News from China Economy
Stay current with all the latest and breaking news about China Economy, compare headlines and perspectives between news sources on stories happening today. In total, 1,154 stories have been published about China Economy which Ground News has aggregated in the past 3 months.
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Trade · ChinaAbout 33 percent of Chinese companies surveyed reported a deterioration in the business environment within the European Union in 2023, according to a report released by China's top foreign trade and investment promotion agency on Sunday.See the Story
Multiple Chinese companies report worsening EU business environment
Economy · ChinaNewtalk News China's recent economy is in trouble, and young people who have just left society are finding it difficult to pay for expensive rents in times of economic downturn.Some viewers of this point, the renters, who are "gender-based renters", allow young women to use their own bodies as renters.According to media reports today (27 January), a college student who does not want to live in a school dormitory, joined a renting group.One of th…See the Story
In China, the "Sexual Rent" is becoming popular, and girls get up to 16 times in January
Economy · ChinaChina’s industrial companies’ profits fell in March as exports flagged and deflationary pressures persisted, suggesting the economy’s stronger-than-expected growth early this year might be tough to maintain.See the Story
China Industrial Profits Drop As Demand From Overseas Stalls
Coverage: 2 sources
Economy · BeijingChina is on a bold mission to cut ties with the US dollar and expects this move to majorly boost its economy by 2024. The plan? To stabilize foreign trade, ramp up investments, fuel the real economy, and kick consumption up a notch. They’re rolling out some serious reforms and initiatives to make it happen, according to Li Hui from the National Development and Reform Commission (NDRC). The rest of 2024 looks ripe for these changes to take root …See the Story
What does China actually hopes to achieve from ditching dollar forever?
Antony Blinken · ChinaU.S. Secretary of State Antony Blinken met with China's leader Xi Jinping. Washington and Beijing are engaging in talks over issues of economic development, global security, AI and more.See the Story
Secretary Blinken talked economy, security and AI during trip to China
100% Left coverage: 1 sources
Economy · ChinaExxon Tumbles On One-Time EPS Charges Despite Surge In Cash Flow, Buyback Boost With oil prices enjoying a powerful renaissance in recent months amid mounting supply concerns, declining inventory and the growing possibility that China's economy may finally kickstart, energy giants such as Exxon and Chevron had enjoyed a similar rebound in their stock price, and in fact XOM hit a record high as recently as 2 weeks ago. Which is why many were look…See the Story
Exxon Tumbles On One-Time EPS Charges Despite Surge In Cash Flow, Buyback Boost
100% Right coverage: 1 sources
Stock Markets · ChinaYuan Devaluation Fever Heats Up As China Stockpiles Metals Authored by Simon White, Bloomberg macro strategist, Gold trading in China has exploded and stocks of copper have risen sharply prompting speculation that policymakers are on the brink of a yuan devaluation. Even though it’s still a tail-risk, it’s one requiring greater vigilance as the economy becomes increasingly deflationary, redoubling capital outflow pressures. The yuan has been ste…See the Story
Yuan Devaluation Fever Heats Up As China Stockpiles Metals
100% Right coverage: 1 sources