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.
- China’s crackdown on firms trading in US could kill $2 TRILLION listings market
New regulations concerning listings of Chinese firms on foreign exchanges are likely to mean that Beijing aims to put a lid on the US IPO market altogether, market experts say. - China’s Xiaomi overtakes Apple in global smartphone marketChina’s Xiaomi Corporation has become the world’s second biggest smartphone producer, beating US rival Apple Inc by 3% in global shipments.
- Chinese economy grows by nearly 8% as quarterly retail sales soarChina’s gross domestic product (GDP) rose by 7.9% in the second quarter compared to last year, its National Bureau of Statistics said Thursday. The growth rate slowed by more than half from the first three months of 2021.
- China cheers Russia’s move away from US dollar in favor of yuanBeijing has welcomed Russia’s decision to cut the US currency from its National Wealth Fund and give the yuan a bigger role, China’s Foreign Ministry has announced.
- Foreign direct investment in China soars by nearly 34% this yearThe Chinese economy attracted over 607 billion yuan ($91 billion) in foreign direct investment (FDI), in the first half of 2021, which is a 33.9% increase year on year, the country’s Ministry of Commerce said on Wednesday.
- Wall Street tumbles as US threatens China with tariffsUS 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.
© Autonomous Nonprofit Organization “TV-Novosti”, 2005–2021. All rights reserved.