As spot prices of natural gas in Europe and the US dropped abnormally into negative territory, Chinese experts on Wednesday warned of lingering instability in the global energy market and the continuing energy crisis in Europe.
China s economy picked up in an all-around way in the third quarter, with its GDP surging by an above-expected rate of 3.9 percent, data from the National Bureau of Statistics (NBS) showed on Monday, as the world s second largest economy is on track for a steady rebound under the government s supportive policies and orderly management of the COVID-19 prevention and control.
A Russian trust company will reportedly establish an open-ended equity fund to invest in Chinese equities, the latest example of overseas investors rush to hold more of Chinese financial assets, attracted by their stable yields.
With the increase in residential incomes and the accelerated consumption upgrade in China, the Norwegian Seafood Council said it is upbeat about China's seafood consumption market and will further develop its business in the country, said its senior executive.
Chinese companies are ramping up production capacity in Europe, as local customers demand for Chinese heating products ranging from electric carpets and heat pumps to heaters and hot-water bags have surged. Europe faces a rising gap in fuel supplies that could make the coming winter intolerably cold for many households.