Tag - china

China's retail sales surge dives to 16-year minimum

On Wednesday, China posted shockingly weaker surge in retail sales as well as industrial output for April, thus increasing pressure on the Chinese cabinet to roll out more stimulus because the trade conflict with America escalates…

Chinese Yuan is intact

On Wednesday, the Chinese yuan and the evergreen buck were nearly intact in Asia because market participants waited for further news on the China-US trade front…

Chinese Yuan rebounds

On Tuesday, the Chinese Yuan managed to rebound in Asia reacting to reports that the Asian country’s state-backed funds, dubbed the “National Team,” have pumped cash into the market in an attempt to back local stocks as well as currency…

China April exports suddenly dive, although imports rebound

In April, China's exports suddenly headed south, although imports shocked with their first rally for five months, providing rather a mixed picture of the Chinese economy because the US government ramped up pressure on China with threats of more punishing…

China’s March exports rebound to five-month maximum

In March, China's exports managed to rebound, although imports decreased for the fourth month in a row and at a steeper tempo, painting rather a mixed picture of the Chinese economy because trade negotiations with America reach their endgame…

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