Asian markets wavered Wednesday after data showing the first drop in Chinese consumer prices compounded worries about the world’s number two economy.The 0.3 percent drop in China’s July consumer …
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Asian markets struggle after more weak China data
Asian shares hesitant on China’s CPI, US bank jitters
SYDNEY: Asian shares were on the defensive on Wednesday after China inflation data confirmed the recovery in the world’s second-biggest economy is losing steam, while resurfacing concerns about US …
China inflation: consumer prices fall for first time since 2021, adding to deflation concerns, but factory-gate contraction narrows
China’s consumer prices fell for the first time since early 2021 amid the risk of a “low inflation trap” that could weigh on already lacklustre demand and an underpowered economic recovery. The …
Oil prices slip as bearish China data fuels demand concerns
Oil prices eased in Asian morning trade on Wednesday as concerns over slow demand from top crude importer China grew after bearish trade and inflation data, outweighing fears over tighter supply arising from output cuts…
China’s Beijing Reports 33 Deaths From Flooding, 18 Still Missing – State Media
BEIJING (Reuters) – There have been 33 deaths from heavy floods in China’s capital of Beijing as of Aug. 8, with 18 still missing, Beijing Daily reported on Wednesday. The disaster has stricken nearly …
Biden to Restrict Investments in China, Citing National Security Threats
The measure to clamp down on investments in certain industries deemed to pose security risks, set to be issued Wednesday, appears likely to open a new front in the U.S.-China economic conflict.
US sailor’s mom encouraged him to pass info to China, prosecutors say
The 22-year-old sailor was one of two sailors arrested last week in California and accused of providing military information to China.
China slips into deflation as post-Covid recovery falters
China slipped into deflation as consumer prices contracted last month for the first time in more than two years, official data showed Wednesday, as slowing domestic spending weighs on the country’s …
Instant view: China’s consumer prices fall in July as deflation risks build
China’s consumer prices posted their first annual decline in more than two years in July, while factory gate prices extended their falls, data showed on Wednesday, as lacklustre demand weighed on the …
China reports smaller-than-expected drop in consumer prices
China reported a 0.3% drop in consumer prices in July from a year ago, and a 4.4% year-on-year drop in producer prices in July, according to the National Bureau of Statistics Wednesday. Second-quarter …
China’s consumer prices swing into decline as deflation risks build
China’s consumer prices posted their first annual decline in more than two years in July, while factory gate prices extended their falls, data showed on Wednesday, as lacklustre demand weighed on the …
Mother of US navy sailor accused of spying urged him to work with China, court hears
Jinchao Wei’s mother told her son providing information could help him get a job with Chinese government, prosecution says …
Despite Faltering Economy, China Unlikely to Disrupt Aid to North Korea
China’s economic aid to Pyongyang is driven by self-interest as it competes with Washington’s deepening bonds with Seoul and Tokyo …
