Exports to Asia plunged almost 37%, while those to China contracted 13.4% in an eighth consecutive monthly decline, underscoring the extent of the slowdown.
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Japan trade data dims growth prospects as China leads decline in Asia exports
Bangladesh Closing in on China in Cotton Apparel Exports: USDA
According to the U.S. Department of Agriculture’s study, Cotton: World Markets and Trade, cotton consumption in the South Asian nation is up 800,000 bales, to 8.0 million, because of rising apparel …
Column: China makes rare draw on crude oil inventories as imports slip: Russell
LAUNCESTON, Australia, Aug 17 (Reuters) – China made a rare draw on crude oil inventories in July as imports softened and refinery processing remained elevated to meet rising domestic demand and a …
China’s Xi calls for patience as Communist Party tries to reverse economic slump
Chinese leader Xi Jinping has called for patience in a speech released as the ruling Communist Party tries to reverse a deepening economic slump and said the West’s pursuit of material wealth led to “spiritual…
China’s government tries to defuse economic fears after real estate developer’s debt struggle
China’s government is trying to reassure jittery homebuyers after a major real estate developer missed a payment on its multibillion-dollar debt, reviving fears about the industry’s shaky finances and …
Will the rest of the world feel China’s deflation pain?
“China’s consumption recovery remains soft and uneven, but this a far cry from Japan-style deflation,” said Duncan Wrigley, chief China economist at Pantheon Macroeconomics, referring to the country’s …
China’s Troubled Shadow Bank Plans Debt Restructuring, Taps KPMG
The Chinese shadow banking giant whose liquidity crisis has fanned fears about financial contagion is planning to restructure its debt and has hired KPMG LLP to conduct an audit of its balance sheet,
China’s central bank conducts 168-bln-yuan reverse repos
BEIJING, Aug. 17 (Xinhua) — China’s central bank conducted 168 billion yuan (23.31 billion U.S. dollars) of seven-day reverse repos at an interest rate of 1.8 percent Thursday. The move aims to keep liquidity in…
China’s troubled $188 billion shadow bank plans debt restructuring, taps KPMG
SHANGHAI – The Chinese shadow banking giant whose liquidity crisis has fanned fears about financial contagion is planning to restructure … While little known outside China, Zhongzhi is among the …
China demands U.S. lift steel, aluminum tariffs after WTO ruling
A WTO dispute settlement panel said Wednesday that China acted “inconsistently” with the WTO obligations by imposing additional duties on some U.S. imports in response to U.S. tariffs on steel and …
China’s postal sector registers stable growth in January-July
China’s express delivery service companies handled 70.3 billion parcels from January to July, a year-on-year increase of 15.5 percent. Their business revenue jumped 10.5 percent from a year ago to 649 …
China urged to tackle online racism targeting Black people
Human Rights Watch says racist tropes ‘common’ across Chinese social media, and that platforms and government must act.
Chinese duties on US imports ‘inconsistent’ with WTO obligations
A World Trade Organization (WTO) dispute settlement panel on Wednesday found that China had acted inconsistently with its WTO obligations by imposing additional duties on certain U.S. imports in …