China economy

The recovery in China’s service sector activity extended into a fourth straight month in August, an industry survey showed on Thursday, with companies hiring more people for the first time since January.

China’s top leaders next month will lay out their economic strategy for the next five years that will include a new ambition to ramp up domestic consumption and make more critical technology at home in a bid to insulate the world’s second-largest economy.

An uneven recovery is under way in China as the world’s biggest consumer market also becomes one of the first nations to rebound from the coronavirus pandemic that continues to ravage the global economy.

As Chinese consumers are hunting for bargains at Sasseur REIT, analysts are recommending investors to snap up the stock.

"Regional growth is expected to slow sharply this year, from 4.8% in 2019, to 0% in 2020 before rebounding strongly in 2021,” says AMRO’s chief economist Khor Hoe Ee.

"A union leader will do what it takes to save jobs and in every way possible. And when jobs cannot be saved, union leaders will support workers through the tough times and help them seek new opportunities." –— NTUC secretary general Ng Chee Meng

China’s economic recovery is vulnerable to losing momentum as key trading partners struggle with resurgences of COVID-19 s to control its spread.cases and impose fresh measure

China's economy recovered in the second quarter with a 3.2% GDP expansion.

China’s exports and imports both rose in June, signalling that demand at home and abroad may have started to recover even as the pandemic continues to ravage the global economy.

China’s economy now accounts for about 16% of the world’s output, up from around 9% a decade ago. So, what happens there matters hugely for the rest of us.