China economy
The Latest
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China Curbing Gold Imports To Control Dollar Outflow
China has reportedly cut its total shipments of gold by 300 to 500 tons, worth $15 billion to $25 billion, since May to curb the outflow of US dollars. China has reportedly cut its total shipments of gold by 300 to 500 tons, worth $15 billion to $25 billion, since May to curb the outflow of US dollars. -
Lenovo Reports Doubled Q2 Profits Bolstered By Strong PC Sales
Lenovo Group Ltd reported profits of $162 million for its second-quarter ending in June, beating analysts' estimates of $154 million. Lenovo Group Ltd reported profits of $162 million for its second-quarter ending in June, beating analysts' estimates of $154 million. -
Chinese Investments In Europe Dropped By 84 Percent In First Half Of 2019
Chinese investments in Europe for the first half of 2019 only amounted to around $2.4 billion, a big drop from the $17.7 billion invested last year. Chinese investments in Europe for the first half of 2019 only amounted to around $2.4 billion, a big drop from the $17.7 billion invested last year. -
Alibaba Posts Massive Q2 Gains Despite Economic Slowdown
Alibaba reported a 42 percent increase in revenue to $16.7 billion for its second-quarter ending in June. Alibaba reported a 42 percent increase in revenue to $16.7 billion for its second-quarter ending in June. -
China’s Economy Is Not Crashing, Expert Says
China’s economy is not on the verge of breaking down, an expert said, despite fears that a recession is close at hand. China’s economy is not on the verge of breaking down, an expert said, despite fears that a recession is close at hand. -
China Retail Sales Increased By 8.3 Percent Year-On-Year In First Seven Months Of 2019
China's National Bureau of Statistics reported an 8.3 percent increase year-on-year in the country's retail sales of consumer goods for the first seven months of the year. China's National Bureau of Statistics reported an 8.3 percent increase year-on-year in the country's retail sales of consumer goods for the first seven months of the year. -
First Half GDP Of Top 20 Chinese Cities Reaches $2.29 Trillion
The overall output of the top Chinese cities has managed to grow by 1.2 percent for the first half of the year. The overall output of the top Chinese cities has managed to grow by 1.2 percent for the first half of the year. -
China Bank Lending Declined In July At Higher-Than-Expected Rate
The People's Bank of China reported a drop in overall net loans for the month of July, sparking expectations for a possible rate cut to offset slowing credit demand. The People's Bank of China reported a drop in overall net loans for the month of July, sparking expectations for a possible rate cut to offset slowing credit demand. -
China And Hong Kong Gold-Backed ETFs Hit Record Highs
Gold-backed exchange-traded funds (ETFs) in China and Hong Kong have seen major increases, sending prices to new record highs. Gold-backed exchange-traded funds (ETFs) in China and Hong Kong have seen major increases, sending prices to new record highs. -
China Central Bank Assures Market It Can Maintain Yuan Stability
The People's Bank of China (PBOC) issued a statement to assure the market that it will be able to maintain the currency at a stable equilibrium following the sudden value drop. The People's Bank of China (PBOC) issued a statement to assure the market that it will be able to maintain the currency at a stable equilibrium following the sudden value drop.