Economy


PMI shows signs of economic recovery

CHINA reported visible recovery in economic activities in March as the domestic COVID-19 situation began to ease, with the manufacturing activity index re-entering the expansion zone after a weak February ...

April 1, 2020, Wednesday


Financial aid for work resumption

Shanghai has offered comprehensive financial support for work resumption amid the COVID-19 epidemic, local authorities said at a press conference yesterday....

March 31, 2020, Tuesday


City unveils action plan to spur new biz formats

Shanghai has drawn up an action plan to foster new business formats, and will further build up the city’s development momentum for digital economy in the next three years....

March 31, 2020, Tuesday


Bulls are returning to US markets

After a brutal meltdown, some investors have been wading back into US stocks....

March 30, 2020, Monday


IMF says global economy in recession

The head of the International Monetary Fund has said it is clear that the global economy has now entered a recession that could be as bad or worse than the 2009 downturn....

March 30, 2020, Monday


Pudong planning six new industry clusters by 2025

Six industry clusters worth 100 billion yuan (US$14.1 billion) each will be formed and fostered by 2025, authorities in the Pudong New Area said yesterday....

March 27, 2020, Friday


Local plants helping global supply

As China’s caseload of COVID-19 continues to wane thanks to strict control measures, factories across the country have gradually returned to normal, which is expected to mitigate the impact of the novel...

March 23, 2020, Monday


HKSAR economy slides

THE Hong Kong economy fell 1.2 percent year-on-year in 2019, the first annual contraction over the past decade, as the months-long unrest and chaos dealt a crushing blow to a wide range of industries ...

February 4, 2020, Tuesday


China-US phase-1 deal signed

CHINESE Vice Premier Liu He and US President Donald Trump signed a phase-one economic and trade deal late yesterday at White House. At the invitation of the United States, Liu He, China’s chief negotiator ...

January 16, 2020, Thursday


Economic goals for coming year

SHANGHAI has set economic goals for 2020, and expects its gross domestic product to grow by around 6 percent, Shanghai Mayor Ying Yong said. “This year is critical in completing the construction of a ...

January 16, 2020, Thursday




 

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