The manufacturing sector in China contracted for the 16th straight month in June, the latest survey from Caixin revealed on Friday with a manufacturing PMI score of 48.6. more...
The Chinese government has the strongest position to be able to truly legitimize the sharing economy. Instead of being seen as a threat or as a simple acquisition by other large businesses and governments, the Chinese have so far hastily embraced the growth the sharing economy brings to its service industry. While facing multiple challenges, the sharing economy will be able to thrive, and it must do so in China by encouraging regulation and cooperation, ...
Consumer prices in China were up 2.3 percent on year in March, the National Bureau of Statistics said on Monday. more...
The Chinese economy grew at the slowest pace in two-and-a-half decades during 2015 amid a manufacturing slump and equity market slowdown, official data to be released on Tuesday may reveal. Gross domestic product likely grew 6.9 percent in 2015, just short of the government's 7 percent target. That would be slower than the 7.3 percent expansion in the previous year. China's stock markets have been largely declining since the start of the ...
China's economic growth slowed unexpectedly in the three months ended December, figures from the National Bureau of Statistics showed Tuesday. Gross domestic product grew 6.8 percent year-over-year in the fourth quarter, slower than the 6.9 percent climb in the third quarter. Economists had expected the growth to remain stable at 6.9 percent. more...