“China’s Belt and Road acquisitions surge despite outbound capital crackdown” – http://uk.reuters.com/article/uk-china-m-a-idUKKCN1AW00Q Continue reading China’s Belt and Road acquisitions surge despite outbound capital crackdown
The China-Africa Renewable Energy Cooperation and Innovation Alliance (CARECIA) was established in Beijing on Monday to boost cooperation between China and Africa on clean energy. Members of the alliance include finance institutions, smart grid providers and core manufacturers in renewable energy. According to a sustainable development plan, CARECIA will help to establish power supplies and transmission systems in Africa through public-private partnership (PPP) projects. The alliance will promote renewable energy, said Ding Yuxian of the China Industry-University-Research Institute Collaboration Association. Wider application of Chinese standards in Africa will boost renewable energy in both China and Africa, she said. “We need … Continue reading XINHUA: China and African states agreed to strengthen cooperation and innovation on renewable energy
China’s non-manufacturing purchasing managers’ index (PMI) maintains at above 54 percent for 10 consecutive months and the good economic momentum keeps going on. Resulting from weather … Continue reading Chinese manufacturing PMI stays above 51% for 10 consecutive months
The Shanghai Shipping Exchange (SSE) has officially launched the Belt and Road shipping indices to track freight trade data among countries involved after a two-year trial. The indices include a Belt and Road trade index, a Belt and Road freight … Continue reading Belt and Road shipping indices officially released
China’s manufacturing activities expanded at the fastest pace in four months in July on back of economic stabilization, a private survey showed on Tuesday. The Caixin China General Manufacturing Managers’ Index (PMI) stood at 51.1 for July, up from 50.4 … Continue reading China’s Caixin manufacturing PMI hits four-month high in July
Turkish manufacturing sector expanded in June to the highest level since November 2013. This signals a strong improvement in industrial production as well as domestic and … Continue reading Turkish thermal power generation increased in June, up 5.3% y-o-y.
Doomsayers on China’s economy have been wrong in the past, and they are wrong again today. China reported 6.9 percent GDP growth for the first half of 2017, exceeded the 6.7 percent rise in 2016 as well as beating … Continue reading Reform-minded China remains powerful engine of global economy