Employees work at a welding workshop in a car factory in Weifang in China’s eastern Shandong province on Tuesday. Agence France-Presse
The second China International Import Expo (CIIE), to be held on Nov.5-10, will bring thousands of foreign firms together with Chinese buyers in a bid to demonstrate the importing
Global stock markets rose on Friday, seemingly buoyed by high spirits on Wall Street, as new data suggested China’s economic slowdown may have stabilized and Washington and Beijing signed a trade deal.
China must make every effort to maintain economic and social control as it battles the coronavirus epidemic, and avoid causing panic that could lead to secondary “disasters,” President Xi Jinping told senior officials earlier this month.
The US economy grew at a record pace in the third quarter as the government injected more than $3 trillion worth of pandemic relief which fueled consumer spending, but the deep scars from the COVID-19 recession could take a year or more to heal.
Aircraft manufacturers are hit by the devastating impact of the coronavirus pandemic on the aviation industry. The number of global commercial aircraft orders was zero during the month of September.
Peugeot manufacturer PSA Group returned to revenue growth in its core autos division in the third quarter, recovering from a slump during coronavirus lockdowns, though the prospect of new restrictions hit French shares.
The Bank of Japan (BOJ) trimmed its economic growth and inflation forecasts for the current fiscal year (2020-21) on Thursday but offered a more upbeat view on the recovery outlook, signalling that it has delivered enough stimulus for the time being.