China’s services business is growing despite weak sales and limited employment

China's services business is growing despite weak sales and limited employment

China’s services business grew at a slightly faster pace on Friday, a private sector survey showed, with sales growing at the slowest pace in 10 months and employment stagnating as business confidence declined. The vast services sector, which accounts for about 48 percent of China’s jobs, rebounded strongly earlier this year, but analysts say slow …

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China’s new bonds are aimed at helping economic recovery, an official says, as its budget deficit widens

China's new bonds are aimed at helping economic recovery, an official says, as its budget deficit widens

In an illustration taken on February 10, 2020, Chinese yuan banknotes can be seen behind a highlighted stock market graph. REUTERS/Dado Ruvic/Ilustracja Acquisition of licensing rights BEIJING, Oct 25 (Reuters) – China’s new government bonds will help shore up the economic recovery, China’s Vice Finance Minister Zhu Zhongming said on Wednesday, as the government’s stepped-up …

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Mexico is China’s back door to the US electric vehicle market | Carscoopy

Mexico is China's back door to the US electric vehicle market |  Carscoopy

Imported Chinese brands are already big in Mexico, but producing cars there would allow duty-free access to the United States and Canada comments comments 4 hours ago We keep hearing about how Chinese car companies are ready to take over the world, but while the Chinese car industry is already starting to make its presence …

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Spirits heritage: China’s 1,300-year-old Yanghe Distillery eyes wider international markets with portfolio of smooth baijiu

Spirits heritage: China's 1,300-year-old Yanghe Distillery eyes wider international markets with portfolio of smooth baijiu

Yanghe Distillery owns the Yanghe and Shuanggou baijiu brands, which have over 1,300 years of history dating back to the Ming Dynasty. It has an established position in the country as one of the largest local baijiu companies. Baijiu as a category of spirits is known for its high alcohol by volume (ABV) and often …

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