Economy

Economy

China retaliates with tariffs on American items worth US$60b

China announced it will impose additional tariffs on American products worth US$60 billion from next Monday in response to the newly announced US tariffs on Chinese goods.
Economy

China's stock markets surge

Shares of building material companies led gainers while total turnover on the two stock exchanges rose to 253.66 billion yuan (US$36.95 billion).
Economy

China pledges zero tolerance for data fraud

China's statistics authority named and shamed local areas involved in statistical fraud, pledging a continued hard-line stance on and zero tolerance to such illegal practices.
Economy

Chinese shares fall to lowest since 2014

Chinese shares dropped to their lowest level in nearly four years yesterday.
Economy

China's economy shows steady growth in August

China's economy extended steady growth in August, with industrial output expanding 6.1 percent year on year.
Economy

China's retail sales up 9% in August

China's retail sales of consumer goods grew 9 percent year on year in August, official data showed Friday.
Economy

China's industrial output expands 6.1% in August

China's industrial output expanded 6.1 percent year on year in August, slightly higher than the 6-percent rise in the previous month, official data showed on Friday.
Economy

Imposing tariff 'a very detrimental policy': US scholar

Imposing tariff is "a very detrimental policy" and destroying the trade system, Roy Wehrle, said a reputed economist and economic consultant to former US President John Kennedy.
Economy

China confirms US invitation for trade talks

China has received an invitation from the United States to hold trade negotiations, the Ministry of Commerce said yesterday.
Economy

Turkey takes measures to lift ailing currency

Turkey ruled yesterday that property sales, rental contracts and leasing transactions must be made in lira as the central bank raised its benchmark rate by a 625 basis points.
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