Regional News

17.07.2019

China’s new Silk Road trade expands to over $600 billion in first half of 2019

China’s trade with countries participating in its ambitious Belt and Road Initiative (BRI) has been expanding and reached 4.24 trillion yuan ($617.5 billion) in the first half of this year.

Customs data showed trade with BRI countries for the period was up 9.7 percent year-on-year. It has outpaced the growth rate...

China’s trade with countries participating in its ambitious Belt and Road Initiative (BRI) has been expanding and reached 4.24 trillion yuan ($617.5 billion) in the first half of this year.

Customs data showed trade with BRI countries for the period was up 9.7 percent year-on-year. It has outpaced the growth rate...

17.07.2019

Navigating headwinds, China remains anchor for world economy

In an otherwise turbulent world fraught with uncertainties, China's steadily expanding economy came as a relief and once again proved its key role in powering global growth.

Data from the National Bureau of Statistics showed the economy grew 6.2 percent in the second quarter of the year, retreating from the 6.4-percent...

In an otherwise turbulent world fraught with uncertainties, China's steadily expanding economy came as a relief and once again proved its key role in powering global growth.

Data from the National Bureau of Statistics showed the economy grew 6.2 percent in the second quarter of the year, retreating from the 6.4-percent...

17.07.2019

China approves investment projects worth 69bn USD in H1

China's top economic planner approved 94 fixed-asset investment (FAI) projects with combined investment totaling 471.5 billion yuan (about 69 billion U.S. dollars) in the first half of the year, official data showed Tuesday.

The projects were mainly in energy, transportation and high-tech industries, according to Meng Wei, spokeswoman with the National...

China's top economic planner approved 94 fixed-asset investment (FAI) projects with combined investment totaling 471.5 billion yuan (about 69 billion U.S. dollars) in the first half of the year, official data showed Tuesday.

The projects were mainly in energy, transportation and high-tech industries, according to Meng Wei, spokeswoman with the National...

17.07.2019

China's industrial output expands 6 pct in H1

China's value-added industrial output, an important economic indicator, expanded 6 percent year on year in the first half, official data showed Monday.

The growth rate was 0.5 percentage points lower than that recorded in the first quarter of the year, the National Bureau of Statistics said in a statement.

In June alone,...

China's value-added industrial output, an important economic indicator, expanded 6 percent year on year in the first half, official data showed Monday.

The growth rate was 0.5 percentage points lower than that recorded in the first quarter of the year, the National Bureau of Statistics said in a statement.

In June alone,...

17.07.2019

Chinese yuan weakens to 6.8710 against USD Tuesday

The central parity rate of the Chinese currency renminbi, or the yuan, weakened 33 basis points to 6.8710 against the U.S. dollar Tuesday, according to the China Foreign Exchange Trade System.

In China's spot foreign exchange market, the yuan is allowed to rise or fall by 2 percent from the central...

The central parity rate of the Chinese currency renminbi, or the yuan, weakened 33 basis points to 6.8710 against the U.S. dollar Tuesday, according to the China Foreign Exchange Trade System.

In China's spot foreign exchange market, the yuan is allowed to rise or fall by 2 percent from the central...


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