(Bloomberg) — China will see the slowest growth this year in more than 40 years according to economists, who have drastically slashed their forecasts for the economy after an across-the-board slump in activity in the first two months of the year.The economy will grow 3.4% this year, according to the
— Read on ca.finance.yahoo.com/news/p-joins-those-see-china-070432256.html
Tag: China
China’s manufacturing, retail, investment suffer historic slump – BNN Bloomberg
China’s manufacturing, retail, investment suffer historic slump – BNN Bloomberg
— Read on www.bnnbloomberg.ca/china-s-manufacturing-retail-investment-suffer-historic-slump-1.1406534
China’s central bank to cut rates soon, analysts predict
China’s central bank is expected to cut key rates soon, following a directive from a meeting this week led by the country’s second-in-command.
— Read on www.cnbc.com/2020/03/12/chinas-central-bank-to-cut-rates-soon-analysts-predict.html
Coronavirus: China economy to recover, demand may be hurt by rising global cases
China has seen a drastic decline in the number of cases — from hundreds of cases per day in February, to less than 50 each day this week.
— Read on www.cnbc.com/2020/03/12/coronavirus-china-economy-to-recover-demand-may-be-hurt-by-rising-global-cases.html
China’s Inflation Slows as Coronavirus Locks Down Economy
(Bloomberg) — China’s inflation slowed as the coronavirus hammers demand, with a measure of price gains that strips out food and energy prices slumping to the weakest in a decade.Core consumer prices rose 1% in February from a year ago, the slowest pace since June 2010, and factory prices returned to
— Read on ca.finance.yahoo.com/news/china-inflation-slows-february-factory-022138673.html
The Data Show China Is Still Struggling to Get Back to Work
(Bloomberg) — China is slowly starting to get back to work, as it battles the coronavirus outbreak that has killed more than 2,600 people and sickened tens of thousands.Government controls and the fear of going outside have curtailed spending, and many factories are still not working at full capacity
— Read on ca.finance.yahoo.com/news/fast-china-economy-bounce-back-024828875.html
Coronavirus: Effect on manufacturing could ripple through holidays
Quarantines and other measures put in place to stop the spread of the deadly coronavirus in China could continue to disrupt electronics manufacturing even after factories return to production, manufacturing experts said.
— Read on www.cnbc.com/2020/02/08/coronavirus-effect-on-manufacturing-could-ripple-through-holidays.html
Infographic: Meet China’s 113 Cities With More Than One Million People
China has the same amount of 1 million+ population cities as both North America and the EU combined. Here they all are, from biggest to smallest.
— Read on www.visualcapitalist.com/chinas-113-cities-one-million-people-population/
Trade war: China cuts retaliatory tariffs on hundreds of US goods
Tariffs on some U.S. goods will be cut from 10% to 5%, and from 5% to 2.5% on others, according to a statement from China’s Ministry of Finance.
— Read on www.cnbc.com/2020/02/06/china-to-halve-tariffs-on-hundreds-of-us-goods.html
Virus in China Threatens Oil Market’s Top Source of Growth
(Bloomberg) — For the global oil market, the coronavirus epidemic couldn’t have hit a worse place.As the industry banks on strong demand growth to overcome abundant supply, China, the epicenter of the disease, has been cherished as the engine of that consumption. Last year, when it imported more oil
— Read on ca.finance.yahoo.com/news/virus-china-threatens-oil-market-102756404.html