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The Latest Breaking News from the National Bureau of Statistics

Stocks Set to Open Higher Amid Calmer Sentiment, Fed Meeting and U.S. Economic Data in Focus

June S&P 500 E-Mini futures (ESM25) are up +0.40%, and June Nasdaq 100 E-Mini futures (NQM25) are up +0.45% this morning, signaling a partial rebound from Friday’s sell-off on Wall Street as investors dialed back some risk-off positioning sparked by the hostilities between Israel and Iran.

Barchart

China says economy beat expectations to grow 5.4% ahead of Trump tariff war

Beijing expects Trump tariffs to put ‘certain pressures’ on its trade and economy

The Independent UK

Nigeria reduces inflation rate, but the cost of living remains high – here’s why

Nigeria recently rebased its consumer price index (CPI) from 2009 to 2024, leading to a significant drop in the reported inflation rate from 34.80% to 24.48%.

The Conversation

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China’s economic recovery dragged down by property slump and weak consumption in July

A continued property crisis and weak consumption dragged on China’s economic recovery in July, according to data released by the National Bureau of Statistics

The Independent UK

China posts a surprise factory slowdown

The fall in factory activity came even as China's exports rose in April, suggesting that May's drop could be due to weaker domestic demand.

Fortune

China is expected to announce new measures to fix its property crisis, spur growth

China is expected to announce fresh measures to reinvigorate its ailing property industry after the latest data showed housing prices slumped in April

The Independent UK

Middle East oil shock would lead to higher interest rates, warns IMF; FTSE 100’s worst day in nine months – as it happened

IMF scenario shows how a 15% jump in oil prices would push up global inflation by 0.7 percentage points

The Guardian - UK

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China's Economy Hit By Worst Consumer Prices For The First Time In 14 Years

According to official data published by the National Bureau of Statistics, China's consumer price index fell by 0.8 per cent in January 2024, compared to that of January 2023.

International Business Times UK

3 Top Rated China Stocks Catching Investors' Attention

Despite facing numerous challenges and obstacles, the Chinese economy has demonstrated remarkable resilience, consistently achieving robust growth in recent years. Therefore, three top-notch Chinese stocks, Baidu, Inc. (BIDU), Alibaba Group (BABA), and NetEase, Inc. (NTES), which are gaining traction among investors, could be ideal buys. Read more….

StockNews.com

3 High-Value China Stocks to Get Your Hands on Today

Given the robust performance in the fiscal first half, China's economic prospects appear increasingly luminous. Furthermore, the nation is launching numerous initiatives to fortify its economic landscape. Hence, it could be wise to invest in robust China stocks Ping An Insurance (PNGAY), NetEase (NTES), and Vipshop Holdings (VIPS), trading at…

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