China’s economy continues its recovery from the Covid-19 pandemic with growth of 4.9% for the three months of July to September. The world’s second biggest economy was the first major economy to … ( read…
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China’s economy continues to bounce back from virus slump
China economy grows 4.9% in Q3, extending virus recovery
China’s economy grew 4.9 percent on-year in the third quarter, sustaining its rebound from bruising virus lockdowns and moving closer to pre-pandemic levels, official data showed Monday. ( read original story …)
China says its economy grew 4.9% in the third quarter
China’s economy recovered further from the coronavirus in the third quarter, according to data released Monday by the National Bureau of Statistics. ( read original story …)
China Economy Grows 4.9% as Rest of World Struggles With Coronavirus
China said its economy grew 4.9% in the third quarter from a year earlier, which was slower than expected, but it underscores the robustness of the recovery as its growth rate approaches that of last…
China regulator approves Ant Group’s Hong Kong IPO: IFR
China’s securities regulator has approved financial tech firm Ant Group’s Hong Kong leg of a planned dual-listing worth up to $30 billion, IFR reported on Monday citing unnamed people familiar with … ( read original…
Ant Group Is Said to Win China Approval for Hong Kong IPO Plan
The nod from China’s securities watchdog came later than expected, stirring speculation that Ant’s IPO was running into roadblocks. The company could raise about $35 billion in a dual listing in Hong … ( read…
Mainland China reports 13 new COVID-19 cases, same as a day earlier
China reported 13 new coronavirus cases in the mainland for Oct. 18, the same as a day earlier, the health commission said on Monday. China reported 33 new asymptomatic patients, compared with 34 a ……
Dollar clings to gains as traders wait for China growth data
The dollar clung to gains on Monday, supported by investor worries about the looming U.S. election and the fading prospects of any fiscal stimulus beforehand, while the Chinese yuan held firm ahead of … (…
China threatens to detain innocent Americans after DOJ arrests Chinese ‘spies,’ Gen. Keane warns
The Chinese government is threatening to detain innocent U.S. nationals in China in retaliation to the Justice Department’s prosecution of Chinese military-affiliated scholars. ( read original story …)
China’s third quarter GDP set to show broadening recovery as consumers resurface
China’s economic recovery stepped up in the third quarter, data released is expected to show on Monday, as consumers returned to malls and major trading partners reopened for business, shaking off the … ( read…
Chinese consumers are buying more luxury goods during the pandemic — but they’re shopping closer to home, and European brands could feel the pinch
With travel restrictions in place, Chinese shoppers are buying luxury goods closer to home, and sales are going through the roof. ( read original story …)
China Passes Biosecurity Law To Protect Whistleblowers
The law was passed after China was embarrassed by reports it told a doctor to stop making “false statements” about the virus early in the outbreak. ( read original story …)
Economy Week Ahead: China GDP, U.S. Housing and Jobless Claims
China growth, U.S. housing starts, home sales and jobless claims highlight this week’s economic data. ( read original story …)
