BEIJING (Reuters) – Profits at China’s industrial firms rose for a second straight month and at the fastest pace in over a year, adding to signs the country’s economic recovery from the coronavirus crisis is gaining momentum. The statistics bureau said on Mond... More »
BERLIN (Reuters) – Orders for German industrial goods rose by 10.4% in May, rebounding from their biggest drop since records began in 1991 the previous month, data showed on Monday, as demand picked up after lockdown measures to fight the coronavirus were lift... More »
BEIJING (Reuters) – China’s industrial output is expected to grow around 5.6% in 2019, the Ministry of Industry and Information Technology said on Monday. Industrial production rose 6.2% year-on-year in November, quickening from 4.7% in October. It was also th... More »
BEIJING (Reuters) – Profits for China’s industrial firms shrank in April as slowing manufacturing activity halted the previous month’s surge, putting more pressure on policymakers to step up support for an economy hit by a bitter trade war with the United Stat... More »
BEIJING (Reuters) – Earnings at China’s industrial firms shrank for a second straight month in December, putting pressure on policymakers to support industries hurt by slowing prices and weak factory activity amid a protracted U.S.-Sino trade war. The downbeat... More »
FILE PHOTO: A worker stands outside a factory of Contemporary Amperex Technology Ltd (CATL) in Ningde, Zhejiang province, China, December 16, 2016. REUTERS/Jake Spring/File Photo BEIJING (Reuters) – Profits for China’s industrial firms rose at the slowest pace... More »
FILE PHOTO: Chinese national flags are flying near a steel factory in Wu’an, Hebei province, China, February 23, 2017. REUTERS/Thomas Peter/File Photo Beijing (Reuters) – China’s industrial firms weathered a broad government crackdown on financial risks as pro... More »
Power grids maker ABB is buying General Electric's Industrial Solutions business for $2.6 billion on a bet that it can improve lackluster margins at the unit over the next five years, the Swiss engineering company said on Monday. More »
FILE PHOTO: A worker packs pipelines onto a truck at a local plastic pipe factory in Donghegang village on the outskirts of Xiongxian county, one part of the new special economic zone Xiong’an New Area, Hebei province, China, April 6, 2017. REUTERS/Jason Lee/F... More »
