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China Daily

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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

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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