Data

China’s Forex Reserves Rise for Four Months for First in Three Years Last Month on Unexpected Growth

China’s Forex Reserves Rise for Four Months for First in Three Years Last Month on Unexpected Growth

Driven by a weaker dollar and a rallying US bond market, China’s foreign exchange reserves grew better than expected, staying over USD3 trillion for four straight months.

Jun 8, 2017
Yicai Global
Caixin Services PMI in May Registers 52.8 in Its First Rise This Year

Caixin Services PMI in May Registers 52.8 in Its First Rise This Year

The Caixin China General Services Business Activity Index (PMI) released today for last month shows a rise to 52.8, up 1.3 percent from April, logging its first increase this year.

Jun 6, 2017
Yicai Global
UBS Revises Yuan-Dollar Parity Expectation, Says China's Forex Reserves Not to Fall Below Benchmark

UBS Revises Yuan-Dollar Parity Expectation, Says China's Forex Reserves Not to Fall Below Benchmark

China’s foreign exchange reserves may not fall below USD3 trillion benchmark this year thanks to currency stabilization and capital controls…

Jun 1, 2017
Yicai Global
Caixin Manufacturing PMI Falls Below 50 for First Time in 11 Months

Caixin Manufacturing PMI Falls Below 50 for First Time in 11 Months

The Caixin China Manufacturing Purchasing Managers’ Index for last month was 49.6, down 0.7 point from April and falling below…

Jun 1, 2017
Yicai Global
China Had a Services Trade Deficit of USD18.3 Billion in April, SAFE Data Shows

China Had a Services Trade Deficit of USD18.3 Billion in April, SAFE Data Shows

In dollar terms, China’s international goods and services trade income in its international balance of payments was USD192 billion in…

Jun 1, 2017
Yicai Global
China's E-Commerce Transactions Grew 20% Last Year, Nearly 40% of World Total

China's E-Commerce Transactions Grew 20% Last Year, Nearly 40% of World Total

China remains the world’s largest online retail market, with e-commerce transactions up 19.8 percent annually last year, to claim 40 percent of the global total, official data show.

Jun 1, 2017
Yicai Global
IT Overtakes Finance as China’s Best-Paying Sector

IT Overtakes Finance as China’s Best-Paying Sector

Information technology overtook finance as the best-paying sector in China last year.

May 31, 2017
Yicai Global
Annual Average Urban Private Sector Employee Wages Rose 8.2% in China Last Year

Annual Average Urban Private Sector Employee Wages Rose 8.2% in China Last Year

The average annual wage of China’s urban private sector employees was CNY42,833 (USD6,200) in 2016, an increase of CNY3,244, compared…

May 27, 2017
Yicai Global
China’s Over 60s Outnumber Its Kids for the First Time; an Expert Appeals for More Births

China’s Over 60s Outnumber Its Kids for the First Time; an Expert Appeals for More Births

The proportion of children as against the total population in China was 16.6 percent last year, a figure lower than…

May 24, 2017
Wang Ling
China to Have 14 Million Mid- to High-Bracket Individuals by Year’s End, Forbes China Editor Says

China to Have 14 Million Mid- to High-Bracket Individuals by Year’s End, Forbes China Editor Says

The number of mid- to high-bracket individuals has risen steadily in China and reached 12,610,800 people as of the end…

May 24, 2017
Yicai Global
China’s Population May be Overestimated; Impact of Baby Boomers Will Be Tremendous, Expert Says

China’s Population May be Overestimated; Impact of Baby Boomers Will Be Tremendous, Expert Says

China’s demographic change has significantly affected its economic development. The government must quickly re-evaluate its population policy and further ease…

May 24, 2017
Yicai Global

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