Tag Archives: China

Sweden has banned telecommunication equipment from Huawei and ZTE in its 5G network, Reuters reported. The move comes in line with similar measurements by other European countries on security concerns. Back in July, the United Kingdom decided that all Chinese components in its 5G network will be removed by 2027.

The United States is concerned with China’s growing influence in Brazil, as expressed by the U.S. Trade Representative Robert Lighthizer on Tuesday. Lighthizer’s remarks, picked up by Reuters, came during an event hosted by the U.S. Chamber of Commerce. It is worth noting that China is Brazil’s largest trading partner. …

China’s economic recovery accelerated in the third quarter of the year as consumers abandoned caution about the Coronavirus, but the main below-expected growth rate foretells continued risks to one of the few drivers of global demand. Official data revealed on Monday that gross domestic product (GDP) grew 4.9% from July …

China’s producer price index fell 2.1% year on year in September more than expected. In September, the annual CPI rose 1.7% less than expected. On a monthly basis, the same index rose by 0.2%, less than expected by 0.1%.

Car sales in China recorded growth for the sixth consecutive month in September, increasing by 12.8% as the world’s largest car market recovered from low levels recorded in light of the isolation measures related to the Corona virus. September and October are usually considered a peak sales period in the …

China’s exports in September rose by 9.9% year-on-year, in line with expectations, and imports grew at the fastest pace for this year, at 13.2% in the same period, well above expectations of a 0.3% rise. China’s exports rose by 10.2% in Q3 to $ 742.9 billion.

The Chinese central bank is issuing digital coins worth 10 million yuan ($ 1.5 million) to 500 users, who will be chosen at random, in a move that some see as the country’s first public test of the yuan’s digital payment system. The People’s Bank of China (central bank) campaign …

China announced that manufacturing activity expanded in September as the world’s second-largest economy continued to show signs of recovering from the coronavirus pandemic. The official PMI manufacturing index for September came in at 51.5 compared to 51.0 in August, according to the National Bureau of Statistics. PMI readings above 50 …

China has said it will invest in strategic industries, including key technology sectors such as 5G networks, artificial intelligence and chips. The National Development and Reform Commission said China will speed up the development of new materials to ensure stable supply chains for the aircraft industry, microelectronics and deepwater mining …

The World Trade Organization has ruled that the additional tariffs imposed by the United States in 2018 on Chinese goods violate international trade rules, in a blow to the Trump administration’s trade war against the world’s second largest economy. A three-person panel of trade experts at the World Trade Organization …