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China's economy is supposed to see improvement this month despite weak business data in April, and economic activities may rebound with a gradual recovery in household spending and strong fixed-investment support in the following months.
China’s inflation has remained at an overall moderate and controllable level, with consumer prices seeing a mild uptick in April and factory prices facing cost pressure, official data showed on Wednesday. The consumer price index (CPI), the main gauge of inflation, rose 2.1 percent year on year in April, and went up 0.4 percent from ...
Economic Watch: China's consumer prices see mild uptick, factory inflation narrows-
China will step up use of structural monetary tools to help out suffering market players and cushion economic headwinds in a targeted manner while avoiding significant fluctuations in cross-border capital flows, officials and experts said.
China will step up use of structural monetary tools to help out suffering market players and cushion economic headwinds in a targeted manner while avoiding significant fluctuations in cross-border capital flows, officials and experts said. Chen Yulu, vice-governor of the People’s Bank of China, said the central bank will put stabilizing economic growth in a ...