China March services activity speeds up as new business rises at quickest pace in 3 months
China’s services activity growth accelerated in March as new business rose at the quickest pace in three months, a private-sector survey showed on Wednesday, a sign sentiment was staging a tentative recovery in the world’s second-largest economy.
In a sign staging a tentative recovery in the world’s second-largest economy, China witnessed an acceleration in services activity growth in March this year with new business rising at the quickest pace in three months, as per a private-sector survey r ...
Foreign financial institutions eye opportunities in China as nation committed to high-level opening-up
Despite the complex and volatile international environment, foreign financial institutions continued to increase their investment in China since the beginning of 2024, representing a vote of confidence in the prospects of the Chinese economy and eyeing more opportunities brought about by the country’s high-level opening-up.
Standard Chartered Securities (China) Ltd (SCSCL) - the first newly established wholly foreign-owned securities company in China - officially opened for business in Beijing ...
Chinese Foreign Ministry and Embassy hit back at US’ annual HK report
The Foreign Ministry’s office in Hong Kong and the Chinese Embassy in the US have both criticized the US over its annual Hong Kong report and urged the US to not interfere in the internal affairs of Hong Kong and China.
Their response came after the US released the 2024 Hong Kong Policy Act Report on Friday, with Secretary of State Antony Blinken saying they are taking steps to impose visa restrictions on certain Hong Kong officials.
In a statement released on Friday night, the embassy object ...
Though U.S. economy shows signs of strength, poll shows third of Americans rate it as poor
A Gallup Poll on Americans’ view of the U.S. economy published Wednesday indicated that while most still have a negative view of things, public sentiment on the economy has improved since polling last year.
Gallup said its Economic Confidence Index was at -20 in March, but that was much improved from the -50 measured last fall.
GDP was up 2.5% for 2023 and rose 3.3% in the fourth quarter of 2023.
The March 1-20 results were -20, with 30% saying the economy is good, 30% calling the economy fair ...
