20191128 China News

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Nov.28

EAcham

China News


1

Chinese stocks closed lower on Wednesday, with the benchmark Shanghai Composite Index down 0.13 percent, at 2,903.19 points.


2

Prices of farm produce in China fell from last week with slips in the wholesale prices of pork and eggs, data from the Ministry of Commerce showed Tuesday.

 

3

China and Belgium are important gateways for each other in terms of economic cooperation as the European Union and China seek to work together to play a more active role in promoting multilateral trade and an open economy worldwide.


4

Some five years after Alibaba Group first went public in New York, shares of the Chinese internet giant made a solid debut in Hong Kong on Tuesday marking the largest initial public offer on that market so far this year.


5

Investors in SoftBank's Vision Fund have criticized the Japanese conglomerate for its decision to bail out WeWork after the startup's failed IPO, The Wall Street Journal reported.


6

China's economy still enjoys strong resilience despite increasing downward pressure, according to the country's central bank.


7

Singapore's Economic Development Board announced on Tuesday that the country's manufacturing output grew 4 percent year-on-year in October, compared to a revised 0.7-percent increase this September. Excluding biomedical manufacturing, the output grew 0.2 percent year-on-year in October, compared to a revised 3.8-percent decrease in the previous month. 


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Author: Producer Emilio Mendez

Speaker: Caroline Parraguez

Edition: EAcham

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