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China's central bank injects liquidity into market in November

China's central bank continued to pump cash into the money market in November to meet liquidity demand from financial institutions.
Source: Xinhua | 2019/12/3 10:12:43

China, Russia inaugurate east natural gas pipeline

Chinese President Xi Jinping and his Russian counterpart Vladimir Putin inaugurated the China-Russia east route natural gas pipeline by video link-up on Monday sending a signal that energy and cooperation in other sectors between the two countries are becoming the key to boosting multilateralism.
Source: Global Times | 2019/12/2 23:58:40

Optimism about China's economy undimmed by divergent views on 2020

Editor's Note: All eyes are on the possibility of China's GDP growth falling below 6 percent in 2020. What if China's GDP growth falls below 6 percent in 2020, as the prolonged China-US trade war and a slowing global economy continue to cast a shadow on the country's economic growth? Leading Chinese economists and China market watchers are unfazed by concerns over whether or not the world's second-largest economy can hold the psychological 6 percent growth level, showed a new poll from the Global Times released on Monday.
Source: Global Times | 2019/12/2 20:03:42

Will China's growth hit 6% in 2020?

Will China's GDP growth hit 6% in 2020? What if the growth falls below 6% amid the prolonged China-US trade war and a slowing global economy? Experts seem to be unfazed by concerns over whether China's economy can hold the psychological 6% growth level, a GT Source survey shows.(See story on Page S4-5 )
Source: Global Times | 2019/12/2 23:53:41

China to remain locomotive of the global economy in upcoming year

China's economy, second-ranked globally in nominal GDP terms and the largest based on an adjustment of GDP for purchasing power parity (PPP), will remain among the best performers in the global economic landscape in the upcoming year, China market watchers said.
Source: Global Times | 2019/12/2 23:48:40

Tertiary industries create more jobs in China, despite trade war

Though China has witnessed slow economic growth amid the China-US trade war, it has stabilized its job market thanks to the country's tertiary industries, which have created more positions during the country's industrial upgrading efforts.
Source: Global Times | 2019/12/2 23:43:40

China-Russia bridge ready to open in new year

A road bridge linking China and Russia is covered in snow on Sunday.
Source: VCG | 2019/12/2 21:08:41

China adjusts to trade challenges

Throughout the year, China's economy has endured a battle that hardly anyone had expected its toughness, showing high level of resilience.
Source: Global Times | 2019/12/2 21:03:41

Mainland policy to attract HK, Macao, TW talent

The planned social insurance policy to be applied to people from Hong Kong, Macao and Taiwan in the Chinese mainland will promote talent flows and increase mutual understanding between mainlanders and the people from the three areas, experts said on Monday.
Source: Global Times | 2019/12/2 20:48:40

Guizhou Province offers high pay to specialists in poverty reduction

Southwest China's Guizhou Province is offering up to 500,000 yuan ($71,100) in annual salaries to attract specialists for poverty alleviation, which an analyst said on Monday will greatly contribute to poverty reduction in the province.
Source: Global Times | 2019/12/2 20:43:40

Caixin manufacturing PMI rises in Nov as orders grow amid US trade war

China's factory activity expanded more than expected in November, as the private Caixin/Markit manufacturing purchasing managers' index (PMI) rose to its highest level in almost three years.
Source: Global Times | 2019/12/2 20:38:40

Figuratively speaking

Number of 5G smartphones Honghai Precision Industry Co will assemble for Huawei in 2020, media reports said.
Source: Global Times | 2019/12/2 20:18:40

Narrowing trade deficit high on agenda for China and Pakistan

The second phase of the China-Pakistan free trade agreement (FTA), which took effect Sunday, is expected to further bridge the trade deficit between the two countries by boosting Pakistani exports to China.
Source: Global Times | 2019/12/2 20:15:45

Voiceprint recognition used in banks in China

China Guangfa Bank will use voiceprint recognition technology in identity authentication, after the application of fingerprint and facial recognition technology in the banking industry, media reported on Monday.
Source: Global Times | 2019/12/2 20:13:41

Huawei CFO Meng Wanzhou 'no longer afraid of the unknown'

Millions of Chinese netizens read and expressed support for Huawei Chief Financial Officer Meng Wanzhou, who published a letter on the anniversary of her arrest in Canada, saying she was "no longer afraid of the unknown" despite moments of fear and torment.
Source: Global Times | 2019/12/2 20:08:40

HK set to report first budget deficit in 15 years

Hong Kong is poised to experience the first budget deficit in 15 years in the fiscal year that ends in March 2020, as months of riots are battering hurting Hong Kong's traditional economic sectors, like retail and catering, that were normally big tax contributors, experts said.
Source: Global Times | 2019/12/2 20:03:40

Hong Kong Airlines risks having license revoked as demand decreases

The turmoil in Hong Kong may have put more than 3,000 air workers at risk as the local government warned it may revoke the license of Hong Kong Airlines, should it fail to improve its financial situation by Saturday.
Source: Global Times | 2019/12/2 19:53:40

Aussie manufacturing output hits 3-year low: report

Australia's manufacturing sector has run into a brick wall according to a leading business lobby on Monday, with activity levels hitting their lowest point in three years.
Source: Xinhua | 2019/12/2 14:29:19