Topic: Chinese Economy
US trade gap narrows on falling imports, exports
AFP Global Edition
The US trade deficit narrowed unexpectedly in January as imports and exports declined and overall volume fell for the first time in five months, the government reported Thursday. The Commerce Department said the trade deficit shrank to a seasonally adjusted 37.3 billion dollars, down from 39.9 billion dollars ...
Ahead of the Bell: Trade deficit expected to widen
AP News
Trade deficit likely widened slightly in January reflecting higher foreign oil billThe U.S. trade deficit likely widened slightly in January reflecting a higher foreign oil bill and a drop in aircraft exports. Economists surveyed by Thomson Reuters expect the trade deficit increased to $41 billion, a 2 percent increase ...
New data show weaker recovery in Japan
AFP Global Edition
Japan's economy is recovering more slowly than previously thought from its worst recession on record, hobbled by stubborn deflation and weak domestic demand, government data showed Thursday. The world's number two economy expanded at a pace of 0.9 percent in October-December from the previous quarter, revised down ...
Yuan policy shift depends on recovery: China
AFP Asian Edition
A top official at China's central bank said Monday uncertainties remained about when Beijing would allow the yuan to appreciate, and it would depend on domestic and global economic conditions. At the weekend, central bank governor Zhou Xiaochuan hinted the policy of effectively pegging the yuan to the US ...
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