China's manufacturing activity fell in December, due to a decline in new orders, for the first time since May 2017, survey data from IHS Markit showed on Wednesday. The headline seasonally adjusted Caixin Factory Purchasing Managers' Index, or PMI, fell to 49.7 from 50.2 in November. more...
Industrial production in China was up 5.9 percent on year in October, the National Bureau of Statistics said on Wednesday. That exceeded expectation for 5.8 percent, which would have been unchanged from the September reading. The bureau also said that retail sales climbed 8.6 percent on year - missing forecasts for a gain of 9.2 percent, which again would have been unchanged from the previous month. more...
Consumer prices in China were up 2.5 percent on year in September, the National Bureau of Statistics said on Tuesday. more...
Bitcoin (BTC) significantly improved its position when the Chinese government revised its official cryptocurrency rankings. Bitcoin, which had dropped to 16th place in July, jumped to No. 10 this month making it to the top 10 list for the first time. China's Center for Information Industry Development (CCID), under the Ministry of Industry and Information Technology, released the second edition of its state-endorsed cryptocurrency ...
China's exports growth exceeded expectations in July, despite the U.S. imposing tariffs on $34 billion Chinese goods. Data from the General Administration of Customs showed on Wednesday that exports advanced 12.2 percent year-on-year in July. This was faster than the 10 percent rise economists had forecast. more...
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