(Caixin) China’s General Manufacturing PMI entered the contractionary zone at 49.2 in August, down from 50.3 in July as Covid-19 clouded activity. The PMI marks the first time of deterioration…
(National Bureau of Statistics) China’s manufacturing PMI fell to 50.1% in August, shy off the 50-point mark that separates expansion and contraction. The PMI was below expected 50.2 and July’s…
(Canalys) The global electric car sales jumped 160% to 2.6 million in the first half of the year compared to a similar period of last year. Mainland China and Europe’s…
(WSJ) China Securities Regulatory Commission is planning to bring a new proposal that will limit companies with sensitive consumer data from going public in the US. Officials from the commission…
(Bloomberg) Analysts are speculating that China’s central bank will cut rates on Friday after it hinted at the policy move to spur rural finance in a slowing economy. The statement…
(Bloomberg) China is set to dominate the global steel making, with 51% stake by Ansteel Group in Benxi Steel Group Co. set to make it the third-biggest steel maker in…
(Global Times) China’s central bank in Shenzhen branch is targeting 11 new companies which it suspects are engaging in illegal cryptocurrency activities. The Shenzhen branch identified a domestic financial website…
(NBS) The average prices for new homes in China’s major cities increased by 0.3% in July from the previous month, a slow growth compared to a 0.5% rise in June. …
(Bloomberg) China’s closure of the port of Ningbo-Zhoushan has caused speculation that the volumes at the Port of Los Angeles will go down considerably, and other ports globally may follow…
(Bloomberg) The Chinese banking and insurance regulators are tightening regulations on the insurance technology platforms, a move that has annoyed global investors. The regulator has ordered firms and local agencies…
(National Bureau of Statistics of China) China’s consumer price index rose at an annual basis of 1.0% in July from June, while the producer price index jumped by 9.0%. The…
(WSJ) Over thirty US business groups are asking Biden’s administration to renegotiate the 2020 Phase One Trade Pact with China and reduce import tariffs. The business groups say that China…