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Tag: months

Pivotal data show recession already in U.S.: economist

wangxiao05/30/20230

Customers shop at a store in Queens, New York, the United States, on Jan. 12, 2023. (Photo by Ziyu Julian Zhu/Xinhua)
Recession fears have been plaguing investors for months now, after the Federal Res

China\’s private sector benefits most from tax relief: official

wangxiao05/27/20230

BEIJING, May 26 (Xinhua) — Taxpayers from China\’s private sector have benefited the most from the country\’s tax and fee relief measures.
Over 339.3 billion yuan (about 47.95 billion U.S. dollars) of

China\’s industrial profits down in first four months

wangxiao05/27/20230

BEIJING, May 27 (Xinhua) — Profits of China\’s major industrial firms fell 20.6 percent year on year in the first four months of the year, data from the National Bureau of Statistics showed Saturday.

Meituan reports profit rise in Q1 amid consumption recovery

wangxiao05/26/20230

SHANGHAI, May 25 (Xinhua) — China\’s e-commerce platform Meituan Thursday reported an operating profit of 3.59 billion yuan (about 509 million U.S. dollars) in the first quarter of this year, turning

Bankruptcies skyrocket in U.S.: The Hill

wangxiao05/24/20230

NEW YORK, May 23 (Xinhua) — There isn\’t an official recession in the United States, but a large and growing number of U.S. companies are declaring bankruptcy, according to an opinion article publishe

China\’s non-financial ODI up 26.6 pct in Jan-April

wangxiao05/23/20230

BEIJING, May 22 (Xinhua) — China\’s non-financial outbound direct investment (ODI) rose 26.6 percent year on year to 289.29 billion yuan in the first four months of the year, official data showed Mond

Shanghai sees steady increase in foreign trade

wangxiao05/22/20230

SHANGHAI, May 22 (Xinhua) — The foreign trade of China\’s economic hub Shanghai registered a steady recovery this year, customs data shows.
In the first four months, the total value of Shanghai\’s fore

Xinjiang sees significant trade growth with Central Asia in Jan-April

wangxiao05/22/20230

URUMQI, May 22 (Xinhua) — Northwest China\’s Xinjiang Uygur Autonomous Region saw its foreign trade with the five Central Asian countries increase by 92.2 percent to 75.11 billion yuan (about 10.7 bil

China\’s Xiamen sees trade with BRICS up nearly 65 pct in Jan.-April

wangxiao05/18/20230

XIAMEN, May 17 (Xinhua) — Coastal city of Xiamen in East China\’s Fujian Province saw its BRICS-related trade increase 64.9 percent year on year to hit 34.96 billion yuan (about 5 billion U.S. dollars

China approves 56 fixed-asset investment projects in Jan-April

wangxiao05/17/20230

BEIJING, May 17 (Xinhua) — China\’s top economic planner approved 56 fixed-asset investment (FAI) projects in the first four months of the year, with combined investment totaling 378.4 billion yuan (a

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