China New Growth: China s NEV industry thrives amid fierce competition beijingbulletin.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from beijingbulletin.com Daily Mail and Mail on Sunday newspapers.
The once-a-year Spring Festival, China s most important traditional holiday, had just ended with a stunning rebound in consumer spending. Shopping malls, restaurants were thronging with shoppers, and overseas travelling companies across the world from Thailand, Singapore to Indonesia were also eagerly welcoming the return of Chinese travelers with their biggest smiles.
The C919, China s first domestically developed narrow-body passenger jet, netted 300 new orders in November, with the first such aircraft due to be delivered this month.
The US Federal Reserve on Wednesday raised its policy interest rate by 75 basis points (bps) for a third time in a row this year, in a desperate and reckless battle against rampant inflation.
Local governments in China sold a record amount of bonds in June as it turned to its old playbook of boosting economic growth through public infrastructure investment amid fears of an economic slowdown.