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BEIJING, July 16, Global Times - China's GDP grew by 7.9 percent in the second quarter of 2021, and expanded 12.7 percent in the first half of the year, according to data the National Bureau of Statistics released on Thursday. The data also shows the country's average two-year GDP growth was 5.3 percent. From the perspective of tendency, the average two-year growth of the year-on-year GDP growth for the first quarter was 5.0 percent, and 5.5 percent for the second quarter. On a quarter-on-quarter basis, GDP growth of the first quarter was 0.6 percent, and 1.3 percent for the second quarter. These figures reflect the steady growth of China's economy, and its prospects are promising.
BANDAR SERI BEGAWAN (Borneo Bulletin/ANN): Minister of Transport and Infocommunications Dato Seri Setia Awang Abdul Mutalib Mohd Yusof attended the Asia Tech x Summit (ATxSummit) via video conferencing on Tuesday (July 13).
TOKYO: Oil prices climbed on Tuesday, reversing most of the previous day's losses, as tight supply and expectations of a further draw in U.S. crude inventories provided support, although fears over the spreading COVID-19 variant capped gains.
BEIJING: China’s V-shaped economic rebound from the Covid-19 pandemic is slowing, sending a warning to the rest of world about how durable their own recoveries will prove to be
The China–Australia Free Trade Agreement (ChAFTA) took effect on 20th December 2015. It is an historic agreement that has delivered enormous benefits to Australia.
China-Australia relations: US coal continues to fill void left by ban on Australian exports, Canberra report says
Philippines and Colombia – coal exporters that do not traditionally ship to China – have also seen a windfall of orders in recent monthsAustralia’s coal, meanwhile, has been redirected to countries such as India, but coronavirus outbreaks could slow shipments
IT is a relatively busy week on the economic data front. The Statistics Department is expected to announce the May 2021 external trade statistics today. It will also released the producer price index of local production for May on Wednesday.
NEW YORK: Starting in early 2020, a very unlikely anomaly started appearing in global trade data: China said it was selling more goods to the U.S. than the U.S. reported buying from China.
SEOUL: South Korea’s exports are set to climb by double digits again in June as the global economy shakes off the effects of the pandemic, though a slower pace from recent months suggests the days of outsize gains may have passed.