China's factory activity is expected to have contracted for the seventh str...
BEIJING - China’s factory activity is expected to have contracted for the seventh straight month in November amid sluggish domestic demand a Reuters poll showed, despite some optimism over chances for an interim deal to de-escalate a trade war with the United States.
The official Purchasing Managers’ Index for November is expected to come in at 49.5, below the 50-point mark that separates expansion from contraction on a monthly basis, according to the median forecasts of 28 economists.The continued downturn in manufacturing activity points to further weakness in the world’s second-biggest economy, fuelling expectations the authorities will have to roll out more stimulus measures to avert a sharper slowdown and job losses.
The United States and China are close to agreement on the first phase of a trade deal after top negotiators from the two countries spoke by phone and agreed to keep working on remaining issues.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
China central bank issues draft guidelines on evaluation of systemically important banksChina's central bank issued a draft guidelines on Tuesday on the evaluation...
Leer más »
Special Report: How Hong Kong's greatest tycoon went from friend of China to punching bagIn January of 1993, an ambitious Chinese Communist Party boss, a 39-year-old off...
Leer más »
Trump says the US-China trade deal is in its 'final throes' — but analysts are skeptical'I'm holding it up because it's got to be a good deal,' Trump later said to former Fox News host Bill O'Reilly.
Leer más »
China accuses US of 'sinister intentions' after Trump signs bills supporting Hong Kong protestersThe ministry emphasized that Hong Kong is part of China through the 'one country, two systems' policy, and that the special administration region's issues are internal affairs.
Leer más »
Asian shares climb as Trump says US-China trade deal nearsUS president's upbeat comments on trade stoked confidence in Asia. Experts say 'accommodative Fed and accommodative monetary policy' are likely driving the markets, calling US-China trade headlines just 'noise' that works in the short-term.
Leer más »
TikTok apologizes for temporary removal of video on Muslims in ChinaSocial media app TikTok apologizes for temporary removal of a video that criticized China’s treatment of Muslims by brendagoh_
Leer más »