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👤Xinyang
🕔September 19, 2016
News Event
From Trading Economics: Average prices of new homes in 70 Chinese cities increased by 9.2 percent year-on-year in August of 2016 from 7.9 percent in July. It was the eleventh straight month of gain and the fastest rise since January 2014.…
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👤Xinyang
🕔September 12, 2016
News Event
From Trading Economics: Total Vehicle Sales in China increased to 2071000 in August from 1851900 in July of 2016. Total Vehicle Sales in China averaged 887405.40 from 1997 until 2016, reaching an all time high of 2785513 in December of 2015 and a record low of 88416 in January of 1998.…
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👤Xinyang
🕔September 9, 2016
News Event
From Trading Economics: Consumer prices in China rose 1.3 percent year-on-year in August of 2016, compared to a 1.8 percent rise in July while market expacted a 1.7 percent rise. It was the lowest inflation rate since October 2015 as the politically sensitive food prices increased by 1.3 percent while non-food cost rose at a faster 1.4 percent.…
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👤Xinyang
🕔September 8, 2016
News Event
From Trading Economics: China reported a USD 52.05 billion trade surplus in August of 2016, compared to a USD 59.68 billion surplus a year earlier and below market estimates, as exports fell less than expected while imports rose for the first time in 22 months.…
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👤Lisa Harris
🕔September 5, 2016
The US and China on Sunday agreed afresh to desist from competitive currency devaluations, as China stated that they would maintain an orderly transition to a market-oriented exchange rate for the yuan. In a joint “fact sheet” which was issued a day after the US President Barack Obama and his China’s President Xi Jinping held talks, it was stated that the 2 countries had agreed “not to unnecessarily limit or prevent commercial sales opportunities for foreign suppliers of ICT (information and communications technology) products or services”.…
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👤Xinyang
🕔September 5, 2016
News Event
From Trading Economics: The Caixin China Services PMI rose to 52.1 in August of 2016 from 51.7 in July as new orders grew modestly while employment stabilised and business expectations rose the most in six months. At the same time, firms saw a marginal rate of cost inflation that was the slowest since January 2015.…
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China Caixin Factory Activity Stalls in August at 50.0
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👤Xinyang
🕔September 1, 2016
News Event
From Trading Economics: The Caixin Manufacturing PMI in China stood at 50.0 in August 2016, down from 50.6 in July while market expected 50.1. While output and new orders eased, employment fell and backlog of work rose further. Meanwhile, both input costs and prices charged went up at weaker pace.…
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👤Isaac Ndegwa
🕔August 20, 2016
China has for a long time been getting many plaudits because of its vast foreign exchange reserves. It has always been considered a bullish pointer because the country is expected to remain strong whenever there are economic headwinds facing the rest of the world.…
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Commodities Rebound Expected As Demand Diversifies Outside China
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👤Isaac Ndegwa
🕔August 19, 2016
Even as global fears that China is slowing keep on growing, Asia still has a lot to be proud of because there seems to be a big rebound in the works in the emerging economies of the South East Asia. The combined GDP of the Asian-5 nations (Indonesia, Malaysia, Philippines, Vietnam and Thailand) is expected to rise to $3 trillion by 2020.…
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China New Home Prices Highest in 2 Years
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👤Xinyang
🕔August 18, 2016
Trading Economics: Average prices of new homes in 70 Chinese cities increased by 7.9 percent year-on-year in July of 2016 from 7.3 percent in June. It was the 10th straight month of gain and the fastest rise since February 2014. In Beijing, prices rose 20.7 percent and in Shanghai went up 27.3 percent.…
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