China: Strong exports suggest higher growth | Hellenic Shipping News Worldwide hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.
Services sector recovery to gather pace chinadaily.com.cn - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from chinadaily.com.cn Daily Mail and Mail on Sunday newspapers.
The container terminal of Xiuying Port in Haikou, Hainan province. [Photo/China News Service] China s economy ended 2020 on a stronger note than we expected, with growth in industry being especially rapid. In the fourth quarter of 2020, China s GDP growth increased to 6.5 percent year-on-year, or 2.9 percent quarter-on-quarter in seasonally adjusted terms in our (Oxford Economics ) estimation, comfortably beating our forecast of 2.2 percent and the consensus, underpinned by an acceleration in industrial value added, investment and exports. The strong fourth quarter lifted China s GDP growth to 2.3 percent last year and will have a substantial carry-over impact on this year s economic growth. We have revised up our outlook for exports, and, relatedly, manufacturing investment, mainly because of the strong recent export and export order data for the Chinese mainland, Taiwan and the Republic of Korea, plus an upward revision of the forecast for the United States economic growth following increased likelihood of substantial additional fiscal stimulus there.
A senior Chinese diplomat has warned that Australians who vilify China will be cast aside in history . Minister Wang Xining accused Australia s free press of deliberately sabotaging the relationship between the two countries and brainwashing Australians by publishing negative stories. In a speech to business figures at a Chinese Lunar New Year dinner in Canberra, he urged China s critics to back down and adopt a conciliatory stance towards Beijing. A senior Chinese diplomat has warned that Australians who vilify China will be cast aside in history . Pictured: Minister Wang Xining History will prove that it is wise and visionary to be China s friends, he said.
Strong exports suggest higher growth chinadaily.com.cn - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from chinadaily.com.cn Daily Mail and Mail on Sunday newspapers.
1992 Consensus key to cross-Straits peace chinadaily.com.cn - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from chinadaily.com.cn Daily Mail and Mail on Sunday newspapers.
XP POWER LTD - Annual Results for the year ended 31 December 2020 PR Newswire Annual Results for the year ended 31 December 2020 XP Power, one of the world s leading developers and manufacturers of critical power control solutions for the Industrial Technology, Healthcare and Semiconductor Manufacturing Equipment sectors, announces its annual results for the year ended 31 December 2020. 2020 1 1 For details on adjusted measures refer to note 4 and note 5 of the consolidated financial statements. Strong growth in order intake and revenue driven by the recovery in the Semiconductor Manufacturing Equipment sector and demand from our Healthcare customers as they increased supply of critical care devices for the treatment of COVID-19, offsetting weakness in Industrial Technology sector.
Asian Open: PMI supportive of sentiment overnight (bar China) cityindex.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cityindex.co.uk Daily Mail and Mail on Sunday newspapers.