The National Bureau of Statistics said the non-manufacturing Purchasing Managers’ Index (PMI) fell to 47.5 in August, down from 53.3 in July.
Tagged By beijing
China’s half-price tech stock sale: why it’s time to buy
A crackdown on tech by Beijing has sent shares tumbling but profits are still growing Chinese technology stocks have plummeted after a crackdown by Beijing, but low prices for profitable and …
Young Chinese gamers vent at Beijing’s new rules as shares in gaming companies slide
“at-above-post addthis_tool” data-url=” Brenda Goh (Reuters) -China’s new rules forbidding under-18s from playing video games for more than three hours a week knocked shares in Tencent Holdings Ltd …
China’s market regulator to tighten oversight of sharing economy
China’s market regulator said on Monday it would step up oversight of the sharing economy, where consumers share access to goods and services often with the help of an online platform.
China’s economy under pressure as factory activity slows in Aug, services contract
China’s businesses and the broader economy came under increasing pressure last month as factory activity expanded at a slower pace while the services sector slumped into contraction, hurt by …
Adorable moments of giant pandas in SW China
Here are some cute shots of giant pandas at Shenshuping base of Wolong National Nature Reserve in Sichuan Province.
US climate envoy Kerry to visit China, Japan ahead of summit
US climate envoy John Kerry will embark on a visit to Japan and China Tuesday as Washington tries to build momentum ahead of a key summit on combatting global warming set for November.
China clamps down on gaming addiction, limiting playing time for kids under 18
Children under the age of 18 in China will now be limited to playing online games for one hour only on Fridays and weekends, and also on public holidays, the Chinese government announced today. Three…
StanChart Forms JV with Linklogis for Blockchain-Based Trade Finance Platform
Standard Chartered has formed a joint venture with Linklogis to establish a blockchain-enabled trade finance platform dubbed as Olea.
China’s factory activity expands at slower pace in August -official PMI
China’s factory activity expanded at a slower pace in August as coronavirus-related restrictions and high raw material prices pressure manufacturers in the world’s second largest economy. BEIJING, Aug …
China’s Services Sector Contracts Amid Delta Virus Outbreak
China’s economy took a knock from the delta virus outbreak in August, with the services industry contracting for the first time since March last year and manufacturing hit by supply-chain problems.The …
Geely Raises $500 Million in the First Ever Outside Investment Round for its New Premium EV Brand ‘Zeekr’
Chinese automaker Geely Automobile and its parent Zhejiang Geely Holding Group Co. (Geely) raised $500 million in the first-ever external funding round for its new jointly owned premium electric …
Ant Group’s IPO Relaunch Seen at Risk Due to Hangzhou Probe
Ant Group Co.’s aspiration to revive its initial public offering could be jeopardized by recent investigations into Hangzhou’s top political leaders, according to Bloomberg Intelligence. An IPO …
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