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China's exports grow for first time in 6 months, eases pressure on factories - Vimarsana News

China's exports grow for first time in 6 months, eases pressure on factories

BEIJING(Reuters) -China's exports grew for the first time in six months in November, suggesting factories in the world's second-largest economy are attracting buyers through discount pricing to get over a prolonged slump in demand. "The improvement in exports is broadly in line with market expectations... sequential growth in China's exports in the past few months has strengthened," said Zhiwei Zhang, chief economist at Pinpoint Asset Management. "There are green shoots in other Asian countries' export data as well in recent months."

Source: yahoo.com
China's exports grow for first time in six months in relief for factories - Vimarsana News

China's exports grow for first time in six months in relief for factories

Mixed manufacturing data for November has kept alive calls for further policy support in China to shore up growth, but also raised some questions

Chinese Borrowers Barred From Mobile Payments Amid Defaults - Vimarsana News

Chinese Borrowers Barred From Mobile Payments Amid Defaults

Millions of Chinese have been barred from mobile payment apps amid record defaults. More than 8.5 million people have found themselves blacklisted.

Source: pymnts.com
GLOBAL ECONOMY-Asia factory activity weakens, uncertainty on China clouds outlook - Vimarsana News

GLOBAL ECONOMY-Asia factory activity weakens, uncertainty on China clouds outlook

Asia's factory activity remained weak in November on soft global demand, surveys showed on Friday, with mixed signs on the strength of China's economy clouding the outlook for the region's fragile... -December 30, 2023 at 09:35 pm EST - MarketScreener

GLOBAL ECONOMY-Global factory activity stays weak, uncertainty on China clouds outlook - Vimarsana News

GLOBAL ECONOMY-Global factory activity stays weak, uncertainty on China clouds outlook

* Euro zone factory downturn eased in November * China's private PMI unexpectedly expands in November * Manufacturing activity...