A May 25 Bloomberg report said that Chinese officials plan to ask their American counterparts during the upcoming eighth round of the China-U.S. Strategic and Economic Dialogue about the chance of a Federal Reserve (Fed) interest rate ...
China's manufacturing activity expanded for the second month in a row in April but at a slower pace, official data showed on Sunday. The purchasing managers' index (PMI) came in at 50.1 in April, slightly down from March's 50.2 and below ...
Tags: manufacturing activity, sub-index measuring production
China'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 ...
China's latest efforts to stimulate its economy by deepening structural reform will produce rich "dividends" shared within China's borders and across the world. While the effectiveness of traditional demand-side policy support lessens, ...
Tags: Structural Reform, PRO-growth
China's central bank projected its baseline forecast for 2016 growth at 6.8 percent on Wednesday, expecting the number of positive factors to gradually increase despite downward pressure on the economy. The rate is slightly lower than the ...
Tags: Central Bank, economy
AM General, which has discharged its responsibilities as Mercedes-Benz's first and only contract manufacturer in the US, flagged off R-Class at its commercial vehicle assembly unit in Mishawaka, Indiana. AM General's commercial assembly ...
Tags: AM General, Mercedes-Benz
Production growth in China's machinery sector slowed sharply in the first half of 2015, an industry association said on Thursday, predicting a moderate rebound amid grim conditions. The China Machinery Industry Federation (CMIF) said the ...
China collected 5.94 trillion yuan (969 billion U.S. dollars) in taxes in the first half of this year, up 6.3 percent year on year, new data showed on Monday. The growth pace was in line with the overall economic growth in the first six ...
Tags: Tax Revenue, China economy
China's producer prices continue to fall in June, a sign of prolonged weakness of demand, data from the National Bureau of Statistics showed on Thursday. The producer price index, a measure of costs for goods at the factory gate, fell 4.8 ...
Tags: China's producer prices, PPI
Multiple economic indicators in recent months suggest the Chinese economy is over the worst as pro-growth and reform measures take effect, according to the National Bureau of Statistics (NBS). "Positive changes are occurring due to ...
Tags: Chinese Economy, Positive Signs
China's real estate market, widely scrutinized for its significance to the world's second largest economy, has shown glimmering signs of bottoming out in big cities. The property market remains largely anemic, but a string of indicators ...
General Motors (GM) is pumping in $1.2bn to revamp its pickup truck plant at Fort Wayne, Indiana, with the work on its upgrade expected to commence in June. The modification of the plant involves putting in place new pre-treat, ...
Tags: General Motors, pickup truck
California-based packaging containers and trays manufacturers Plastic Package will invest about $1.37m to locate its manufacturing operations in Indiana. The expansion which will include equipping a 20,000 ft2 facility in La Porte will ...
Tags: Plastic Package, Indiana, Packaging
US-based paper manufacturing company International Paper will be investing $90m to restart an idle machine at its container board mill that will help in creating 65 new jobs. The machine has been out of use for the past five years. ...
Tags: International Paper, Invest, Printing
Activity in China's vast factory sector expanded at the fastest pace in 27 months in July on stronger demand, a government survey showed, adding to evidence that the economy is regaining momentum after a burst of government stimulus ...