China's exports grew more than expected in March and imports logged an unexpected fall largely due to the lockdown and supply chain disruptions, official data revealed on Wednesday. Exports grew 14.7 percent on a yearly basis in March, the General Administration of Customs said. This was faster than the expected growth of 13.0 percent but slower than the 16.3 percent expansion posted previously. more...
According to reports in Chinese local media, Vivo and the State Radio Monitoring Center Testing Center reached strategic cooperation and jointly announced to establish a 5G lab. It is said that the 5G joint lab will fully play the advantages of the two parties in their respective sectors to promote technical cooperation and communication focusing on wireless communication technology development. more...
This is China GDP news event today -
China's gross domestic product expanded a seasonally adjusted 1.4 percent on quarter in the first quarter of 2019, the National Bureau of Statistics said on Wednesday - in line with expectations and down from 1.5 percent in the three months prior. On a yearly basis, GDP expanded 6.4 percent - unchanged from Q4 and beating forecasts for 6.3 percent. more...
It seems that even though U.S. consumers look healthy, the market is getting hit by fears of weakness in Asia. More soft data from China today, along with company outlooks that show an impact from slower Chinese growth, are hurting stocks. more...
Recent Comments