Dgcity
China's Trade Surplus Tops $1 Trillion as AI Demand Fuels Exports
China's exports surged 35.2% in October, pushing its 10-month trade surplus past $1 trillion on booming AI infrastructure demand.
Economy & Business
China’s economy, markets, companies, trade and industry.
dgcityChina NEV sales hit monthly record as exports more than double
Chinese sales of new energy vehicles hit a monthly record of 1.94 million in October, powered by a 140 percent surge in exports even as domestic demand slipped.
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Citi chief bullish on China as foreign banks line up to enter market
Citigroup CEO Jane Fraser said China is one of the great opportunities in finance after winning approval for a wholly owned securities business there.
Shanghai Import Expo Closes With Record $85 Billion in Deals
China's import expo closed with a record $85.45 billion in intended one-year deals, up 2.3%, as Beijing showcases market access.
China's State Funds Make Record Stock-Market Purchases to Stem Rout
China's state-backed funds bought a record 156 billion yuan of equity funds last week as authorities stepped in to stop a months-long share selloff.
China's Factory Inflation Hits Four-Year High While Food Prices Fall
China's producer prices rose 5.7% in October, the fastest in over four years, even as consumer inflation cooled to 0.7% on cheaper pork and vegetables.
China's October lending expected to weaken as credit demand stays soft
Chinese banks are expected to have extended far fewer new loans in October as credit demand stayed weak, even as government bonds supported financing.
GE Aerospace Signs Record $12.9 Billion in Deals at Shanghai Expo
GE Aerospace agreed over $12.9 billion in China engine and service deals at the CIIE expo, including 202 LEAP engines for China Eastern Airbus jets.
Investors see Chinese internet earnings rebound as cloud and games recover
Major Chinese internet companies are expected to return to profit growth in the third quarter, led by cloud computing and gaming while consumer spending stays soft.
China opens two new anti-dumping probes into EU industrial imports
China launched anti-dumping investigations into EU aramid fibre and, with Japan, an industrial chemical, adding to trade friction despite recent talks.
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