China Economy


China boosts factory output as services growth lags behind

China boosts factory output as services growth lags behind

(ATF) China’s economic recovery has continued to broaden in the wake of the coronavirus pandemic, new manufacturing and services activity data released on Wednesday show.Factory activity in China picked up in March, with the key purchasing managers’ index (PMI) rising more than expected to 51.9 - from 50.6 in February …

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China to leapfrog as the largest economy and India the 3rd-largest

China to leapfrog as the largest economy and India the 3rd-largest

(ATF) While China hopes for an improvement in the US-China ties with Joe Biden stepping into the White House next month, its response to the pandemic has paved way for becoming the largest economy before the end of the decade, according to a report by a UK think tank.Beijing is …

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China on track for 2.2% growth in 2020

China on track for 2.2% growth in 2020

(ATF) China’s 4.9% year-on-year third quarter 2020 GDP growth was lower than my 5.5% forecast. But the new data (released on 19 October) has not changed my fundamental case and forecast trajectory that China’s recovery started after the growth plunge in the first quarter and the second quarter was a …

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China bonds the new global draw

China bonds now a global draw

(ATF) While uncertainty over the US election and rising geopolitical tensions have triggered a withdrawal of global capital from emerging markets, foreign cash continues to flood into yuan-denominated bonds. By the end of September, the China Central Government Securities Depository and Clearing (CCDC) had managed 2.6 trillion yuan ($385 billion) …

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