China’s exports have grown for the second consecutive month, albeit at a slower pace, rising 8.5% in US dollar terms in April, while imports fell 7.9% compared to the same period last year. Reuters economists had predicted a rise of 8% in exports and no change in imports. In March, ...
Read More »China’s heat wave could have an impact on its economy: Economist says
According to the Chief Economist of Hang Seng Bank China, China is currently in the grip of a devastating heatwave, which could have a serious impact on its economy. China is facing record-breaking heatwaves and power shortages in the Yangtze River region. Extreme temperatures have inhibited crop growth and put ...
Read More »39 missing and 23 trapped in building collapse in China
China: In China, 23 people were trapped in the rubble after a building suddenly collapsed, while a total of 39 people are said to be missing. Hotels and cinemas were running inside the 8-story building that was the victim of the accident in Changsa city of Hunan, China’s central province. ...
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