Finance & Economy
China official service PMI falls to 9-month low
Activity in China's service sectors continued to moderate in October, with the purchasing managers' index (PMI) for non-manufacturing sector sliding to its lowest print since January, an official survey showed on Nov 3rd. |
Industrial Output to See Stable Expansion in Q4
Workers of Commercial Aircraft Corporation of China Ltd assemble parts of a C919 aircraft in Shanghai. China's high-tech manufacturing sector is growing faster than the overall pace of manufacturing this year. |
China Enters Slow-growth Era
China is slowing. It grew by 7.3 percent in the third quarter, the weakest quarterly growth for 66 months, according to the National Bureau of Statistics. |
China Industrial Deflation Deepens in September
Wholesale prices fell in September for a record-tying streak while consumer inflation eased to a nearly five-year low, adding to signs of tepid demand in China. |
China Reports Weaker-than-Expected August Import Data
China's imports unexpectedly dropped 2.4 percent year-on-year to $158.63 billion in August, while exports grew 9.4 percent, thanks to recovering demand in the US and Europe, data from the General Administration of Customs showed on Sep 8th. |
China's non-manufacturing PMI rebounds in August
China's non-manufacturing activity slightly recovered in August as tertiary industry was robust and market outlook remained optimistic, official data suggested on Wednesday. |
Nation Looks to Boost International Use of RMB for Trade
China is strengthening its policy on yuan internationalization by promoting wider use of the currency around the world. |
China to ease financing pressure of companies
The State Council, the country's cabinet, announced Thursday (Aug 14th) a batch of measures to reduce the high financing costs for enterprises. |
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