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    China’s services sector expands at fastest pace in nearly 12 years

    China’s services sector expands at fastest pace in nearly 12 years

    01 Apr 2023

    China’s manufacturing activity expanded at a slower pace in March, official data showed, raising doubts about the strength of a post-COVID factory recovery amid weaker global demand and a property...

    Recoveries in Asian economies losing steam: WB

    Recoveries in Asian economies losing steam: WB

    31 Mar 2023

    Developing economies in Asia have mostly regained ground lost during the pandemic but are seeing their recoveries stall as productivity lags, the World Bank said in a report released on ...

    Aramco boosts China investment with two refinery deals

    Aramco boosts China investment with two refinery deals

    27 Mar 2023

    Saudi Aramco raised its multi-billion dollar investment in China by finalising and upgrading a planned joint venture in northeast China and acquiring an expanded stake in a privately controlled petrochemical...

    Risks of financial uncertainty have surged, warns IMF chief

    Risks of financial uncertainty have surged, warns IMF chief

    26 Mar 2023

    International Monetary Fund (IMF) chief Kristalina Georgieva warned on Sunday that risks to financial stability had increased and stressed “the need for vigilance” following the recent turmoil in the banking...

    UAE, China review enhancing joint investment opportunities

    UAE, China review enhancing joint investment opportunities

    19 Mar 2023

    Abdullah Ahmad Al Saleh, Under-Secretary of the Ministry of Economy, held a bilateral meeting with Zhang Xiangchen, Deputy International Trade Representative for the People’s Republic of China, on the sidelines...

    China sets 5% GDP growth target for 2023

    China sets 5% GDP growth target for 2023

    05 Mar 2023

    China’s outgoing Prime Minister Li Keqiang, in his Government Work Report, presented to the 14th session of National People’s Congress (NPC) on Sunday, set the goal of GDP growth for...

    China sets an economic growth target of around 5% this year

    China sets an economic growth target of around 5% this year

    05 Mar 2023

    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 factory activity stuns with fastest growth in a decade

    China’s factory activity stuns with fastest growth in a decade

    01 Mar 2023

    China’s manufacturing activity expanded at the fastest pace in more than a decade in February, an official index showed on Wednesday, smashing expectations as production zoomed after the lifting of...

    Lenovo posts worst revenue fall in 14 years

    Lenovo posts worst revenue fall in 14 years

    18 Feb 2023

    China’s Lenovo Group reported a 24 per cent revenue decline for the third quarter, its largest revenue fall in 14 years as global demand for electronics slumped, and said it...

    China new bank loans jump to record $720.2 billion in January

    China new bank loans jump to record $720.2 billion in January

    11 Feb 2023

    New bank loans in China jumped more than expected to a record 4.9 trillion yuan ($720.2 billion) in January as the central bank looks to kickstart a recovery in the...

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