The National Bureau of Statistics reported Monday that retail sales in China increased more than expected in October, despite sluggish fixed asset investment. Read more.
Tags : china
Chinese e-commerce giant JD.com has turned over 311.4 billion yuan ($48.6 billion) across its platforms as of 2:09 p.m. Beijing time, breaking its record set last year. Read more.
The price of crude oil plunged on the first trading session of the week as China released gasoline and diesel reserves, easing concerns over a tight supply, while investors cashed in ahead of the November 4 meeting of major crude producers that could raise production targets. Read more.
The Chinese economic transformation, which has seen the country emerge as a force to reckon with in the 21st century has attracted trade, economic and political partnerships with different countries across the world, including Malawi. Read more.
With the objective being to pluck Zambia out of its protracted debt crisis, the country’s newly appointed Finance Minister Situmbeko Musokotwane, last week on Friday made a pledge to conclude talks with the International Monetary Fund (IMF) on matters of lending programme by October. Read more.
Democratic Republic of Congo’s government is currently proceeding with the process of reviewing its $6 billion “infrastructure-for-minerals” deal with Chinese investors as part of a broader examination of mining contracts. Read more.