CAIRO, April 10 (Xinhua) — The third China International Consumer Products Expo (CICPE) is a boon to global growth and international trade given the multiple challenges facing the world economy, an E
Tag: rates
China\’s PV industry reports robust growth in first 2 months
BEIJING, April 2 (Xinhua) — China\’s photovoltaic (PV) sector posted robust growth in the first two months of 2023 with major products of the industrial chain logging year-on-year growth rates of arou
ECB raises interest rates by another 50 bps
European Central Bank President Christine Lagarde attends a press conference in Frankfurt, Germany, on March 16, 2023. The European Central Bank (ECB) on Thursday raised interest rates by another 50 b
U.S. mortgage applications tick up in spite of high rates
WASHINGTON, March 8 (Xinhua) — U.S. mortgage applications climbed 7.4 percent in the week ended March 3 from the week prior, despite higher mortgage rates.Demand for refinancing, as well as home buyi
U.S. consumer confidence drops in February
WASHINGTON, Feb. 28 (Xinhua) — U.S. consumer confidence fell for the second straight month in February, indicating Americans\’ jitters about the economy amid surging inflation and high interest rates.
Influenza on the rise in multiple regions across China, dominated by H1N1 virus
The spread of influenza has continued to show an upward trend in multiple provinces across China with outbreaks of influenza A (H1N1) virus being reported at many schools in several areas.Statistics f
Iraq plans to settle trade with China in Chinese yuan: official
BAGHDAD, Feb. 23 (Xinhua) — The Central Bank of Iraq (CBI) is planning to settle trade with China in Chinese yuan to improve Iraq\’s access to foreign currency, a government official told Xinhua on Th
U.S. existing home sales drop for 12th consecutive month
WASHINGTON, Feb. 21 (Xinhua) — U.S. sales of previously owned homes fell for the 12th consecutive month in January, as high home prices, record inflation, and high interest rates put a damper on dema
Average age of first-time mothers in Shanghai reaches 30
The proportion of the population who have one child reached more than 73 percent among the household registered residents in Shanghai, while the rate of those who have two children stood at 24.34 perc
U.S. wholesale inventories see slowest rise in over 2 years
WASHINGTON, Feb. 9 (Xinhua) — U.S. wholesale inventories recorded their smallest gain in December in over two years, suggesting businesses are holding back new orders amid the double whammy of slowin