China

Chinese Finance Minister Criticizes Trump’s Policy Proposal

Chinese Finance Minister Criticizes Trump’s Policy Proposal

Lou Jiwei, the Finance Minister of China came down heavily upon the Republican presidential front-runner Donald Trump and called him "an irrational type" because of his proposal to impose increased tariffs that could be as much as forty five percent, on imported Chinese goods.

Revival Policies Seem to Work for China but Growth Slows in the First Quarter

Revival Policies Seem to Work for China but Growth Slows in the First Quarter

China has embraced certain economic revival policies that appeared to be working as March economic figures came out.

March Consumer Inflation in China Steady, Wholesale Prices Drop

March Consumer Inflation in China Steady, Wholesale Prices Drop

In March, consumer price inflation in China grew slightly but not according to expectations, that leveled out the strengthening trend of four-months. The wholesale prices continued its Drop.

Volvo wants to test 100 autonomous cars in China

On Thursday morning, Swedish multinational automobile maker Volvo announced its plan to test 100 autonomous cars on the public roads in China in normal traffic conditions.

Official PMI of China Reveals Expansion in March Factory Activity

Official PMI of China Reveals Expansion in March Factory Activity

China's distressed manufacturing sector seems to be picking up after all. An official survey revealed on Friday showed, China's manufacturing activity unpredictably expanded in March. That's the first boost in activity in the sector noted in last nine months. It also adds to hopes that mounting pressure on China's economy might be easing after all.

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