August 2021

Twin PMI surveys indicate increasing pressure on companiesSurveys suggest economy contracted in August - economistHigh commodity prices, COVID-19 brakes hurt the economyAnalysts expect more political support later in the yearBEIJING, Aug.31…

The Chinese economy was hit by the Delta virus outbreak in August, adding to signs of slowing growth in the second half of the year and fueling speculation about increased central bank support.Official surveys of purchasing managers showed…

BEIJING: Chinese businesses and the wider economy came under increasing pressure in August as factory activity grew at a slower pace as the service sector collapsed in the contraction, increasing the likelihood more short-term political…

Hong Kong's role in opening up China's economy to the world is "very special" and can never be replaced, a senior Beijing official said, while seeking to reassure investors that the national security law imposed on the city last year only…

BEIJING - Weather tech startup Ninecosmos Sci. & Tech recently raised 50 million yuan (about $ 7.7 million) in Series A funding, with Envision Capital being the lead investor.Ninecosmos has its roots in the National Supercomputing…

Industrial production + 6.4% year-on-year vs. + 8.3% in June, Reuters poll + 7.8%Retail sales + 8.5% yoy vs + 12.1% in June, Reuters poll + 11.5%Investment in fixed assets + 10.3% in January-July, Reuters poll + 11.3%Analysts expect growth…

China's economic growth will slow this year due to summer flooding and coronavirus controls, an official said on Monday, after consumer sales and other activity weakened in July. China's economy is still in a "recovery trend" after last…

In geopolitics, overestimating an adversary is as dangerous as underestimating him. Over the past three decades, the United States has made a series of strategic mistakes regarding China. Having woken up late, the…

Chinese weightlifter Lv Xiaojun trains in Tianjin with his own brand dumbbells in 2019. Photo: Courtesy of Yang Yilin The just ended craze for the Tokyo Olympics is pushing the Chinese sports industry into the fast lane. With an…

(Bloomberg) - Shares of Chinese sneaker makers and other sports-related companies soared as the government launched an effort to promote exercise amid harsh criticism of the video game industry in the media in 'State.Li Ning Co. jumped 12%…