China's e-commerce giant Alibaba on Friday reported a rosy quarterly revenue despite the economic impact of the COVID-19 pandemic. The group's revenue in the quarter e
As China, like other countries, has taken a hit by the shock of the coronavirus pandemic, pessimists in the West rushed to draw a dark picture for the Chinese economy.
China's service outsourcing industry sped up its recovery from the novel coronavirus epidemic in April, data from the Ministry of Commerce showed on Wednesday. Chinese
VCGChina's fiscal revenue continued to decline in the first four months of the year under the influence of COVID-19, official data showed Monday.The country's fiscal re
Europe's largest budget airline Ryanair announced on Friday that it has cut more than 250 jobs in order to face its shrinking business due to the impact of the COVID-19
Volkswagen's global sales plummeted by 45.4 percent in April year-on-year to a total of 437,500 vehicles, Germany's largest carmaker announced on Friday.Sales in wester
China's economic activities are picking up the pace of resumption, as shown by several leading indicators including the number of cargo volume, power generation and co
East China's Jiangsu Province, China's major export-oriented economic powerhouse, reported a year-on-year increase of 11 percent in foreign trade in April, which repre
The Organization of the Petroleum Exporting Countries (OPEC) revised down its forecast of global oil demand for 2020, predicting a 9.07 million barrels per day (b/d) y
Headquarters of the People's Bank of China in Beijing. /VCGChina's macro leverage ratio has increased in the first quarter as the country stepped up credit support to m
Editor's note: Liu Chunsheng is an associate professor at the Central University of Finance and Economics in China as well as deputy dean of Blue Source Capital Researc
China's new yuan-denominated loans continued to climb in April as the country stepped up credit support to inject liquidity into the real economy, official data showed
Photo taken on May 4, 2020 shows the Central district of Hong Kong, south China. (Xinhua/Lo Ping Fai)Chief Secretary for Administration of China's HKSAR government Matt
New data showed that U.S. employers cut a staggering 20.5 million jobs in April, erasing a decade of job gains since the global financial crisis and pushing the unempl
Economic outlook remains positive in 2020 for Sichuan capitalChengdu, capital of Southwest China's Sichuan province, reported a better-than-expected economic performanc
Fast food restaurant A'wen once again recorded over 10,000 monthly orders as customers with newly issued digital coupons flooded the eatery situated near North Bund in
Chief Executive of China's Hong Kong Special Administrative Region (HKSAR) Carrie Lam said Tuesday that the HKSAR government will roll out more measures to prop up econ
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