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Before the Fujian outbreak started last week, there were signs China’s travel market was starting to bounce back after a bleak summerBut fresh lockdowns and bans on interprovincial tours have cast a cloud over the recovery and will not help already weak consumer spending
KUALA LUMPUR: The ringgit extended its losses against the US dollar at the opening on Friday, as emerging market currencies continued to be hit by the strengthening greenback following the strong economic data from the world’s largest economy.
NEW YORK: Global share markets edged lower globally on Thursday as concerns about investments in China and a mixed day on Wall Street outweighed positive economic data in the United States.
Stocks were mostly lower in Asia on Thursday after Japan and China released data that were weaker than expected.
Alibaba urges online shoppers, content creators to start ‘planting grass’, kicking off new marketing campaign ahead of Singles’ Day
Alibaba’s 40-day Zhongcao campaign will start on October 1 across Taobao’s different channels, including live-streaming platform Taobao LiveThis initiative shows how China’s e-commerce market is now enhanced with a mix of promotions, social media content and live-streaming sessions
BEIJING: China’s factory and retail sectors faltered in August with output and sales growth hitting one-year lows, as fresh coronavirus outbreaks and supply disruptions threatened the country’s impressive economic recovery.
Game sales continue to heat record highs, especially for console gamers, even as countries begin to reopen their economy.
BEIJING: China’s economy likely slowed further in August, with data on consumption, industrial output and investment due today to reveal the extent of the damage caused by an outbreak of the Delta variant.
IN the first half of 2021, Asean-5 countries, comprising Malaysia, Indonesia, Thailand, Vietnam and the Philippines experienced strong, export-driven growth.