Chinese banks report forex settlement surplus last month
BEIJING, Jan. 17 (Xinhua) -- China's commercial banks saw a net forex settlement surplus of 15.6 billion yuan (2.2 billion U.S. dollars) in December 2019, the country's forex regulator said Friday. F
China's resident disposable income rises 5.8 pct in 2019
BEIJING, Jan. 17 (Xinhua) -- China's per capita disposable income stood at 30,733 yuan (4,461.95 U.S. dollars) in 2019, up 5.8 percent year on year in real terms, official data showed Friday. Separat
Namibia inflation down to 2.6 pct in December
WINDHOEK, Jan. 15 (Xinhua) -- Namibia's annual inflation rate slumped to 2.6 percent in December last year, down by 2.5 percentage points year on year. According to the official National Consumer Pri
CITIC Securities reports surging net profit in 2019
BEIJING, Jan. 14 (Xinhua) -- CITIC Securities, one of China's leading brokerage firms, reported rising net profit in 2019 in its preliminary earnings estimate. Net profits for the parent company incr
China auto sales down 8.2 pct in 2019
BEIJING, Jan. 13 (Xinhua) -- China's auto sales went down 8.2 percent year on year to 25.77 million units in 2019, data from an industry association showed Monday. The country's vehicle output stood
Number of registered local companies in Hong Kong falls 1.5 pct last year
HONG KONG, Jan. 12 (Xinhua) -- The total number of local companies registered in Hong Kong stood at around 1.38 million by the end of 2019, down about 1.5 percent year-on-year, official statistics sh
China's major investment company reaps record gross profits
BEIJING, Jan. 11 (Xinhua) -- The State Development and Investment Corp., a major state-owned investment company, reaped a record 20 billion yuan (about 2.86 billion U.S. dollars) in gross profits in
