China press review
U.S. Treasury Secretary Yellen and China’s vice premier talk about cooperation and economic recovery: China’s Vice Premier Liu He and U.S. Treasury Secretary Janet Yellen held a video call about how the countries’ economic relationship is “very important,” state media said.
Three reasons China is losing its allure for the foreign business communityAmid the rising costs of raising a family and political factors that are eroding positive perceptions, Covid-19 restrictions have piled on the difficulties. Yet, an exodus of foreigners would only remove some of the strongest forces that help to
Senior China diplomat says EU politicising of trade ‘not acceptable’: China’s State Councillor Wang Yi, who is also the country’s foreign minister, said on Tuesday that attempts by some people in the EU to politicise trade issues are “not acceptable and will lead nowhere”.
EU’s trade in goods returns to near pre-pandemic levels: A Eurostat release on Tuesday showed that the first estimate for extra-EU exports of goods in March 2021 was 195.1 billion euros, up by 10.6 percent compared with March 2020, and the imports stood at 176.3 billion euros, up by 19 percent.
New rules won’t stop China’s digital economy boom, Goldman says: China’s digital economy will continue to power ahead despite recent regulatory tightening, from new internet anti-monopoly rules to a crackdown on excessive data collection, Goldman Sachs economists say.
A world without China: The purpose of this discussion is not to bring in a positive light the achievements of China but to provide a realistic approach as to how decades of investment, supply chain integration and reliability has brought China to a position it is at today and even the imaginary inculcation of a world without China seems more like a nightmare for the global economy.
China April loans fall more than expected as central bank begins scaling back stimulus: China’s new bank loans fell more than expected in April while money supply growth slowed to a 21-month low, as the central bank gradually scales back pandemic-driven stimulus to reduce debt and financial risks in hot areas of the economy.
China’s growth prospects, further opening-up in favor of attracting FDI inflows: OECD expert: China’s favorable growth prospects and further opening-up policies are key factors that attract foreign direct investment (FDI), said an official of the Organization for Economic Cooperation and Development (OECD) on Monday.
China’s economic growth may have ‘peaked’, will ‘wane’ for rest of 2021 after April sentiment slowdown: China’s official manufacturing and non-manufacturing purchasing managers’ indices (PMI) dropped in April, but continued to show growth in the economy.