Zhiwei Zhang News
14.10 / 21:12
markets
UPS
President
country
reports
rights
Chinese finance minister hints at increasing the deficit at highly anticipated briefing
BEIJING — China's Minister of Finance Lan Fo'an told reporters Saturday during a highly anticipated press briefing that the central government has room to increase debt and the deficit.
31.03 / 04:09
UPS
Manufacturing
economy
Trade
President
travelers
China manufacturing activity grows at highest rate in a year
Authorities have looked in recent months to revive confidence in the Chinese economy, grappling with a prolonged property sector crisis and now under increasing pressure from fresh trade tensions with the United States. The Purchasing Managers' Index — a key measure of industrial output — came in at 50.5 in March, according to the National Bureau of Statistics (NBS), above the 50-point mark that separates growth and contraction. The reading for March was up from February's 50.2, and the highest in twelve months. Manufacturing was boosted by workers' return to work after the traditional Spring Festival travel period in February and the fact that «enterprises' production and operating activities accelerated,» NBS statistician Zhao Qinghe said in a statement.
15.10 / 04:17
markets
UPS
Manufacturing
Sustainability
Trade
President
China exports growth slows in blow to economy’s bright spot
China’s export growth unexpectedly slowed in September, curbing a trade rebound that has been a bright spot for a weakening economy that policymakers are relying on manufacturing to power. Exports climbed just 2.4% in dollar terms from a year earlier to almost $304 billion, the lowest level since May, the customs administration said Monday. Shipments to key markets including Japan, South Korea and Taiwan all fell, while exports to the European Union and the US marked their slowest rise in at least four months as politicians ramped up tariffs. Russian purchases of Chinese goods soared to a record $11 billion, as Beijing continues to shield Moscow from economic isolation after Western companies producing everything from cars to phones quit President Vladimir Putin’s nation due to sanctions to punish his military aggression.
26.09 / 09:47
09.09 / 10:04
Reuters
Food
wellness
Cycling
country
information
reports
China's CPI climbs by a less-than-expected 0.6% as transport and home goods prices fall
BEIJING — China on Monday reported its consumer price index rose by 0.6% year on year in August, missing expectations as transportation and home goods prices, as well as rents declined.
10.03 / 23:17
UPS
Target
Reuters
economy
Trade
International
China's consumer prices swing up on seasonal Lunar New Year gains
By Ryan Woo and Liangping Gao
15.10 / 15:55
UPS
economy
show
country
information
reports
Oil: Bull Case Limited in Near Term, OPEC Scaremongering Infinite
At a journalism clinic I hosted in Asia some years back, one of my pleas was “don’t throw the entire kitchen sink at the story”.
10.03 / 11:51
15.02 / 04:23
10.08 / 09:49
UPS
Citi
Reuters
China consumer prices hit a two-year high
BEIJING — China's consumer price index hit a two-year high in July as pork prices rebounded, according to official data released Wednesday.
18.01 / 22:52
UPS
Citi
Reuters
Chinese yuan
Rate Cut
Chinese yuan could come under more pressure after surprise rate cut
China's central bank unexpectedly cut loan rates on Monday — a move that will likely put more downward pressure on the Chinese currency, one analyst said.
14.01 / 06:17
UPS
Citi
Reuters
China's December exports rose 20.9% from a year ago, slightly more than expected
BEIJING — China's exports grew slightly more than expected in December, while imports rose less than expected, according to customs data released Friday.
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