Gabriel Crossley

RPT-UPDATE 2-China May factory activity growth cools as weak demand curbs output -- official PMI

01 Jun 2020

* May manufacturing PMI at 50.6 vs April 50.8 (Reuters poll 51.0)

China's May factory activity cools as weak demand curbs output

31 May 2020

BEIJING China's factory activity grew at a slower pace in May but momentum in the services and construction sectors quickened, pointing to an uneven recovery in the world's second-largest economy as businesses emerge from coronavirus-led shutdowns.

Rural migrants suffer most amid China's unemployment misery

25 May 2020

BEIJING Migrant workers Zhang Jianpeng and his wife returned to Beijing in late April, after nearly three months in lockdown at their home village in northern Shanxi province waiting for China's COVID-19 epidemic to subside.

China set to implement its first civil code, as private investment slows

21 May 2020

China's parliament is poised to enact its first civil code, a wide-ranging legislative package that includes strengthening protection of property rights in a Communist Party-ruled country whose embrace of private ownership has long been awkward.

As China reopens, factories fire up but jobs gloom keeps consumers at home

15 May 2020

BEIJING China's factory output rose for the first time this year as the world's second-largest economy slowly emerged from its coronavirus lockdown, although consumption remained depressed amid increased job losses. | Video

China to keep coronavirus tests focused, stops short of wider testing

27 Apr 2020

BEIJING China will focus testing for COVID-19 on high-risk groups such as people from infected areas or with symptoms, the head of a top state research institute said on Monday, suggesting that authorities are not about to rush into large-scale testing.

Empty kitchens, closed stores: Small China firms struggle to cope with epidemic fallout

23 Apr 2020

BEIJING Ma Xinli has shut four of his clothing stores and expects to close another three by mid-June. Unsold winter stock is now hard to sell, there's no money to buy summer clothing, and rent and staff salaries still need paying.

Hobbled by coronavirus, China's first-quarter GDP shrinks for first time on record

17 Apr 2020

BEIJING China's economy contracted for the first time on record in the first quarter as the coronavirus shut down factories and shopping malls and put millions out of work. | Video

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