1 2021-05-08 08:07:05Xinhua
Editor : Li Yan
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China s exports and imports are both expected to see robust momentum in the coming months amid strong global and domestic economic recovery, British think tank Oxford Economics said in a report released Friday. We expect export momentum to remain robust in the coming months, said the report, adding that a strong global economic recovery would underpin China s exports through 2021, despite the likely retreat of pandemic-related demand later this year.
Apart from exports, the British think tank also said that we think import momentum should pick up in the coming months due to the ongoing domestic recovery.
International businesses eye China s resilient consumer market China Daily | Updated: 2021-05-07 08:57 Share CLOSE An exhibitor promotes products during a livestreaming session from the 14th China Shijiazhuang International Commodities Fair in Shijiazhuang, capital of North China s Hebei province, last week. [Photo/XINHUA]
China s effective containment of the COVID-19 pandemic and progress in vaccination have greatly boosted people s enthusiasm for domestic travel during the May Day holiday lasting from Saturday to Wednesday.
Viewing the travel rush as a clear signal of the country s economic recovery, especially a pick-up in consumers sentiment, international businesses are shifting to e-commerce to seek fortune in China s online market, given that the coronavirus has brought overseas travel to a standstill.
Int l businesses eyeing China s resilient consumer market
1 2021-05-05 18:07:06Xinhua
Editor : Feng Shuang
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China s effective containment of the COVID-19 pandemic and progress in vaccination have greatly boosted people s enthusiasm for domestic travel during the May Day holiday lasting from Saturday to Wednesday.
Viewing the travel rush as a clear signal of the country s economic recovery, especially a pick-up in consumers sentiment, international businesses are shifting to e-commerce to seek fortune in China s online market, given that the coronavirus has brought overseas travel to a standstill.
POST-PANDEMIC COMEBACK
Passenger trips on Chinese railways hit a new single-day high on the first day of the International Workers Day holiday, with nearly 18.83 million trips recorded, up by 9.2 percent from the 2019 level.
Economic Watch: Int l businesses eyeing China s resilient consumer market
Xinhua
05 May 2021, 19:18 GMT+10
BEIJING, May 5 (Xinhua) China s effective containment of the COVID-19 pandemic and progress in vaccination have greatly boosted people s enthusiasm for domestic travel during the May Day holiday lasting from Saturday to Wednesday. Viewing the travel rush as a clear signal of the country s economic recovery, especially a pick-up in consumers sentiment, international businesses are shifting to e-commerce to seek fortune in China s online market, given that the coronavirus has brought overseas travel to a standstill. POST-PANDEMIC COMEBACK Passenger trips on Chinese railways hit a new single-day high on the first day of the International Workers Day holiday, with nearly 18.83 million trips recorded, up by 9.2 percent from the 2019 level.
They were only two seemingly innocuous words: “investment alternatives.” But when applied to Bitcoin the seminal cryptocurrency by an official from the People’s Bank of China in a recent panel discussion, they reverberated like a firecracker.
“A remarkable step for BTC,” Lennix Lai, director of financial markets at OKEx, calls the statement. Michael Peshkam, executive in residence at European business school INSEAD, describes the central banker’s remarks as “a significant shift in the country’s position” on crypto.
To recap: On April 18 at a CNBC event at the Boao Forum for Asia, Li Bo, deputy governor of the PBoC China’s central bank said: “We regard Bitcoin and stablecoin as crypto assets. […] These are investment alternatives.” CNBC reporter Arjun Kharpal commented: