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BusinessJul 16China’s consumption has a new, fast-growing driver: local touristsIn the first half of this year, leisure travel within China exploded. As the summer travel season builds towards the Mid-Autumn Festival and the “golden week” that follows National Day on October 1, domestic travel has emerged as one of China’s most important, if underappreciated, drivers of consumption and growth. During the extended Chinese New Year holiday, travel and consumer spending boomed. Domestic trips jumped to 596 million and spending surpassed 803 billion yuan (US$118.13 billion),...South China Morning Post
BusinessJul 15New growth drivers mark China economic resilienceNew growth drivers are reportedly contributing to the economic resilience of China. This suggests evolving factors are supporting the country's economic stability and expansion.usa.chinadaily.com.cn · China
BusinessJul 15Amazon adds strategic warehouses in China to support its seller networkAmazon is expanding its operations by adding strategic warehouses in China. This move aims to support its seller network within the region.Seeking Alpha Tech
BusinessJul 15China economy grows 4 . 3 % in Q2 , slowest since late 2022China's economy grew by 4.3% in the second quarter, marking its slowest growth rate since late 2022. This economic data provides insight into the current state of China's economic performance.wdiy.org · United States
BusinessJul 15Connect scheme for gold shines light on China’s financial liberalisationWhen Hong Kong launched its latest Connect programme on July 7, most of the attention focused on gold. That misses the bigger story. Delivery Connect, part of the city’s new gold clearing and settlement system, is not simply another financial initiative but the latest evidence that Beijing has settled on a distinctive model for opening up China’s financial markets. Rather than embracing wholesale financial liberalisation, China is steadily integrating with global markets through carefully...South China Morning Post
BusinessJul 15China EconomyThe article generally concerns the economy of China. It likely provides an overview or analysis of the nation's economic status.kdhnews.com · United States
BusinessJul 15China EconomyThis article discusses the economy of China. It likely covers various aspects of its economic performance or policies.kdhnews.com · United States
BusinessJul 15Chipmaker CXMT Eyes $9.8b In Blockbuster China IPOChangXin Memory Technologies wants to rival US giant Micron and South Korea's Samsung Electronics and SK hynix in memory chips used in AI data centres. The post Chipmaker CXMT Eyes $9.8b In Blockbuster China IPO appeared first on Channels Television.Channels TV
BusinessJul 15CORRECTS : China says its economy grew 4 . 3 % in the last quarter from a year earlier , slowing from 5 % in Jan - MarchChina has reported its economy grew by 4.3% in the last quarter compared to the previous year. This growth rate represents a slowdown from the 5% recorded in the January-March period.leadertelegram.com · United States
BusinessJul 15China’s Economic Growth Hits Slowest Pace In More Than Three YearsThe 4.3 per cent year-on-year expansion reported by the National Bureau of Statistics (NBS) for April-June was short of the 4.5 per cent forecast in an AFP survey of economists and the slowest growth since the fourth quarter of 2022. The post China’s Economic Growth Hits Slowest Pace In More Than Three Years appeared first on Channels Television.Channels TV
BusinessJul 15China's June factory output surges 5.3% and retail rebounds, but property drags persistChina's June economic data shows a surge in factory output and a rebound in retail, although the property sector continues to face persistent challenges. This reflects mixed trends in the country's economic performance.Seeking Alpha Tech
BusinessJul 15China’s Q2 GDP growth slows to 4.3%, missing targets amid property slump and oil shockChina's Q2 GDP growth slowed to 4.3%, missing targets. This slowdown is attributed to a property slump and an oil shock.Seeking Alpha Tech
BusinessJul 15China giving MNCs strategic forteChina is reportedly providing multinational corporations (MNCs) with strategic advantages. This suggests a development in international business and economic strategy.global.chinadaily.com.cn · China
BusinessJul 15China economy slows to 4 . 3 per cent in last quarterChina's economy experienced a slowdown, with growth reaching 4.3 percent in the previous quarter. This economic performance is a key indicator for global markets and trade.merimbulanewsweekly.com.au · Australia
BusinessJul 15China economic growth falls sharply , missing targetChina's economic growth has significantly declined, failing to meet its projected targets. This development signals important economic challenges within a major global market.adaderana.lk · Sri Lanka
BusinessJul 15China memory giant CXMT valued at US$85 billion in record Shanghai IPOChina’s leading memory chipmaker, ChangXin Memory Technologies (CXMT), has priced its Shanghai initial public offering at 8.66 yuan (US$1.28) apiece, positioning the company for the largest listing by a Chinese semiconductor company on a mainland bourse. The firm, based in Hefei, Anhui province, is expected to raise gross proceeds of 57.9 billion yuan (US$8.5 billion) from the sale of nearly 6.7 billion shares, according to an offering announcement released on Tuesday. The shares represent 10...South China Morning Post
BusinessJul 15China’s first-tier home prices extend 4-month rebound amid market stabilisationNew home prices in four Chinese first-tier cities rose by an average of 0.1 per cent last month, extending a four-month rebound and signalling a gradual recovery in market sentiment as housing stabilisation measures gain traction. Compared with May, home prices edged up 0.3 per cent in Shanghai and Shenzhen and by 0.2 per cent in Guangzhou, according to data released by the National Bureau of Statistics on Wednesday. However, they fell 0.3 per cent in Beijing. Among 70 large and medium-sized...South China Morning Post
BusinessJul 15China economic grip alarms US Congress - Mangalorean . comThe economic influence of China is reportedly alarming the US Congress. This indicates notable concerns regarding geopolitical economic dynamics among US lawmakers.mangalorean.com · India
BusinessJul 15China economy slows to 4 . 3 % annual pace of growth in April - JuneChina's economy experienced a slowdown, with an annual growth rate of 4.3% recorded between April and June. This indicates a significant shift in the economic performance of a major global power.niagarafallsreview.ca · Canada
BusinessJul 15China Evergrande liquidators warn PwC partners not to use divorce to shield assetsLetter to auditors of failed property group comes after reports of some taking steps to avoid potential damage payoutsFinancial Times
BusinessJul 15China posts slowest GDP growth since 2022 at 4.3%, missing expectationsThat second-quarter growth came below Beijing's full-year growth target range of 4.5% to 5%, the least ambitious goal in decades.CNBC
BusinessJul 15China Rare Earth Dominance Drives Price Spikes and Slow ReversalsChina's significant control over rare earth elements is causing fluctuations in market prices, leading to both sharp increases and gradual declines. This illustrates the global economic impact of a single country's dominance in key resources.azom.com · United States
BusinessJul 15China increases holdings of US Treasuries despite diversification trendChina has increased its holdings of US Treasuries, which goes against a general trend of diversification. This indicates a significant shift in international financial investment strategies.scmp.com · China
BusinessJul 15China's foreign trade surges, driven by AI and electric vehiclesChina's exports rose by 27% in June compared to the same month last year. Despite an increase in imports, the country posted a trade surplus of $576 billion in the first half of the year.Le Monde [en]