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The growth of China’s industrial output, retail sales and fixed-asset investment slowed in October and missed market expectations, signaling that economic growth is expected to ease in the fourth quarter. Value-added industrial output, an important contribution to gross domestic product, grew 6.2 percent year on year last month, 0.6 percentage points slower than in September, the National Bureau of Statistics said yesterday. The ...
BITCOIN climbed to a new all-time high of US$6,500 yesterday, boosted by bets the cryptocurrency could enter the financial mainstream after the world’s largest derivatives exchange operator said on Tuesday it would launch bitcoin futures. CME Group Inc said it would provide a regulated trading venue for the cryptocurrency market and would launch the new derivatives in the fourth quarter of 2017. The announcement was seen ...
ZTE and JD Group announced the signing of a strategic cooperation agreement in New York under which the two parties will work together in mobile terminal development; online and offline channel sales; and brand marketing. Cheng Lixin, chief executive officer of ZTE's terminal business unit, said that mobile technology ecosystem and consumer habits have changed tremendously. By cooperating with JD, ZTE will provide more innovative mobile devices ...
China's nationwide automobile sales reached 2.709 million units, including 78,000 new energy cars, in September 2017. According to statistics provided by China Association of Automobile Manufacturers, China's automobile output was 2.671 million units, an increase of 27.64% compared with the previous month and a year-on-year increase of 5.54%; and China's automobile sales were 2.709 million units, an increase of 23.93% compared with the ...
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