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Tag : china economy

Business

China foreign exchange reserves decline in June

manamalive.com
by manamalive.com067
China’s foreign exchange reserves fell 0.75% in June, official data showed, as valuation changes linked to currencies and asset prices reduced the reported dollar value of reserve holdings. The State Administration of Foreign Exchange said...
Business

China auto output and sales jump in March

manamalive.com
by manamalive.com089
BEIJING: China’s automobile industry posted a sharp rebound in March, with production rising to 2.917 million units and sales reaching 2.899 million units, according to data released by the China Association of Automobile Manufacturers. Output jumped 74.4%...
Business

China forex reserves fall in March to $3.34 trillion

manamalive.com
by manamalive.com073
BEIJING: China’s foreign exchange reserves fell to $3.3421 trillion at the end of March, official data showed on April 7, as a stronger U.S. dollar and weaker prices for major global financial assets weighed on the value of...
Business

Data show Trump trade war failed to cut US China trade gap

manamalive.com
by manamalive.com0123
WASHINGTON: More than seven years after President Donald Trump launched sweeping tariffs on Chinese goods, official data and widely cited economic studies show the measures raised costs inside the United States while leaving the core U.S. goods trade...
Economic slowdown in China fuels calls for stronger fiscal measures
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Economic slowdown in China fuels calls for stronger fiscal measures

manamalive.com
by manamalive.com0229
China’s economic activity unexpectedly contracted in January 2025, marking a challenging start to the year for the world’s second-largest economy. Official data from the National Bureau of Statistics revealed that the manufacturing Purchasing Managers' Index...
Yuan weakens further, testing China’s resolve amid U.S. policy shifts
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Yuan weakens further, testing China’s resolve amid U.S. policy shifts

manamalive.com
by manamalive.com0242
The Chinese yuan is under mounting pressure, reflecting the dual challenges of a resurgent U.S. dollar and rising concerns over the economic policies of incoming U.S. President Donald Trump. Market analysts suggest Beijing’s efforts to...
Oil prices rise to highest levels since October on tightening US stockpiles
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Oil prices rise to highest levels since October on tightening US stockpiles

manamalive.com
by manamalive.com0210
Oil prices surged in the first trading session of 2025, marking the highest levels since October, as U.S. crude stockpiles registered another decline and technical indicators pointed to stronger short-term demand. West Texas Intermediate (WTI)...
China industrial profits fall 4.7 percent in first eleven months of 2024
Business

China industrial profits fall 4.7 percent in first eleven months of 2024

manamalive.com
by manamalive.com0250
China’s National Bureau of Statistics reported a 4.7 percent decline in the combined profits of major industrial enterprises for the January-to-November period of 2024. The data, released on Friday, highlights ongoing pressures on the country’s...