News from China Economy
Stay current with all the latest and breaking news about China Economy, compare headlines and perspectives between news sources on stories happening today. In total, 1,154 stories have been published about China Economy which Ground News has aggregated in the past 3 months.
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Trade · ChinaThe free trade agreement (FTA) between China and Ecuador will be effective from May 1, China's Ministry of Commerce (MOFCOM) said on Monday, aiming to further unleash the potential of trade and investment cooperation between the two countries.See the Story
China-Ecuador free trade agreement effective from May 1: MOFCOM
Minimum Wage · ShenzhenTomorrow (January 1st) will be the 51st Labour Day, according to the news that the minimum wage will be replaced by a "one-year review" and introduced a "no reduction" mechanism, with the minimum wage expected to rise from the current 40 yuan to 41.8 yuan. The Chief Executive, Mr. Li Jiao, said at a press conference earlier this morning (January 30th) that the minimum wage committee had submitted a report and that it would be released to the pub…See the Story
Minimum wage - Li Jiao: The Committee on Minimum Wage has submitted a report and will publish it immediately upon decision
Economy · BeijingBEIJING (Reuters) – China’s manufacturing activity expanded at the fastest pace in 14 months in April, driven by a solid uptick in new export orders, a private survey showed on Tuesday, an encouraging sign for an economy still struggling to mount a robust recovery. The Caixin/S&P Global manufacturing PMI rose to 51.4 in April from a 51.1 the previous month, marking the fastest pace since February 2023 and above analysts’ forecasts of 51.0. T…See the Story
China’s factory activity expands at fastest clip in 14 months, Caixin PMI shows
Coverage: 2 sources
Stock Markets · ChinaTesla's FSD milestone in China sparks discussions among investors and enthusiasts, leading to a 10% premarket spike in stock price. Seen as a strategic win, but impact on global EV market and stock remains uncertain.See the Story
Tesla's FSD Nod Win Seen As Move To 'Smooth Over Chinese EV's Entry Into The US Market' Says Redditor - Tesla (NASDAQ:TSLA)
100% Center coverage: 1 sources
Economy · ChinaChina's economic services have the power that cannot be exercised by the Communist Party, and the Communist Party's economy cannot be a free market. The European Commission has found, through its various levels of government, that China has played an important role in directing and subsidizing production, controlling certain sectors and enterprises. For example, the country owns four traditional Chinese car manufacturers and newer electric car c…See the Story
The European Union recognizes China as a state-owned economy.
Elon Musk · BeijingShares of Tesla stock have rallied after the electric vehicle maker's CEO, Elon Musk, paid a surprise visit to Beijing over the weekend and reportedly won tentative approval for its driving softwareSee the Story
Tesla's stock leaps on reports of Chinese approval for the company's driving software
100% Left coverage: 1 sources