China


2024-10-01

[News] China’s Manufacturing PMI Remains in Contraction in September, Showing the Urgency of Stimulating Demand

China's Manufacturing PMI remained in contraction in September, according to data released by China’s National Bureau of Statistics on September 30. China Manufacturing PMI was 49.8% in September, showing a slight improvement of 0.7% from the previous month but still below the 50-point mark, in...

stock trading on the laptop sreen
2024-09-30

[News] Key Focus This Week: Monitoring for Signs of Deterioration in the U.S. Labor Market

Last week, the People's Bank of China introduced significant easing measures targeting interest rates, the real estate market, and the stock market, leading to a nearly 16% rebound in the CSI 300 Index from its low. Meanwhile, although the S&P 500 had already priced in the Federal Reserve's 50 b...

2024-09-30

[News] China Reportedly Advises Local Companies to Avoid NVIDIA’s H20, Benefiting Huawei and Cambricon

Rumors have been circulating that NVIDIA has stopped taking orders for its H20 chips customized for China since August. Now, according to the latest report by Bloomberg, regulators in China have been advising companies against buying H20, as part of the country’s strategy to bolster its semiconduc...

2024-09-27

[News] China’s Industrial Profits Fall in August as Central Bank Unleashes Strong Stimulus for Weak Economy

China's industrial enterprises' profits saw a significant decline in August, according to data released by the National Bureau of Statistics on September 27. In August, industrial profits fell by 17.8% year-over-year, a sharp decline from July’s 4.1% increase, marking a 21.9 percentage point decre...

2024-09-27

[News] China’s IC Exports Regain Momentum, Amounting to RMB 736 Billion by August

Recently, a report by People's Daily notes that according to data released by China's customs authorities, in the first eight months of this year, China’s integrated circuit (IC) exports amounted to RMB 736.04 billion, an increase of 24.8%. IC exports have surpassed automotive exports (which total...

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