China’s economy returned to growth in the second quarter after a deep slump at the start of the year, but unexpected weakness in domestic consumption underscored the need for more policy support to … (…
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How China Became the First Major Economy to Grow After Coronavirus
The Chinese economy expanded 3.2% from a year earlier in the second quarter, and could be the only major global economy to grow in 2020. WSJ’s Jonathan Cheng explains the country’s strategy to … (…
China’s non-financial ODI down 0.7 pct in H1
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 … (…
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…
China Economy Returned to Growth Last Quarter as Virus Eased
The Chinese economy returned to growth in the second quarter, marking an important milestone in the global struggle to recover from the coronavirus pandemic.Gross domestic product expanded 3.2% in the … ( read original story…
Beijing’s top HK office slams U.S. sanctions as ‘gangster logic and bullying’
China’s top representative office in Hong Kong condemned what it called gross interference by the United States in the Asian financial hub, labelling President Donald Trump’s move to end the city’s … ( read original…
China reports 1 new coronavirus case in mainland, none in Beijing
China reported one new confirmed COVID-19 case for the mainland as of the end of July 15, down from six a day earlier, the country’s national health authority said on Thursday. Beijing reported no new…
Washington’s message to Beijing: Your ‘nine-dash line’ is a sham
But Pompeo went further, rejecting “any PRC claim in the waters surrounding Vanguard Bank [off Vietnam], Luconia … Nevertheless, Beijing must recognize that it is in no position to challenge … ( read original story…
Bernstein Quants Say China Momentum Stocks ‘Extremely’ Expensive
Anyone chasing momentum in China’s stock market should head for the exit. That’s according to Sanford C. Bernstein’s quantitative strategist Rupal Agarwal, who says a pullback in Chinese equities is … ( read original story…
China’s economy seen returning to growth in second-quarter, more support needed to bolster recovery
China’s economy is likely to return to modest growth in the second quarter after a record contraction, as lockdown measures ended and policymakers stepped up stimulus to combat the shock from the … ( read…
