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Economists' survey: 34% expect a US recession in 2021

According to a report by the National Association for Business Economics, only 2% of those polled expect a recession to begin 2019, while 38% predict in 2020.

August 19, 2019

Headquarters of the People's Bank of China (PBOC), the central bank, is pictured in Beijing, Sept 28, 2018.jpeg

PBOC interest rate reform will spur small businesses

Borrowing costs will get lower for companies in China through a key interest rate reform brought out by the People's Bank of China, the central bank.

August 19, 2019

CAAM: More action needed to boost car sales

Total vehicle sales in the first seven months of this year totaled 14.13 million, down 11.4% year-on-year.

August 19, 2019

Sales of new energy vehicles surpass 1m globally

The global sales volume of new energy vehicles reached 1.12 million in the first half of 2019, up 47.4% year-on-year, according to EVSales.

August 19, 2019

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