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April 30, 2024
BEIJING (Reuters) -China's manufacturing and services activity both expanded at a slower pace in April, official surveys showed on Tuesday, suggesting some loss of momentum for the world's second-biggest economy at the start of the second quarter. Investors expect Chinese authorities to launch more stimulus to support the economy and are waiting for clues from the monthly Politburo meeting, which is expected to focus on economic affairs.
October 5, 2023
BEIJING (Reuters) -Chinese Foreign Minister Wang Yi said at forum in Tibet on Thursday that nations in the region must respect each other's sovereignty, amid simmering tensions with India over a disputed border in the eastern Himalayas. "We must adhere to mutual respect and trust, jointly maintain regional unity, and respect each other's sovereignty and territorial integrity," Wang said at the forum in the city of Nyingchi, 160 km (100 miles) from Arunachal Pradesh, which Chi...
July 12, 2023
BEIJING (Reuters) -China on Wednesday sent another strong signal that a years-long crackdown on its tech industry is over as Premier Li Qiang met firms such as Alibaba's cloud unit and Meituan, and urged them to do more to support the economy. After listening to suggestions from firms that also included PDD Holdings' Pinduoduo and JD.com, Li told them authorities would seek to make regulation of platform firms more transparent and predictable. Shares in some U.S.-listed Chinese firms...
December 7, 2022
BEIJING (Reuters) -China's exports and imports shrank at a much steeper-than-expected pace in November, as feeble global and domestic demand, COVID-induced production disruptions and a property slump at home piled pressure on the world's second-biggest
May 5, 2022
BEIJING -China will roll out more support measures to help small firms and stabilise employment, including the introduction of policies to support the platform economy as soon as possible, State TV...
December 26, 2021
BEIJING -China reported its highest daily rise in local COVID-19 cases in 21 months as infections more than doubled in the northwestern city of Xian, Chinas latest COVID hot spot.... | December 26, 2021
August 27, 2021
Earnings at China's industrial firms in July slowed for the fifth straight month, adding to growing evidence of a loss of momentum in the world's second-biggest economy and bolstering the case for maintaining policy support for a while longer.