Industrial production in China was up 6.0 percent on year in July, the National Bureau of Statistics said on Friday. more...
Industrial production in China jumped 6.2 percent on year in June, the National Bureau of Statistics said on Friday. more...
Foreign Exchange post-Brexit Vote The RMB has depreciated ~8% from ~6.2 to ~6.7 RMB/USD in one year, weakest since Oct 2010. The risk of a resumption of capital outflows driven by expectations of near-term RMB weakening is therefore rising. The official FX reserve figures of over $3.1 trillion overstate the amount of ammunition available to defend the RMB, as $1 trillion or more of these reserves may be encumbered through forward and ...
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...
Baidu Map announced that it is officially available in 32 countries in Europe. Baidu Map already has entered 18 countries and regions in Asia Pacific, including Japan, South Korea, Thailand, Hong Kong, Macau, and Taiwan. And Baidu Map has realized global distribution in 50 countries and regions. The 32 countries are France, Germany, Spain, Italy, United Kingdom, Turkey, Poland, Finland, Greece, Sweden, Portugal, Czech Republic, ...