Employees work at a welding workshop in a car factory in Weifang in China’s eastern Shandong province on Tuesday. Agence France-Presse
China’s factory activity grew at a slightly slower rate in February as factories closed for the Lunar New Year holiday, a Reuters poll showed, although growth is expected to remain firm, buoyed by an early resumption of production.
China’s factory activity growth slowed slightly in May as raw materials’ costs grew at their fastest pace in over a decade, weighing on the output of small and export-oriented firms.
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
China on Friday set a modest annual economic growth target, at above 6%, and pledged to create more jobs in cities than last year, as the world’s second-biggest economy planned a careful course out of a year disrupted by COVID-19.
Europe emerged from a double-dip recession in the second quarter with stronger-than-expected growth of 2 per cent over the quarter before, according to official figures released Friday,
European regulators have fined Amazon 746 million euros ($886 million) for data protection violations. Amazon said in a regulatory filing on Friday
Daimler will keep a 35% stake in the trucks division it plans to spin off this year, the luxury carmaker said on Friday, giving more details on a landmark corporate split it hopes will boost share values.