam as the country continues to dig its way out of the turmoil caused by the coronavirus pandemic. ( read original story …)
Monthly Archives For October 2020
China’s Growth Disappointed The Market, But It Was Not All That Bad
Retail sales jumped to 3.3% YoY in September from 0.5% YoY in August. This big jump shows that consumption has further stabilised. ( read original story …)
Can China’s Rebound Last? A Look Behind the Latest GDP Numbers
China’s economic recovery from the pandemic slump is broadening out, with data on Monday showing stronger growth in manufacturing and consumer spending. ( read original story …)
China first major economy to rebound from Covid-19 pandemic – business live
China has become the first major economy to recover from the Covid-19 pandemic. It grew 4.9% between July and September from a year earlier, up from a 3.2% annual rate in the previous quarter, ……
Asia’s growth will continue to depend on China even as it focuses on domestic economy, experts say
China might be looking more towards its domestic economy now, but its growth will continue to be crucial for the Asian region, analysts told CNBC. ( read original story …)
Beijing gives green light for Hong Kong leg of Ant’s $30bn IPO
In one of 2020’s most eagerly anticipated share offerings, the Chinese payments group controlled by billionaire Jack Ma is planning a dual listing in Shanghai and Hong Kong. The three people said Ant … (…
China becomes first major economy to recover from Covid-19 pandemic
Year-on-year expansion, while slightly lower than analyst expectations, represents a dramatic reversal … ( read original story …)
China’s economic recovery speeds up in third quarter
China’s economy powered ahead in the third quarter, data showed Monday, building on a strong recovery from painful coronavirus lockdowns, while the country’s crucial army of consumers picked up their … ( read original story…
China third quarter pork output jumps 18% year-on-year but supplies still tight
China’s third-quarter pork production rose 18% from a year earlier to 8.4 million tonnes, according to Reuters calculations based on official data, pointing to the first signs of recovery in the world … ( read…
Alibaba is spending more than $3 billion to dominate online groceries in China
Alibaba has taken a controlling stake in one of China’s leading supermarket chains as it tries to fend off rival JD.com in the fast growing online grocery industry. ( read original story …)
Beijing threatens to arrest American academics as tit-for-tat row escalates
Beijing has threatened to arrest American academics in retaliation for the prosecution of Chinese scientists charged with US visa offences, it has been claimed.Chinese officials have made repeated … ( read original story …)
Asian shares lifted by stronger China growth numbers
China was the first country to suffer coronavirus outbreaks and the first to emerge from the pandemic and begin reopening. After contracting 6.8% in the first quarter … ( read original story …)
Asia’s currencies edge higher as China rebound gathers steam
By Tom Westbrook SINGAPORE (Reuters) – Asia’s trade-exposed currencies inched higher on Monday as China’s rebound from the COVID-19 pandemic stayed on course last quarter, even as caution about the … ( read original story…
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