China auto output and sales jump in March
BEIJING: China’s automobile industry posted a sharp rebound in March, with production rising to 2.917 million units and sales reaching 2.899 million units, according to data released...
Tag : china economy
China forex reserves fall in March to $3.34 trillion
BEIJING: China’s foreign exchange reserves fell to $3.3421 trillion at the end of March, official data showed on April 7, as a stronger U.S. dollar and weaker prices...
Data show Trump trade war failed to cut US China trade gap
WASHINGTON: More than seven years after President Donald Trump launched sweeping tariffs on Chinese goods, official data and widely cited economic studies show the measures raised costs inside...
Economic slowdown in China fuels calls for stronger fiscal measures
China’s manufacturing sector faces renewed contraction, as PMI data underscores weak domestic demand, global trade risks, and calls for stronger stimulus in 2025....
Yuan weakens further, testing China’s resolve amid U.S. policy shifts
Beijing struggles to stabilize the yuan as Trump tariffs and a strong U.S. dollar intensify pressures on China’s economy, raising global concerns about financial and...
Oil prices rise to highest levels since October on tightening US stockpiles
Oil prices surged to multi-month highs as US crude stockpiles fell for the sixth straight week, boosting WTI and Brent amid tightening supplies and bullish...
China industrial profits fall 4.7 percent in first eleven months of 2024
China’s industrial profits fell 4.7 percent in the first eleven months of 2024, according to the National Bureau of Statistics, highlighting ongoing economic challenges....