China has issued an outline to improve the overall quality of its economy amid efforts to promote high-quality development. ...[More]
South Korea's economy inched toward its first recession in three years as data on Wednesday showed its January trade deficit soared to a record thanks to a plunge in exports caused by a combination of long holidays and cooling global demand. ...[More]
The International Monetary Fund (IMF) has reported China and India will continue to lead the global economic recovery while Europe's advanced economies will continue to struggle in 2023 although most will avoid recession. ...[More]
Sales revenue of China's consumption-related sectors during the week-long Spring Festival holiday went up 12.2 percent from last year, tax data showed Friday. ...[More]
Intel Corp. saw about $8 billion wiped off its market value on Friday after the U.S. chipmaker stumped Wall Street with dismal earnings projections, fanning fears around a slump in the personal-computer market. ...[More]
New consumption trends emerged during this year's traditional and beloved "reunion dinner" on Chinese New Year's Eve, considered the most important part of the Spring Festival, according to a report by China-based e-commerce giant Pinduoduo. ...[More]
China's optimized COVID-19 response policies have garnered widespread praise from media and observers worldwide, who are bullish on China's economic prospects. ...[More]
Foreign direct investment (FDI) in the Chinese mainland, in actual use, reached 1.23 trillion yuan in 2022, a 6.3 percent increase from the previous year, the Ministry of Commerce said Wednesday. ...[More]
China's housing regulator will work to keep housing supply and demand balanced, make home prices stable and strictly curb speculation, according to a statement released by the Ministry of Housing and Urban-Rural Development on Tuesday. ...[More]
China's economic growth last year beat market expectations, as gross domestic product (GDP) for the full year 2022 expanded by 3 percent from a year earlier to 121 trillion yuan (about $18 trillion), data from the National Bureau of Statistics (NBS) showed on Tuesday. ...[More]
