Inflation in China unexpectedly retreated in August, a fresh sign of trouble in the world’s second-largest economy
Consumer prices rose 2.5% in August compared with a year earlier, China’s National Bureau of Statistics said Friday, down from July’s 2.7%. Economists polled by The Wall Street Journal had expected 2.8%.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
China: Trade figures disappointed in August – UOBEconomist at UOB Group Ho Woei Chen, CFA, comments on the latest release of trade balance results in China. Key Takeaways “Both China’s export and imp
Read more »
China: Tesla EV Sales Significantly Increased In August 2022In-line with preliminary reports, Tesla has significantly increased production output in China, which translated into a near-record result in August.
Read more »
Steel prices eye a rebound on lower-than-expected China inflation and infrastructure boostSteel prices eye a rebound on lower-than-expected China inflation and infrastructure boost – by Sagar_Dua24 Metals China Inflation PBOC Commodities
Read more »
1,400,000 Times Stronger Than Earth’s: New Record for Strongest Steady Magnetic FieldChina has set a new world record for the strongest steady magnetic field. On August 12, the hybrid magnet of the Steady High Magnetic Field Facility (SHMFF) in Hefei, China, generated the world's highest steady magnetic field by a working magnet measuring 45.22 teslas (T). In comparison, Earth's ma
Read more »
China: PBoC reduces Foreign Currency Deposit RRR – UOBUOB Group’s Economist Ho Woei Chen, CFA, and Senior FX Strategist Peter Chia, review the latest decision by the PBoC. Key Takeaways “In a statement on
Read more »