Chinese Economy

By Ishika Mookerjee As global stocks attempt to recover from their biggest quarterly loss since the global financial crisis, veteran investor Jim Rogers says there’s worse to come. The current rebound in markets may continue for a while following a bout of extreme pessimism, but another rout is imminent, according…

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Every morning, my day begins by discussing the latest developments in the coronavirus fight with my team of strategists on-the-ground in Hong Kong, Italy, London, Tokyo, New York and elsewhere. Today, my weekly blog features several members of Invesco’s Global Market Strategy Office, who answer the most pressing questions they’ve…

A tourist takes a selfie with a security guard wearing an augmented reality (AR) eyewear equipped ... with an infrared temperature detector in Xixi Wetland Park in Hangzhou in east China's Zhejiang province on March 24, 2020. Feature China/Barcroft Media via Getty Images In spite of a slow start, China’s…

More than 500 cinema screens have reopened in China, where the coronavirus outbreak is seen to be receding, though box office takings remain minimal as the public is mostly staying away. State media CGTN reported that 486 theaters were open for business on Friday. On Monday, financial publication Caixin said…

The headquarters of the People's Bank of China, the central bank, is pictured in BeijingBEIJING (Reuters) - A Chinese central bank official said on Sunday that recent policy measures are helping improve the Chinese economy and that he expects significant improvement in economic indicators in the second quarter.Chen Yulu, a…

By Andrea Shalal WASHINGTON (Reuters) - China's economy is beginning to show some signs of normalization after the full-blown shock caused by coronavirus but stark risks remain, International Monetary Fund officials said in a blog on the economic impact of the pandemic. Most larger Chinese firms have reopened and many…

LONDON/MILAN (Reuters) - The world’s richest nations poured unprecedented aid into the global economy on Thursday as coronavirus cases ballooned in the new epicentre Europe, with the number of deaths in Italy outstripping those in mainland China, where the virus originated. With over 242,000 infections and nearly 10,000 deaths, the…

Tencent, China’s social media, games and streaming giant, unveiled solidly normal financial results for its year to December. It signaled damage to the Chinese economy from the coronavirus outbreak, but the group is expanding the range of business activities that can be done online. Revenues, profits and dividend payouts for…

By Matt Posky on March 17, 2020 With reports of factory shutdowns now being the norm, Volkswagen and Toyota have predictably decided to idle facilities in Europe to mitigate the negative influence of the novel coronavirus. VW Group had already made plans to temporarily close assembly lines in Italy, Portugal,…