Year-on-year expansion, while slightly lower than analyst expectations, represents a dramatic reversal … ( read original story …)
Featured Posts Title
China launches global tax hunt going back decades
Shenzhen’s journey from exports to expertise
In Tibet, some embrace their native language even under China’s sweeping new ‘ethnic unity’ law
China’s super-rich ‘in shock’ and hunting for cash as Beijing issues surprise tax on offshore trusts
More than half of some US weapons stockpiles used in Iran war, raising concerns about China threat
US weighs polysilicon price floor, tariffs to counter China in solar and chips
Shenzhen warns clinics over illegal dental services, misleading ads in Hong Kong
Recent Posts
China becomes first major economy to recover from Covid-19 pandemic
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…
UPDATE 1-China’s Sept property investment growth quickens, sales ease
China’s September real estate investment rose at the fastest pace in nearly 1-1/2 years, supported by robust construction activity as the economic recovery picks up steam after the coronavirus crisis. ( read original story …)
China’s Jan-Sept property investment rises 5.6% y/y
September rose 5.6% from a year earlier, official data showed on Monday, accelerating from the 4.6% growth seen in the first eight months of the year. ( read original story …)
China’s Economy Accelerates, Broadening Recovery From Pandemic
China’s economic recovery from the depths plunged during the Covid-19 pandemic continued, providing support for a world economy suffering its deepest recession since the Great Depression. ( read original story …)
With Covid-19 Under Control, China’s Economy Surges Ahead
These payments have been aimed at helping families sustain a minimum standard of living through the pandemic — which in turn has fueled demand for imports from China. Michael Pettis, a finance … ( read…
China September Industrial Output Rises 6.9% Year-On-Year; Retail Sales up 3.3%
Analysts polled by Reuters had expected annual industrial output growth to have quickened to 5.8% in September from a 5.6% gain in August, as more businesses resumed production after measures to … ( read original…
Cuba, China, Russia elected to UN Human Rights Council; US brands it a ‘mockery’
Cuba, China and Russia on Tuesday were elected to the controversial U.N. Human Rights Council — moves that the U.S. branded a “mockery” of the body’s intended purpose and as proof the U.S. was right … (…
