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July CPI jumps 2.7% on higher food prices

CHINA’S consumer inflation accelerated for the second straight month in July on the back of higher food prices, official data showed yesterday. Consumer price index, the main gauge of inflation, grew ...

August 11, 2020, Tuesday

Caixin PMI expands at fastest rate in 9 years

CHINA’S factory activity expanded at its fastest pace in July since 2011 as domestic demand continued to improve after the pandemic, a private business survey showed yesterday. The Caixin/Markit Manufacturing ...

August 4, 2020, Tuesday

Economic recovery remains on track

CHINA’S economic activities remain on track for recovery as the latest data revealed an accelerated resumption across the board. But the economy still faces challenges from the global spread of the novel ...

June 16, 2020, Tuesday

China’s May CPI moderates to 2.4%

CHINA’S consumer inflation eased in May on retreating food prices while factory prices continued to drop, official data showed yesterday. The Consumer Price Index, a main gauge of inflation, rose by a ...

June 11, 2020, Thursday

Shanghai’s GDP falls 6.7% in Q1, tech bucks the trend

SHANGHAI’S gross domestic product declined 6.7 percent in the first quarter amid the COVID-19 pandemic, though industries led by the digital economy bucked the trend, according to Shanghai Bureau of Statistics. ...

April 21, 2020, Tuesday

China GDP contracts 6.8% in Q1, expects rebound

CHINA’S gross domestic product contracted 6.8 percent year on year in the first quarter, revealing for the first time the near-term impact of the COVID-19 pandemic on a major economy. The country’s economic ...

April 20, 2020, Monday

IMF expects output to shrink by 3%

THE coronavirus pandemic is pushing the global economy into its deepest recession in a century, cutting world output by 3 percent this year, the International Monetary Fund said yesterday. If the virus ...

April 15, 2020, Wednesday

Oil prices fluctuate despite deal on production cuts

OPEC, Russia and other oil-producing nations on Sunday finalized an unprecedented production cut of nearly 10 million barrels, or a tenth of global supply, in hopes of boosting crashing prices amid the ...

April 14, 2020, Tuesday

Shanghai unveils plan for online economy

SHANGHAI authorities yesterday announced its latest action plan to promote online economy, which has been thriving during the COVID-19 outbreak. The action plan focuses on 12 core areas, including unmanned ...

April 14, 2020, Tuesday

Measures to promote economy rolled out

THE Shanghai government has rolled out 20 new measures to expand investment and promote the economy, the city’s development planner said yesterday. The measures focus on major projects, expanding government ...

April 13, 2020, Monday



 

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