Chinese Economy

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By David Kirton and Sophie YuSHENZHEN, China/BEIJING, Feb 8 (Reuters) - The Chinese economy will sputter towards normal on Monday after the coronavirus outbreak forced an extended holiday, although numerous stores and factories will remain shut and many white collar employees will continue working from home.The usually week-long Lunar New…

Global demand issues will make it difficult for the chemicals giant to outperform in 2020. What happened Shares of Dow (NYSE:DOW) traded down 15.8% in January, according to data provided by S&P Global Market Intelligence, but it wasn't a straight march down during the month. The company actually delivered an…

Published on Feb 7, 2020The number of confirmed deaths from China's coronavirus outbreak has now reached 638 just in mainland China. The infected cases rose to more than 31,000 in China as the virus continues to spread. Chinese officials said in the briefing that they are trying to reduce the…

Nordea’s analysts are predicting a big dive in Chinese GDP due to the effects of coronavirus. Meanwhile, the recent rate cut of the People’s Bank of China (PBoC) is supporting the yuan. “The coronavirus will have a substantial negative effect on the Chinese …

Last week, the number of coronavirus cases in mainland China surpassed that of SARS during the 2002-2003 epidemic. The World Health Organization recorded 5,327 Chinese cases of SARS during that outbreak and the current number of confirmed coronavirus cases is nearly four times as high. As of 3am EST on…

Published on Feb 3, 2020The outbreak of coronavirus is having significant impacts on the Chinese economy and in markets across the globe. Measures to contain the virus have slowed demand for oil and other commodities.To read more: http://cbc.ca/1.5450064»»» Subscribe to CBC News to watch more videos: http://bit.ly/1RreYWSConnect with CBC News…

Digital transformation is a national priority for China, and it’s being integrated into both enterprise and banks and other services industries.According to a Feb. 4 report from Economic Information Daily, chairman of Minsheng Bank Hong Qi said:“The full adoption of digital technologies such as blockchain is expected to accelerate the…

CORONAVIRUS | Investors erased US$420 billion (RM1.7 trillion) from China's benchmark stock index today, sold the yuan and dumped commodities as fears about the spreading coronavirus and its economic impact drove selling on the first day of trade in China sin…

China is facing an unprecedented series of simultaneous deepening crisis that not only threatens its economy, but also stokes the Chinese government's worst nightmare: social unrest. Here are the four unfolding and worsening crisis that China must handle successfully: African Swine Flu The first and continuing crisis began in 2017…