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China’s Runaway Train Is Running Out of Track – Bloomberg
A financial drama is unfolding in China as the new year begins. Last week, for the second time in six months, interest rates in the critical interbank lending market spiked above 10 percent, prompting...
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China services sector booms in June, suggest economy steadying | Reuters
Activity in China’s services sector expanded at its fastest pace in 15 months in June, a private survey showed on Thursday, reinforcing signs that the broader economy is stabilizing. The services...
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One injured as explosion hits Xining airport car park in Qinghai | South...
An explosion rocked the car park of Xining’s main airport today, state media reported. One person was injured by shrapnel, according to the authorities. Police and bomb experts rushed to the scene...
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Rising inflation, weak industrial output dampen hopes of economic turnaround...
New economic data casts dark clouds over economic revival The Consumer Price Index increased from 7.46% in June to 7.96% in July, according to data released by the government on Tuesday. The CPI...
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