Economy of China news
Visit RT to read the latest news on the economy of China. Do not miss the latest updates on the news about China's economy, including Yuan renminbi exchange rate and major companies, such as Huawei, Alibaba, Tencent, and others. Find all the latest news about the priorities for the Chinese economy, including GDP, trade activity, export and import, reforms in key sectors, business, sanctions, and more. Check out RT for stories on President Xi Jinping, Commerce minister Zhong Shan, and so on. Get today’s news about China's economic shock amid the novel coronavirus pandemia. Turn to RT for today's news on how political and social changes affect the Chinese economy. Check out RT for the latest stories on China’s economic policy and more. Stay with RT to be updated on severe consequences for the economy of China amid the CoVid-19 pandemia news that has gone viral in the media in recent months. Read experts’ and analysts’ opinions on news about the Chinese economy being paralysed due to the outbreak of the virus, as well as the situation in the world in general.
- Wall Street tumbles as US threatens China with tariffs
US stocks are facing a second straight day of losses, after President Donald Trump threatened to unleash a new barrage of retaliatory tariffs on China over the coronavirus crisis. - Stocks and Chinese yuan cave in on Trump’s China tariff threatUS President Donald Trump’s renewed attack on Beijing over the coronavirus crisis has sunk the Chinese national currency, the yuan, to a one month-low, while global markets also dipped lower.
- Russia to present initiatives on pandemic effects mitigation to BRICS states – LavrovMoscow will propose a number of initiatives to mitigate the consequences of the pandemic, including in social and economic spheres, to the BRICS bloc member nations, Russian Foreign Minister Sergey Lavrov said on Tuesday. He made the statement...
- Chinese factory overwhelmed with Fauci bobblehead orders, uses cash to buy masks in ChinaA Chinese factory is cranking out bobblehead figures of President Trump’s disease specialist Dr. Anthony Fauci. Selling the figures to American liberals, the factory hopes to raise money for medical supplies in China.
- China boosts oil imports from Russia, while slashing purchases from Saudi ArabiaShipments of Russian crude oil to China increased more than 30 percent in March compared to a year earlier while Saudi imports of the commodity sank, Reuters reported, citing Chinese customs data.
- Pompeo hints US may NEVER restore WHO funding…as China ponies up an extra $30mn amid still-raging Covid-19 pandemicThe US may never resume funding the World Health Organization, Secretary of State Mike Pompeo has warned, after President Donald Trump pulled his support. China has stepped into the breach with an extra $30 million.
- China to donate additional $30mn to WHO for fight against Covid-19Beijing will donate an additional $30 million to the World Health Organization (WHO) to support the global fight against Covid-19, Chinese Foreign Ministry spokeswoman Hua Chunying said on Thursday. Hua tweeted the donation was aimed in particular...
- Beijing doing its part in trade deal with US despite coronavirus crisis – Chinese ambassadorAlthough Covid-19 may have put once-flaring tensions over trade between Washington and Beijing on the back burner, the steps they had managed to agree upon are still being implemented, according to Chinese ambassador to the US.
- Car production resumes at almost full pace as coronavirus restrictions ease in ChinaAlmost all car production lines in China have returned to business after prolonged closures aimed at preventing the spread of coronavirus, according to a survey cited by the China Association of Automobile Manufacturers (CAAM).
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