China Manufacturing PMI Growth Slows, Shows Uneven Economic Recovery
China’s manufacturing industry grew at a slower pace in August, with the official manufacturing PMI falling slightly to 51 in August from 51.1 in July.
Tag: #economy
Showing 12 of 40 posts with this tag
Chinese Tech Industry Shifts Into Lower Gear as Layoff Rumors Swirl
The next stage of development for the Chinese technology industry is likely to marked by slower growth, albeit with more stable operations.
4/1/20226 min read
Street Stalls Make Unexpected Comeback As Local Beijing Officials’ Attitudes Waver
The return of the once-ubiquitous street vendors was expected to bring back Chinese economic vibrancy that was affected by COVID-19, but the public frenzy has been contained by local officials in Beijing.
Hong Kong Stock Exchange Aims to Merge With London
The Hong Kong Stock Exchange has made a bold proposal to acquire the London Stock Exchange in a deal worth $36.6 billion.
9/11/20192 min read
China’s Central Bank Takes Action to Quell Mounting Inflation Concerns
Officials at the People’s Bank of China (PBOC) announced new measures late Monday night aimed at curtailing growth in the yuan’s value, which has recently surged to its highest level against the dollar in three years.
Steve Bannon: Shutting Out Huawei Is 10 Times More Important Than the Trade Deal
Trade tension between the U.S. and China exacerbates as Steve Bannon, former White House chief strategist, says driving out Huawei is more important than the trade deal.
Assessing China's Platform Economy in 2022
Nowhere has the digital platform economy's impact been more apparent than in China, where a burgeoning economy and technological metamorphosis in recent decades have been underpinned by a cohort of sprawling and innovative tech giants including Alibaba, Tencent and Baidu.
1/17/20226 min read
China and U.S. Reached Consensus for a Temporary Truce of the Trade War
Xi Jinping, President of China met with U.S. President Donald Trump after the G20 summit in Buenos Aires, Argentina on Dec. 1, during which the two leaders reac...
12/3/20182 min read
How Science and Technology Industrial Parks Invigorated Western China’s Economy
During the past two decades China has undergone an economic miracle with rising living standards permeating all levels of society.
Huawei HiSilicon to Sell 4G Communication Chip Balong 711
Recently, Huawei's chip company HiSilicon (Shanghai) Technology Co., Ltd. announced it will sell its 4G communication IoT chip - the Huawei Hisilicon LTE Cat4 platform Balong 711 for the first time.
Article on Chinese Economy Forwarded by Tencent CEO Pony Ma Triggers Heated Discussion
An article about the Chinese economy published by an official WeChat account was widely forwarded among users on May 21. It was reported that Tencent CEO Pony Ma had also forwarded the article.
US to Refrain from Declaring China a Currency Manipulator in Pending Report
China will not be formally labelled a currency manipulator by the US Treasury Department in their upcoming foreign exchange report, Bloomberg revealed Tuesday, citing people familiar with the matter.
4/14/20213 min read