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China July official PMI falls to 51.2 vs 52.1 in June
China’s official purchasing managers’ index (PMI: 3.12 ,-0.10 ,-3.11%) fell to 51.2 in July from 52.1 in June, the China Federation of Logistics and Purchasing (CFLP) said on Sunday. The…
China central bank vows to keep policy stable in H2
China will stick to a relatively loose monetary stance in the second half of this year, with an emphasis on implementing policy flexibly, the People’s Bank of China (PBOC) said…
China’s economy poised to overtake Japan’s
China is set to overtake Japan as the world’s second-largest economy in a resurgence that is changing everything from the global balance of military and financial power to how cars…
China launches new global positioning satellite
China took a further step on Sunday toward ending its dependence on U.S. satellites to provide navigation and positioning services. A rocket carrying the fifth of a planned array of…
Some Russian assets may be sold to Chinese state funds
Russia may sell some government-owned companies’ assets to Chinese state investment funds, the Sunday Times reported, citing Russian bankers it didn’t identify. Preliminary talks have taken place with government officials…
Chinese manufacturinggrows at slowest pace in 17 months as economy cools
China’s manufacturing grew at the slowest pace in 17 months in July as the government clamped down on property speculation and investment in energy-intensive and polluting factories. The Purchasing Managers’…
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