China’s July overseas shipments jumped 63 per cent to 310,000 vehicles from a year ago, raising the total to 2.65 million units in the first seven months of the year Local brands made up 248,000…
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China’s retail sector maintains recovery momentum in August
The China Retail Performance Index, a barometer of retailers’ expectations for the sector, stood at 50.3 percent in August, edging up 0.2 percentage points from July and staying in the expansion zone …
China’s soybean imports up 15% in January-July
The per-tonne value of the soybean imports increased 1.3 percent year-on-year in the first seven months to 4,334.6 yuan ($605.39). The country, as the world’s largest soybean importer, imported a …
Import, export volume of China’s Jiangsu reaches 2.93 trln yuan in Jan.-July
NANJING, Aug. 13 (Xinhua) — East China’s economic powerhouse Jiangsu Province recorded a total import and export volume of 2.93 trillion yuan (about 409.29 billion U.S. dollars) from January to July, …
China’s soybean imports up 15 pct in January-July
BEIJING, Aug. 13 (Xinhua) — China imported 62.3 million tonnes of soybeans in the first seven months of this year, up 15 percent from a year earlier, customs data showed.
China’s crude oil imports up 12.4 pct in first seven months
BEIJING, Aug. 13 (Xinhua) — China’s imports of crude oil logged steady growth in the first seven months of 2023, data from the General Administration of Customs showed. During the period, China …
China faces no deflationary risk as demand, confidence recover
BEIJING – Despite challenges at home and from abroad, China’s economy has sustained growth momentum with market demand and business confidence moving on a recovery trajectory, laying no ground for …
China’s iron ore imports up 6.9% in first seven months
BEIJING – China’s imports of iron ore registered steady growth in the first seven months of 2023, data from the General Administration of Customs showed. During the period, China imported a total of …
Things are getting worse for China’s economy – Details
China’s once-booming economy is facing a whirlwind of challenges, making a quick rebound look bleak. With issues cropping up from the real estate sector and the shadow of deflation looming large, the …
Why Chinese electric vehicle brands could ‘take a lead’ in Africa
Uptake of EVs is low due to cost and lack of reliable electricity, analysts say, but initiatives in public transport sector are seen to be having an impact.
China’s Economic Miracle Is Turning Into a Long Slog
As consumer prices fall and other signs of weakness emerge, fears are growing that the world’s second-largest economy could be heading toward an extended slump.
BYD calls on China automakers to unite, ‘demolish the old legends’ in global push
BYD used an event this week to mark a production milestone to celebrate a bigger purpose: the emergence of China as a global auto manufacturing powerhouse. “I believe the time has come for Chinese …
China’s foreign trade to sustain growth with resilience, potential
China’s general trade, which involves long industrial chains and high added values, rose 2.1 percent to 15.41 trillion yuan in the first seven months of the year. It accounted for 65.4 percent of the …