Tag: china
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China’s industrial output slows in July, retail sales miss forecasts
BEIJING: China’s industrial output growth slowed while retail sales grew less than expected in July, highlighting strains on the economy from weak domestic demand, extreme weather disruptions and the waning effect of state policies aimed at boosting consumption.The downbeat readings followed second-quarter gr
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Xi Jinping leads event marking late Chinese leader Jiang Zemin’s 100th birth anniversary
In a 40-minute speech on Monday (Aug 17), the Chinese president called on the Communist Party to carry forward Jiang’s legacy, presenting the current leadership as the continuation of his political and ideological project.
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China’s economy slows further in July as retail sales barely grow, investment slump steepens
The data is reinforcing concerns about the health of the world’s second-largest economy, which has grappled with a deepening supply-demand imbalance.
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CNBC Daily Open: U.S.-Iran ceasefire set to expire
The fragile and contested ceasefire between the U.S. and Iran is set to expire today with no extension in sight.
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Zhu Rongji’s death adds new dimension to China’s high-profile remembrance of Jiang Zemin
Former Chinese Premier Zhu Rongji died aged 97 on Wednesday (Aug 12), five days before former President Jiang Zemin’s birth centenary. The convergence puts renewed focus on their reform-era legacies – and Beijing’s balancing act in celebrating them, analysts say.
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Goldman Sachs picks China stocks poised to benefit from a new wave of AI-related hardware exports
The Wall Street powerhouse notes areas where execution of corporate strategy matters more than macroeconomic trends.
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Secret outperformer: Dispelling the ‘myths’ about an unloved stock market
European markets fly under the radar when compared with larger and more liquid U.S. markets, but Goldman Sachs offered to dispel some of the myths them.
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Beijing is said to move to clarify tax rules stoking confusion among China’s ultra-wealthy
Beijing is said to be moving to clarify ambiguities in new tax rules on offshore trusts after the policy sowed confusion among wealthy Chinese and advisors.
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Jobs dry up as record numbers graduate in India, China
Record numbers of young people are graduating from university in China and India, while entry level jobs are disappearing. Is getting a degree still worthwhile? Or should job hunters focus on skills and microcredentials?
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Singapore takes trade compliance seriously, will take firm action against businesses that break laws: MTI
The United States flagged Singapore among more than 40 countries at risk of being used to circumvent tariffs on Chinese goods.
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