China’s manufacturing PMI contracted in December

02 Jan 2019 Economist expected the weakening condition in the manufacturing sector to persist into 2019 as trade war bites.

24 Dec 2018

China to down-adjust import duties for petchem products: Part I

The Chinese government decided to down-adjust import duties for a number of products, including petrochemical products with effective starting 1 January 2019.

20 Dec 2018

USA Federal Reserve raises the key interest rate for the fourth time this year

The Fed expected the US economy to slow down next year on the back of the uncertain global market.

18 Dec 2018

Chinese government suspends the publication of provincial economic data

Guangdong is a major manufacturing and export hub in China, which has been publishing its own monthly PMI data since November 2011.

14 Dec 2018

Weaker local demand bite into China’s retail sales and industrial output growth

The Chinese government has released data for November retail sales and industrial output growth, and both saw reductions from October.

12 Dec 2018

Extreme weather mildly affects North-South delivery in China

Some areas in Northern China are experiencing drastic drop in temperature causing heavy snow and hamper the smooth transportation of raw material in and out of the region.