Auto sales in China fell for a 14th consecutive month in August, and the number of new energy vehicles (NEVs) sold contracted for the second month in a row, data from the country’s
It is unfortunate that the US-China trade war has entered a new phase at a time when the global growth itself remains shaky. Indications that negotiations would resume some time
A weak Purchasing Managers’ Index (PMI) in China is often viewed as a buy signal for industrial metals such as iron ore and copper, as investors take the view Beijing will boost stimulus spending. Problem is, the evidence for this is mixed.
BEIJING: Activity in China’s services sector expanded at the fastest pace in three months in August as new orders rose, prompting the biggest increase in hiring in over a year,
China’s yuan fell to an 11-year low against the dollar on Monday and stocks dropped as the Sino-US trade war sharply escalated, threatening to inflict more damage on the world’s largest economies.
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.
Factory activity in China shrank in August for the fourth month in a row as the United States ramped up trade pressure and domestic demand remained sluggish, pointing to a further slowdown in the world›s second-largest economy.
Global stock markets mostly climbed on Monday after China unveiled fresh stimulus measures, while below-par US jobs data reinforced expectations the Federal Reserve would cut interest rates this month.
China and the United States on Thursday agreed to hold high-level talks in early October in Washington, boosting markets as investors