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China set a modest target for economic growth this year of around 5 per cent on Sunday as it kicked off the annual session of its National People’s Congress (NPC),
China’s announcement of key interest rate reforms over the weekend has fuelled expectations of an imminent reduction in corporate borrowing costs in the struggling economy, boosting share prices on Monday.
India is targeting companies including Apple, Foxconn and Wistron Corp with a charm offensive aimed at encouraging them to shift business out of trade war-hit China, according to a source and a document seen by Reuters.
The Islamabad Chamber of Commerce & Industry (ICCI) has welcomed the announcement of Prime Minister of Pakistan to establish CPEC Authority for timely completion of CPEC projects and termed it a positive development
The price of aluminium in Shanghai traded at nine-month highs this week on the back of Chinese smelter outages. The Shanghai Futures Exchange (ShFE) contract has seen volumes accelerate and open interest surge on the higher prices,
Chinese factory prices hit a more than two-year high in March, data showed on Friday, highlighting the country’s strong recovery but feeding concerns it could filter through to the global economy
China slapped a record 18 billion yuan ($2.75 billion) fine on Alibaba Group Holding Ltd on Saturday, after an anti-monopoly probe found the e-commerce giant had abused its dominant market position for several years.
China’s yuan edged higher on Tuesday from a one-month low against the dollar hit a day earlier, supported by signs of de-escalation in Sino-US tensions.
China’s consumer prices fell the fastest in three years in November while factory-gate deflation deepened, indicating rising deflationary pressures as weak domestic demand casts doubt over the economic recovery. The consumer price index (CPI) dropped 0.5% both from a year earlier and compared
The Purchasing Managers' Index (PMI), a key gauge of manufacturing activity, fell to 50.6 last month from 51.3, said the National Bureau of Statistics.