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Economic Data
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Yuan Tumble Unlikely Despite Weakening
Oct 24, 2016Though the Chinese currency renminbi, or the yuan, weakened to a six-year low against the U.S. dollar Friday, analysts said a sharp drop is unlikely despite persistent depreciation pressure. The central parity rate of the yuan retreated ...
Tags: Chinese currency, renminbi
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Economic Indicators Signal Recovery of Economy
Apr 3, 2016China's economy may have just come back for a recovery, recent economic indicators signaled. Latest data showed that China's manufacturing activity rebounded in March to its highest level since last August while non-manufacturing sector ...
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China Should Be Attractive for Foreign Investors
Mar 15, 2016"We will create an investment environment that is fairer, more transparent and more predictable. China must always be a land that attracts foreign investments," said Chinese Premier Li Keqiang on March 5, in his 2016 government work report ...
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China's Economy in Q3 Seen to Grow 6.6%
Oct 9, 2015China's economic data for September may show a stabilizing economy but they can't prevent the third-quarter growth sliding to as low as 6.6 percent, said analysts ahead of the data's release starting next week. "We expect the upcoming ...
Tags: China's Economy, economic data
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Li Keqiang's Home Truths About Chinese Economy
Sep 21, 2015The 9th Annual Meeting of the New Champions, a World Economic Forum conference hosted each year in China. It has come to be known as the “Summer Davos,” opened on Wednesday in the city of Dalian. It has become customary for the ...
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China Devalues Yuan in Surprise Move
Aug 12, 2015China's central bank has devalued the yuan by almost 2 per cent - its lowest rate against the US dollar in almost three years. The People's Bank of China (POBC) said the decision to devalue the yuan by 1.9 per cent was a "one-off ...
Tags: China Yuan, US dollar
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24 out of 26 Provinces See Increase in GDP Growth
Jul 27, 2015Of 26 provinces that have released their latest economic data, 24 posted an increase in GDP growth in the second quarter, while stable growth remained a major priority for the latter half of the year, reported Shanghai Securities News. ...
Tags: GDP Growth, China Economy
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China Walks The Economic Tightrope of Balancing Steady Growth
Mar 13, 2015As China walks the economic tightrope of balancing steady growth, facilitating restructuring and combating deflation risks, Zhou said there may be room for flexibility despite consistent championing of a prudent monetary policy. Policy ...
Tags: Central Bank, China's GDP
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Oil Prices Fell in Early Asian Trade with Markets Expecting Gloomy Chinese Economic Data
Jan 15, 2015Oil prices fell in early Asian trade on Monday, with markets expecting gloomy Chinese economic data to be published this week. U.S. stocks closed lower, marking a fifth straight session of losses, as bank results disappointed and ...
Tags: Oil Prices, U.S.stocks
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The State of The Trade Continues to Be Reported as Positive
Dec 23, 2014The state of the trade continues to be reported as positive, but less so than in the previous two quarters. Confidence has been resolutely positive since the start of 2013, and respondents had previously improved their reports further ...
Tags: actual balance, Office Supplies
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China's Export Was Far Less Than Expected in November, The Trade Surplus Hit a Record High
Dec 10, 2014China's export was far less than expected in November, crude oil and other commodity prices tumbled to the unexpectedly sharp drop in imports, the trade surplus hit a record high. China's economy is facing more downward pressure. China's ...
Tags: China's export, crude oil
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China's GDP Growth Falls to Five & a Half Year Low
Oct 23, 2014China’s National Bureau of Statistics said Tuesday the country’s gross domestic product rose 7.3% on the year for three months through September, the slowest growth since the first quarter of 2009. Inflation-adjusted economic ...
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The Study for The Third Quarter of 2014 Paints a Gloomy Outlook for The European Economy
Oct 17, 2014The GfK Consumer Climate Europe study for the third quarter of 2014 paints a gloomy outlook for the European economy, noting in particular that while there is a backdrop of growth in the UK, the Scottish referendum harmed consumer ...
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Chinese Apparent Oil Demand in August Increased 3.7%
Oct 13, 2014Platts’ analysis shows apparent oil demand in August was 41.19 million metric tons (mt), or an average 9.74 million barrels per day (b/d) — an increase of 3.7% year over year. This growth came despite a slew of bearish economic ...
Tags: Oil Demand
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Plenty of Investment Opportunities in China for Investers
Sep 9, 2014Recent soft economic data including falling property prices have many investors worried about a growth slowdown in China, but Platinum Asset Management sees plenty of investment opportunities. The funds manager said in a note to investors ...
Tags: China Economy
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