Skip to main content
Category

Chinese Economy

Chinese Economy

Metals Slip as China Demand Worries Linger

Updated Sept. 6, 2023 3:44 am ET 0741 GMT – Metals are edging lower as worries around the Chinese economy continue to dominate sentiment. Three-month copper is down 0.4% to $8,436.50 a metric ton while nickel is 0.7% lower at $20,915 a ton. Gold, meanwhile is down 0.1% to $1,950.70…
bubmag
September 6, 2023
Chinese Economy

Asian markets fall on China woes, US rate concerns

Duisburg is a major inland port, and key destination for freight trains from China - Copyright AFP Ishara S. KODIKARA Asian markets fell Wednesday on concerns about the Chinese economy and after stronger-than-expected US retail sales data increased the likelihood of a further Fed rate hike. The bounce in July…
bubmag
August 16, 2023
Chinese Economy

Markets mixed as industrial production up, Fed minutes awaited

Global stocks wavered Wednesday on strong industrial production data from the US and eurozone, while concerns about the Chinese economy and a further Fed rate hike persisted.  Wall Street stocks were mostly higher early Wednesday after the Federal Reserve announced industrial production rose by 1.0 percent in July, after two…
bubmag
August 16, 2023
Chinese Economy

Asian markets climb on US tech rally, China cuts rate

A surprise rate cut by China may point to further government action to support the stuttering economy and allay concerns over the property sector. Photo: STR / AFP Source: AFPAsian markets rose Tuesday as a US tech rally bouyed sentiment although concerns over China weighed on Hong Kong as a…
bubmag
August 15, 2023
Chinese Economy

Xinhua Headlines: Six things to watch in China’s economy

* The Chinese economy recorded a general upward trajectory in the first half of this year. * With its super-sized market and great domestic demand potential, China possesses strong economic resilience and abundant room for maneuvering. * Since the beginning of this year, multiple visits to China by executives of…
bubmag
July 21, 2023