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Euro zone set for deeper recession, less steep rebound

The euro zone economy will drop deeper into recession this year and rebound less steeply in 2021 than previously thought, the European Commission forecast.

July 07, 2020

Value of China's new economy equals 16.3% of GDP

​​The economic value added from China's "new industries, new business forms and new business models" was 16.19 trillion yuan in 2019, the NBS said.

July 07, 2020

China's forex reserves expand in June

China's foreign exchange​ reserves were recorded at US$3.11 trillion as of late June, up 0.3 percent from a month earlier.

July 07, 2020

All eyes on China's unstoppable stocks after US$460b rally

​China's equity market is firmly in the spotlight after an almost unprecedented rally that helped lift global stocks to a one-month high.

July 07, 2020