Ministry Of Commerce Mofcom On News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Stay updated with breaking news from Ministry of commerce mofcom on. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

Top News In Ministry Of Commerce Mofcom On Today - Breaking & Trending Today

China policy and markets round-up: Trade surplus rebounds, Wealth Management Connect details revealed, Beijing halts economic dialogue with Canberra

By Addison Gong
05.30 AM
In this round-up, China’s trade surplus jumps in the first four months of the year, regulators unveil details for implementing the cross-border Wealth Management Connect pilot scheme between the Mainland, Hong Kong and Macau, and Beijing decides to suspend all activity under the China-Australia Strategic Economic Dialogue.
China’s exports grew 22.2% year-on-year to Rmb1.71tr in April, or 32.3% in dollar terms to $263.92bn, according to data released by the Ministry of Commerce (Mofcom) on Friday. Imports rose to Rmb1.44tr or $221.07bn.
For the first four months combined, exports and imports totalled $1.79tr. The trade surplus was $157.91bn, which was 174% higher compared to a year ago. ....

Hong Kong , Bruxelles Capitale , Wang Wenbin , Katherine Tai , Caixin Pmis , Daniel Chan , Guangdong Hong Kong , Valdis Dombrovskis , Fidelity Investments , National Development , European Parliament , China Securities Regulatory Commission In Guangdong , Reform Commission , Alibaba Group Holding , People Bank , Ant Group , Ministry Of Commerce Mofcom On , European Union , Insurance Regulatory Commission , Caixin China , Purchasing Manager Index , China Banking , China Securities Regulatory Commission , Wealth Management Connect , Guangdong Hong Kong Macau Greater Bay Area , Greater Bay Area ,

The week in review: December CPI inflation turns positive, Beijing hits back at foreign sanctions, CBIRC fines seven FIs

By Addison Gong
11 Jan 2021
In this round-up, consumer inflation in China turns positive in December, Beijing announces rules to protect Chinese companies from sanctions of foreign governments, and the banking and insurance regulator hands a Rmb200m ($30.1m) fine to financial institutions including China Development Bank and Industrial and Commercial Bank of China.
China’s December Consumer Price Index (CPI) rose 0.2% year-on-year, taking the 2020 full year CPI growth to 2.5%, data released by the National Bureau of Statistics on Monday morning showed. The Producer Price Index (PPI) slid 0.4% last month.
The recovery in inflation last month was largely thanks to a rebound in food prices 8.5% month-on-month for fresh vegetables and 6.5% for pork and a monthly rise of 5.1% in fuel prices, noted Commonwealth Bank of Australia’s China economist, Kevin Xie, in a Monday note. Xie expects the annual CPI growth to fall to 1% in 2021 from 2.5% in 2020. ....

Yangtze River , China General , United States , Kevin Xie , Unicom Hong Kong , Sp Dow Jones , China Great Wall Asset Management Co , China Development Bank , China Mobile , China Vanke Co , China Securities Co , People Bank , Ministry Of Commerce Mofcom On , China Securities Regulatory Commission , Commonwealth Bank , China International Capital Corp , Mashang Consumer Finance Co , Postal Savings Bank , Insurance Regulatory Commission , China Telecom , Great Wall Xinsheng Trust Co , York Stock Exchange On , Gw Bank , Chinese Academy Of Sciences , China Development Bank Financial Leasing Co , China Evergrande Group ,