Tag: China update

China’s manufacturers braced for a decline in orders as the coronavirus outbreak shakes southern shipping centers

China’s manufacturers braced for a decline in orders as the coronavirus outbreak shakes southern shipping centers

Manufacturers in Guangdong expect export orders to slow in the second half of the year, partly due to skyrocketing freight costs as well as shippin ...
China’s service industry under pressure from “enormous” inflationary pressures, weak foreign demand

China’s service industry under pressure from “enormous” inflationary pressures, weak foreign demand

China's service sector expansion slowed in May, a private sector survey revealed Thursday, with weaker foreign demand and higher costs putting pres ...
China-Australia Relations: LNG imports hit record levels due to industrial demand and the promise of climate change

China-Australia Relations: LNG imports hit record levels due to industrial demand and the promise of climate change

China's imports of liquefied natural gas (LNG) from Australia hit record highs, supported by robust industrial demand and Beijing's commitments to ...
China-Australia Relations: Delivery of coal cargo after nearly a year at sea

China-Australia Relations: Delivery of coal cargo after nearly a year at sea

The Jag Anand, stranded off the coast of China with Australian coal for almost a year, left Jingtang port on Thursday after delivering her cargo. ...
China’s Economy: Industrial giants saw profits jump over 90 percent in March

China’s Economy: Industrial giants saw profits jump over 90 percent in March

Chinese industrial companies' profits rose 92.3 percent year over year to 711.18 billion yuan (US $ 109.6 billion) in March, official data showed T ...
Can China really give up its coal addiction in order to be carbon neutral by 2060?

Can China really give up its coal addiction in order to be carbon neutral by 2060?

Ahead of this week's summit of world leaders to discuss ways to tackle climate change, the South China Morning Post examines how attitudes have cha ...
The yuan’s internationalization goal is “not to replace the US dollar,” said the top Chinese bank official

The yuan’s internationalization goal is “not to replace the US dollar,” said the top Chinese bank official

China has downplayed US concerns about its ambitions for the yuan, and the new deputy governor of the People's Bank of China (PBOC) insisted that " ...
US-China Relations: Trade talks will come “at the right time,” says new US sales representative Katherine Tai

US-China Relations: Trade talks will come “at the right time,” says new US sales representative Katherine Tai

A trade meeting between China and the United States will take place "in due course," said new US trade representative Katherine Tai. The U.S. Trad ...