Search For "chinese economy"
Chinese currency weakens to 6.7246 against US dollar
Updated : 3 years, 8 months ago IST
Beijing [China], July 6 (ANI): The central parity rate of the Chinese currency renminbi, weakened 260 pips to 6.7246 against the US dollar Wednesday, media reported citing the foreign exchange trade system.
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Chinese yuan weakens to 6.7071 against dollar
Updated : 3 years, 8 months ago IST
Beijing [China], July 4 (ANI): The central parity rate of the Chinese currency weakened 208 pips to 6.7071 against the US dollar Monday, media reported citing China Foreign Exchange Trade System.
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China silencing market analysts who bring to light country's catastrophic
Updated : 3 years, 8 months ago IST
Beijing [China], June 27 (ANI): The accounts of a famous market analyst on Chinese social media have been deactivated after he highlighted the country's catastrophic economic downturn and the consequences of government policy on the IT industry in recent weeks, as per the media portal.
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Xi Jinping is aware he needs Fintechs to support China's economy
Updated : 3 years, 8 months ago IST
Beijing [China], June 25 (ANI): Chinese Premier slammed the weaponization of the global financial system and vowed to meet domestic growth goals, and called for the healthy development of China's fintech sector.
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While Xi looks to secure record third term in power, China languishes in l
Updated : 3 years, 9 months ago IST
Beijing [China], June 9 (ANI): While President Xi Jinping is all set to secure his third term in power, China is not as strong as it used to be in the pre-COVID times.
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Faced with economic bleeding, Xi left with no choice but to tap Premier Li
Updated : 3 years, 9 months ago IST
Beijing [China], June 2 (ANI): In order to stabilize the nation's bleeding economy and avoid negative growth in the April-June quarter, Chinese premier Li Keqiang has been brought back at the forefront to revive the economy
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Frequent layoffs by Chinese tech giants direct young graduates towards gov
Updated : 3 years, 9 months ago IST
Beijing [China], May 30 (ANI): Due to a catastrophic slump in the Chinese economy followed by frequent layoffs by tech giants in the communist nation has raised concerns among the Chinese graduates, directing them towards government jobs for a stable and regular income.
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China: CCP launches new measures to save 'failing' economy
Updated : 3 years, 9 months ago IST
Beijing [China], May 26 (ANI): As Chinese President Xi Jinping is adamant about not dissolving his Zero Covid policy even at the risk of alienating more people, his party is launching measures to "stabilise" the faltering Chinese economy.
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Foreign investment into China declines as MNCs grow pessimistic about Chin
Updated : 3 years, 9 months ago IST
Beijing [China], May 22 (ANI): Direct foreign investment into China by multinational companies is falling off a cliff as investors are becoming increasingly pessimistic about the Chinese economy amid President Xi Jinping's strict COVID policies and his stance on Russia's war on Ukraine.
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Chinese economy continues to face pressure due to COVID, Russia-Ukraine co
Updated : 3 years, 10 months ago IST
Beijing [China], May 19 (ANI): Chinese economy is under pressure due to stringent curbs to curtail the COVID pandemic, which is adversely affecting production capacity and other logistics.
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Companies marred with overdue payments suggest China's slow economic recov
Updated : 3 years, 10 months ago IST
Beijing [China], May 13 (ANI): With China's economic growth projected slow in 2022, a payment survey by Coface, China's credit insurance group, shows that many companies have reported ultra-long payment delays (ULPDs) which means companies are facing overdue payments by more than six months.
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Xi asks Chinese officials to enter economic race with US
Updated : 3 years, 10 months ago IST
Washington [US], April 27 (ANI): Chinese President Xi Jinping has instructed officials to ensure that the country's economic growth outpaces that of the US this year.
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