China’s exports fell much faster than expected in May year-on-year, while imports contracted at a slower pace, customs data showed on Wednesday. Prior to the market open, the People’s Bank of China …
Featured Posts Title
German foreign minister criticises ‘aggressive’ China ahead of trip to Japan
Breakneck — why China’s engineers beat America’s lawyers
How The Peninsula Hong Kong is trying to stay competitive against Shenzhen rivals
Shenzhen Peng City Shandong Taishan Live
Why the U.S. and China Are Playing Nice
Today in Sports – Michael Phelps wins 8th gold medal at Beijing Games for most ever at an Olympics
Robots race, play football, crash and collapse at China’s ‘robot Olympics’
Recent Posts
China’s yuan flat, bolstered by authorities’ pressure on banks while exports disappoint
Hong Kong stocks approach 2-week high as JPMorgan, Deutsche Bank, Daiwa chime in on China policy stimulus bets as exports slump
Hong Kong stocks approached the highest level in two weeks amid signs China is taking steps to support its currency and strengthen post-pandemic recovery. A slump in external trade may add urgency for …
Lender on a bender? Why China’s bailing BRI nations out of defaulting on Chinese loans
President Xi Jinping’s Belt and Road Initiative & cheque-book diplomacy face real-world test of post-Covid financial distress, as nations indebted to China are confronted with default on loans.
China Posts Robust Commodities Imports Despite Stuttering Growth
China posted robust commodities imports in May, defying stutters in the wider economy, as buyers took advantage of weaker international prices and energy importers stocked up ahead of peak demand in …
China May soybean imports hit record 12 million tonnes
China imported a record 12.02 million tonnes of soybeans in May, up 24% on a year ago, Reuters calculations based on customs data showed, as cargoes delayed during last month’s strict inspections were …
Marketmind: China disappoints again, fanning speculation on stimulus
A look at the day ahead in European and global markets from Sonali Desai China’s keenly awaited trade data for May did little to stir markets increasingly inured to weakening momentum in the world’s …
Asia stocks hold up, China gives up some gains after weak trade data
Most Asia-Pacific stocks markets strengthened on Wednesday on rising expectations that China will step in to stimulate its economy and as overnight gains on Wall Street helped brighten the mood.
China’s May import data suggests things are stabilizing instead of regressing further: Goldman Sachs
Timothy Moe of the investment firm says the data could assuage some concerns about China’s economic recovery.
China trade: exports tumble in May, adding to economic woes
Exports fell by 7.5 per cent last month from a year earlier to US$283.5 billion, in sharp contrast with an increase of 8.5 per cent in April, data released by China Customs showed. The May…
“International brands now have to work much harder in China” says Design Shanghai director
European and US furniture brands face much stiffer competition in China from local rivals that have grown rapidly during the coronavirus pandemic, according to Design Shanghai director Zhuo Tan. “Chinese brands are doing very well,
China’s exports tumble in May as global demand falters
China’s exports shrank much faster than expected in May and imports fell, albeit at a slower pace, as manufacturers struggled to find demand abroad and domestic consumption remained sluggish. Exports from the world’s second-largest economy…
Sequoia’s Split Sends Warning to Every Company Doing US-China Business
Sequoia Capital’s plan to split itself into three separate regional firms represents a major shift at one the world’s foremost venture capital firms. It also shows the impact of rising political …
Sequoia Capital to spin off its China business
The UK Cabinet Office will tell central government departments to remove all surveillance equipment made by Chinese companies from sensitive sites; and the venture capital giant Sequoia Capital is …
