Tag: China economy
China’s April Retail Sales Growth Falls Short, Consumption Concerns Persist
Citizens was shopping at a supermarket in Nanjing, East China's Jiangsu province, on March 9, 2024. Costfoto | Nurphoto | Getty ImagesChina's retail sales growth slowed in April, data from the National Bureau of Statistics...
China’s Action Plan to Boost Foreign Investment Amid Geopolitical Tensions
China's Effort to Attract Foreign Investment Amid Rising Global TensionsIn the midst of rising geopolitical tensions and escalating conflicts between the world's two largest economies, China has unveiled a comprehensive action plan aimed at...
China Rate Setting on Monday: What to Expect and How It Affects Forex Trading
The People's Bank of China is set to announce the 1- and 5-year loan prime rates on Monday, as the usual announcement date of the 20th falls on a Saturday this month. Earlier this...
China’s Economic Recovery Not Strong Enough: Senior Party Official’s Statement
China's senior party official for economic affairs recently made a statement regarding the country's economic recovery. According to the official, China's economic recovery is not as strong as it should be. In order to...