Consumer confidence remains weak in China
Consumer confidence remains weak in China
Chinese tourists traveled more but spent less during the five-day Labor Day holiday.
Data pointed out that Consumer Confidence is...
Call for “China should further reduce US bonds”
Call for “China should further reduce US bonds”
China needs to further reduce its US bond holdings to reduce Washington's potential influence.
China needs to further...
China’s industrial profits grew slower in first quarter
China's industrial profits grew slower in first quarter
Industrial profits in China fell in March and growth slowed in the first quarter compared to the...
Subsidy for car trade-ins from China
Subsidy for car trade-ins from China
The Chinese Ministry of Commerce announced that a subsidy of 10 thousand yuan ($1,379) per person will be given...
Message from Xi to the USA: ‘We should be partners, not rivals’
Message from Xi to the USA: 'We should be partners, not rivals'
In his meeting with US Secretary of State Antony Blinken, who came to...
Green light from Mercedes to China
Green light from Mercedes to China
German automobile manufacturer Mercedes stated that China is very important for its global strategy and announced that they will...
China’s state investment fund allocated $41 billion to exchange-traded funds in the first quarter to support the stock market
China's state investment fund allocated $41 billion to exchange-traded funds in the first quarter to support the stock market
In the first three months of...
Fitch revised China’s rating outlook
Fitch revised China's rating outlook
International credit rating agency Fitch Ratings confirmed China's credit rating as "A+" and changed its rating outlook from stable to...
Service sector activity grows in China
Service sector activity in China posted growth in July from business activity, which rose solidly across the industry.
China's service sector activity posted stronger growth...
China announces package to increase domestic consumption
China's National Development and Reform Commission (NDRC) has announced a 20-item package to boost domestic consumption. According to the package, consumption of a wide...