When one thinks of fashion production on a grand scale, China inevitably comes to mind. The country, with its vast manufacturing resources and skilled labor force, has become synonymous with …
BUSINESS
Joe Biden’s Stance On China, Warren Buffett’s Business Signals And July Inflation Data: Key Economic Highlights This Week
This week, the global economic landscape was dominated by significant events and policy decisions. From inflation data to geopolitical tensions, the macro-economic sphere was rife with developments …
China’s crude oil imports up 12.4% in first seven months
BEIJING – China’s imports of crude oil logged steady growth in the first seven months of 2023, data from the General Administration of Customs showed. During the period, China imported a total of 326 …
China’s July automobile exports jump 63 per cent, helping extend the lead over Japan as the world’s biggest vehicle-exporting economy
China’s July overseas shipments jumped 63 per cent to 310,000 vehicles from a year ago, raising the total to 2.65 million units in the first seven months of the year Local brands made up 248,000…
China’s retail sector maintains recovery momentum in August
The China Retail Performance Index, a barometer of retailers’ expectations for the sector, stood at 50.3 percent in August, edging up 0.2 percentage points from July and staying in the expansion zone …
China’s soybean imports up 15% in January-July
The per-tonne value of the soybean imports increased 1.3 percent year-on-year in the first seven months to 4,334.6 yuan ($605.39). The country, as the world’s largest soybean importer, imported a …
Import, export volume of China’s Jiangsu reaches 2.93 trln yuan in Jan.-July
NANJING, Aug. 13 (Xinhua) — East China’s economic powerhouse Jiangsu Province recorded a total import and export volume of 2.93 trillion yuan (about 409.29 billion U.S. dollars) from January to July, …
China’s soybean imports up 15 pct in January-July
BEIJING, Aug. 13 (Xinhua) — China imported 62.3 million tonnes of soybeans in the first seven months of this year, up 15 percent from a year earlier, customs data showed.
China’s crude oil imports up 12.4 pct in first seven months
BEIJING, Aug. 13 (Xinhua) — China’s imports of crude oil logged steady growth in the first seven months of 2023, data from the General Administration of Customs showed. During the period, China …
China faces no deflationary risk as demand, confidence recover
BEIJING – Despite challenges at home and from abroad, China’s economy has sustained growth momentum with market demand and business confidence moving on a recovery trajectory, laying no ground for …
China’s iron ore imports up 6.9% in first seven months
BEIJING – China’s imports of iron ore registered steady growth in the first seven months of 2023, data from the General Administration of Customs showed. During the period, China imported a total of …
Things are getting worse for China’s economy – Details
China’s once-booming economy is facing a whirlwind of challenges, making a quick rebound look bleak. With issues cropping up from the real estate sector and the shadow of deflation looming large, the …
Why Chinese electric vehicle brands could ‘take a lead’ in Africa
Uptake of EVs is low due to cost and lack of reliable electricity, analysts say, but initiatives in public transport sector are seen to be having an impact.