text

APD | Slower Chinese sales push Panasonic operating profit down 18%

By APD writer AliceThe Japanese consumer electronics giant Panasonic said on February 3 that lower sales in China made its operating profit in the April-December period

text

China's central bank injects 400 bln yuan into market

China's central bank pumped 400 billion yuan (about 57 billion U.S. dollars) into the banking system on Tuesday, after injecting 1.2 trillion yuan into the system via reverse repos on Monday.The Peop

text

Watch experts from Boston Dynamics, Built, Dusty and Toggle discuss robotic construction at TC Sessions: Robotics

After recently doing a survey of the top robotics investment rounds, it became pretty clear: construction is going to be huge for this industry. Global construction is expected to hit $13 trillion by

text

China's industrial profits decline 3.3 percent in 2019

China's industrial profits declined 3.3 percent on an annual basis to 6.1996 trillion yuan (897.96 billion U.S. dollars) in 2019, the National Bureau of Statistics data showed on Monday.The contracti

text

China's central bank injects more liquidity into market amid epidemic battle

China's central bank pumped 1.2 trillion yuan (about 173.3 billion U.S. dollars) into the financial system via reverse repos on Monday. The People's Bank of China (PBO

text

PBOC to inject $174 billion via reverse repos on Monday

China's central bank said on Sunday it will inject 1.2 trillion yuan (about 174 billion U.S. dollars) in liquidity via reverse repo on February 3, in order to maintain ample liquidity amid the cor

text

Google joins the Trillion Dollar Club and who will be the next?

01:07 This month, Google became the fourth company in history to join the "Trillion Dollar Club", reaching a market capitalization of one trillion dollars.The elite group includes thre

text

Beijing's retail sales up 4.4 pct in 2019

Beijing's retail sales of consumer goods, a major indicator of consumption growth, totaled some 1.23 trillion yuan (about 178.7 billion U.S. dollars) in 2019, up 4.4 p

text

China to improve product portfolio, quality for elderly

China will make further moves to enrich products and improve their quality for the country's growing elderly population. The country's elderly product sector might exc

text

Japan gov't spends 2.44 billion USD on Tokyo Olympics in 6 years

The Japanese government said Friday it spent about 266.9 billion yen (2.44 billion U.S. dollars) in preparation for the Tokyo Olympic and Paralympic Games in six years

text

China sets up new office to tighten futures market regulation

A new office will be set up in one of China's major futures exchanges to enhance trials of administrative punishments for market irregularities, the country's top secu

text

Cross-border RMB settlement in China's trade hub hits new high

Cross-border settlement in Chinese currency in south China's Guangdong Province hit a new high in 2019, a local branch of the People's Bank of China (PBOC), the central bank, said Sunday. Cross-bord

text

China's top economic planner approves investment projects worth 194 bln USD in 2019

China's top economic planner said Sunday that it has approved 157 fixed-asset investment (FAI) projects with combined investment totaling 1.33 trillion yuan (about 194

text

Chinese manufacturing hub sees trade growth with B&R countries

The Southern Chinese city of Dongguan, the country's manufacturing hub, saw robust growth in its foreign trade with countries and regions participating in the Belt and Road Initiative last year, loc

text

China's foreign trade up 3.4 pct in 2019

China's foreign trade rose 3.4 percent in 2019 to 31.54 trillion yuan (about 4.6 trillion U.S. dollars), customs data showed Tuesday. Exports grew 5 percent year on year to 17.23 trillion yuan last

text

China's foreign trade hit $4.6 tln in 2019

China's foreign trade rose by 3.4 percent year on year to a historic high of 31.54 trillion yuan (about 4.6 trillion U.S. dollars) in 2019, the General Administration o