CHINA'S consumer inflation rose slightly faster in June amid higher food prices. The Consumer Price Index, a main gauge of inflation, rose 1.9 percent year on year in June, faster than the 1.8 percent annual growth in May, the National Bureau of Statistics said yesterday. On a monthly basis, the CPI dipped by 0.1 percent in June, and this dip was 0.1 percentage point slower from May. Sheng Guoqing, the bureau’s ...
China's private sector expanded at the fastest pace in four months in June on stronger increase across manufacturing and services, data from IHS Markit showed Wednesday. The Caixin composite output index rose to 53.0 in June from 52.3 in May. A score above 50 indicates expansion in the sector. Both manufacturing and services expanded further in June. more...
I climbed this empty skyscraper on Changsa, China
World Gold Council, the market development organization for the gold industry, recently released their Gold Demand Trends Q1 2018 report. According to the report, stock market volatility sparked US inflows, but outflows in other regions. This kept gold prices muted and left investors lacking confidence on prices, weakening demand for gold. Other key highlights of the report include gold bar and gold coin demand falling 15%, a decline led ...
The manufacturing sector in China continued to expand in April, and at a barely faster rate, the latest survey from Caixin revealed on Wednesday with a manufacturing PMI score of 51.1. more...
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