BEIJING, July 16 (Xinhua) — China’s non-financial outbound direct investment (ODI) went down 0.7 percent year on year in the first half of this year, data showed Thursday. The ODI in 159 countries … (…
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China’s non-financial ODI down 0.7 pct in H1
Danone beefs up Specialized Nutrition business in China
French food group Danone said on Thursday it would spend 100 million euros ($114.08 million) to strengthen its Specialized Nutrition business in China, as it bets on the Chinese market as a source of ……
Taiwan holds live-fire drill on beach facing China
Assault helicopters launched missiles and fighter jets dropped bombs on targets at sea, while tanks and missile trucks fired from a beach to deter a simulated invading force. ( read original story …)
What to watch: China avoids recession, RBS name change, and Ladbrokes woes
Here are the top business, market, and economic stories you should be watching today in the UK, Europe, and abroad: China avoids recession. China has avoided recession after posti … ( read original story …)
No Tokyo Games likely means no Beijing either, says Pound
If the postponed Tokyo Olympics do not go ahead next year due to COVID-19 then the 2022 Beijing Winter Games will likely also fall victim to the pandemic, said long-time International Olympic … ( read…
China Celebrates Coronavirus Economy Recovery As U.S. Battles Recession
China posted better than expected 3.2 percent GDP growth in the second quarter of 2020, following a record contraction in the first portion of the year. ( read original story …)
China calls U.S. sanctions ‘gangster logic’
World China calls U.S. sanctions ‘gangster logic’ Posted [NFA] China accused the United States of “gangster logic” on Wednesday after U.S. President Donald Trump ordered an end to … ( read original story …)
China foreign ministry says Pompeo welcome to visit Xinjiang
Chinese foreign ministry spokeswoman Hua Chunying told reporters during a briefing that if the United States thinks that everything China does is a threat, such attitude would become self-fulfilling. ( read original story …)
China says UK ban on Huawei ‘severely’ damages investment confidence
Britain’s “discriminatory” ban on Huawei has severely damaged China’s investment confidence in the country, China’s commerce ministry said on Thursday, adding it will take necessary measures to defend … ( read original story …)
China’s central bank injects liquidity into market
China’s central bank continued to pump cash into the banking system via reverse repos Thursday. With no reverse repos maturing Thursday, the People’s Bank of China injected a total of 50 billion yuan … (…
European shares slip as U.S.-China tensions, poor earnings weigh
European STOXX 600 fell 0.7% by 0717 GMT after closing at a five-week high in the previous session. A batch of poor earnings reports also added to the declines, with Dutch beer maker Heineken NV…
Breakingviews – China’s jobless recovery risks debt indigestion
China has avoided a recession, but debt problems are piling up. Output rose 3.2% year-on-year in the three months to June, following last quarter’s record contraction. Investment still looks tepid, … ( read original story…
China’s economy bounces back from pandemic contraction
China’s economy returned to growth in the second quarter following a coronavirus contraction, with President Xi Jinping promising continued expansion ahead and urging foreign companies to be a part of … ( read original story…
