
The World Bank released the latest China Economic Briefing on June 14. The report pointed out that with the surge in service spending, China's economic activity rebounded in the first quarter of 2023.
Jun 14, 2023 15:09
According to data from the National Bureau of Statistics, the Manufacturing Purchasing Managers Index (PMI) in May was 48.8%, down 0.4 percentage point from the previous month. This means that the level of manufacturing prosperity fell slightly.
May 31, 2023 14:36
WTI crude oil futures experienced a roller-coaster ride, first falling to near the lowest level since 2021 at the opening of the Asian session, and then rebounding.
May 4, 2023 17:24
The International Monetary Fund (IMF) recently released an economic outlook report for the Asia-Pacific region, predicting that the economic growth rate of the Asia-Pacific region will be 4.6% in 2023, higher than the growth rate of 3.8% in 2022.
May 4, 2023 17:02
The regular spring meeting of the Committee on Subsidies and Countervailing Measures of the World Trade Organization was held in Geneva on May 2.
May 4, 2023 17:00
The initial annualised rate of U.S. GDP in the first quarter rose 1.1% quarter-on-quarter, estimated at 2.0%, and the previous value was at 2.6%.
Apr 28, 2023 22:58
European Central Bank Vice President Luis de Guindos said that the eurozone economy looks set to avoid the two consecutive quarters of contraction predicted at the end of last year.
Apr 27, 2023 16:45
U.S. Treasury Secretary Janet Yellen warned on Tuesday (April 25) local time that a failure by Congress to raise the federal government's debt ceiling, and the resulting default, would trigger an economic disaster that would lead to higher interest rates in the coming years.
Apr 26, 2023 11:46
On top of China's gross domestic product (GDP) growth report released by the National Bureau of Statistics that exceeded expectations, major Wall Street banks have raised their forecast for China's economic growth this year.
Apr 24, 2023 15:52
According to the International Monetary Fund (IMF), China will become the biggest driving force for global growth in the next five years, and its growth contribution rate will be twice that of the United States.
Apr 21, 2023 16:42