China Data

China Retail Sales Grow Just 0.6% in July as Investment Slump Deepens

China's retail sales rose just 0.6% in July, missing forecasts, while industrial output slowed and fixed-asset investment fell, underscoring economic weakn

BP Names Ian Tyler Permanent Chair After Manifold Ousting

BP appointed Ian Tyler as permanent chair on Wednesday, ending a search that followed the contentious removal of Albert Manifold in May.

Ryanair Warns European Air Fares Will Rise as Jet Fuel Hits $140

Ryanair cut its annual passenger target to 214 million on Wednesday and warned European air fares will rise if jet fuel stays near $140 a barrel.

US Envoys Witkoff and Kushner Arrive in Moscow for Ukraine Peace Push

US envoys Steve Witkoff and Jared Kushner arrived in Moscow on September 5 for Ukraine peace talks as Russian attacks killed at least five people.

American Airlines Adds Flagship Suites to Boeing 777 Jets for Long-Haul Flights

American Airlines is installing its Flagship Suite premium cabins on its largest Boeing 777 jets, targeting its busiest long-haul international routes.

China’s Trade Surplus Expands as Imports Decline in First Two Months of the Year

According to official customs data released on Tuesday, China's imports and exports slightly decreased by 0.8 percent year-on-year to 6.18 trillion yuan ($890 billion)...

China’s Economic Regulator Predicts Achievable Growth Target for 2023

China's top economic regulator, the National Development and Reform Commission, announced on Monday that the country's growth target of around 5% for 2023 is...

Goldman Sachs Upgrades China’s Growth Forecast as US Companies Invest in Country’s Consumer Market.

Many of the largest US companies are doubling down on China, betting on the nation's vast consumer market and the potential for a post-pandemic...

Mobile Payments on the Rise as Hong Kong and Macao Residents Open 235,000 Accounts at Mainland Chinese Banks

As the world becomes increasingly interconnected, more and more people are looking for convenient ways to manage their finances across different regions. In Hong...

China Strengthens Financial Cooperation between Mainland and Hong Kong/Macao with New Guidelines

China is making significant strides towards strengthening economic and business ties across the Guangdong-Hong Kong-Macao Greater Bay Area, with a particular focus on Qianhai...

Reforms in China’s Healthcare Insurance Aim to Promote Efficient Use of Public Medical Funds, Experts Say

Chinese local governments have recently implemented healthcare insurance reforms that aim to promote efficient use of public medical funds and increase benefits for those...

RCEP helps more ASEAN agricultural products enter Chinese market

The implementation of the Regional Comprehensive Economic Partnership (RCEP) has brought about changes in the import of fruits and agricultural products from Southeast Asian...

Chinese Housing Market Resilient with Month-on-Month Increase in Home Prices in January

The Chinese housing market showed signs of stability in January, with a greater number of cities experiencing slight month-on-month increases in home prices, according...

China’s Spring Festival Travel Rush Sees Over 1.5 Billion Trips, Boosts Tourism and Consumption Revival

The Spring Festival travel rush, which marks the celebration of the Chinese New Year, officially ended on Wednesday. The travel season, also known as...

Fitch Revises Up Projection of China’s 2023 Economic Expansion to 5%, Up from 4.1%

The reason for the revision, according to Fitch, is the "evidence of a faster-than-expected recovery in consumption and activity" following the lifting of many of China's strict Covid restrictions. This shift away from the country's "Covid-zero" policy has opened the door for increased economic activity.

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