Articles for tag: Booming, Chinas, Economic, Factories, Imbalanced, Recovery, Retail, Sales, Struggling

May 17, 2024

China’s Factories Booming but Retail Sales Struggling: Economic Recovery Imbalanced

China’s economic recovery is showing uneven progress, with factory output surging while retail sales continue to lag behind. The latest data reveals a divergence in the country’s economic recovery, as manufacturing activity picks up but consumer spending remains subdued. This trend highlights the challenges facing China’s economy in the wake of the COVID-19 pandemic. Click ...

May 12, 2024

Market News

Business

China’s Electric Vehicle Industry Expands Globally Despite Western Trade Barriers

China’s booming electric vehicle (EV) sector is venturing into offshore markets, undeterred by increasing protectionist measures in the West. Despite challenges posed by global trade tensions, Chinese EV companies are seizing opportunities to expand their presence globally. As they navigate through changing trade dynamics, Chinese EV manufacturers are forging ahead with innovation and technology advancements ...