China’s manufacturing PMI slightly down in January
The purchasing managers' index (PMI) for China's manufacturing sector stood at 50 in January, slightly down from 50.2 in December, the National Bureau of Statistics (NBS) said Friday. A reading…
Posted inEconomy
Trump signs new trade deal with Canada, Mexico into law
US President Donald Trump on Wednesday signed the revised United States-Mexico-Canada Agreement (USMCA) into law in an outdoor ceremony on the White House South Lawn. Hundreds of guests were invited…
Posted inEconomy
China’s transport industry posts robust growth in 2019
China's transport sector registered robust development in 2019, reporting expanded size and improved structure, data from the country's transport regulator showed. The country's fixed-asset investment in the sector is estimated…
Posted inEconomy
Chinese textile companies seeking US market expansion
Chinese textile companies have been actively exploring and expanding into the US market through more innovation, upgraded services and bigger global footprints, according to industry insiders. "We've been investing 7…
Posted inEconomy
Chinese state councilor meets Thai FM
Chinese State Councilor and Foreign Minister Wang Yi met with Thai Foreign Minister Don Pramudwinai here on Thursday. China is willing to work with Thailand to implement the consensus reached…
China-aided stadium in Cambodia symbolizes friendship
Robed in a high-vis vest and crowned with a white hard-hat, Chea Samnang, a 25-year-old construction worker, is proud of working with a Chinese developer to build a China-aided main…
Posted inEconomy
Apps bank on big red packet promos
Spring Festival has become a promotional battlefield for Chinese internet companies as they prepare to shell out more than 10 billion yuan ($1.45 billion) on digital red packets this year,…
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China’s FTZ favored by foreign investors
East China's Jiangsu Province has shown increasing appeal to foreign investors in less than half a year after it was established as a pilot free trade zone (FTZ). Since its…
Posted inEconomy
Chinese economy in good position for future growth: US economist
The Chinese economy is in a good position for future growth as the country is making headway in further reform and opening-up at an appropriate pace, a senior US economist…
Posted inEconomy
S.Korea’s real GDP growth hits 10-year low in 2019
South Korea's real gross domestic product (GDP), adjusted for inflation, posted the lowest growth in 10 years last year, central bank data showed Wednesday. The real GDP grew 2.0 percent…