Global financial data provider Refinitiv said on Tuesday that its proposed $27 billion merger with the London Stock Exchange will create more opportunities for foreign investors to access the huge market in China, a top company official said. “We are certain that Asia and China will be the major growth areas for the company after […]
business
China’s job market improves in June as economy recovers
China’s surveyed unemployment rate in urban areas stood at 5.7 percent in June, 0.2 percentage points lower than that of May, data from the National Bureau of Statistics (NBS) showed Thursday. Liu Aihua, a spokesperson for the NBS, noted that positive changes have taken place in the job market in the first half of the […]
Strong recovery signs in China’s passenger vehicle market
Retail sales of passenger vehicles in China hit 1.65 million units in June, up 2.9 percent from May and recorded four months of consecutive growth, according to an analysis by the China Passenger Car Association (CPCA) released Wednesday. Although sales of passenger vehicles still dropped 6.2 percent from the previous year. Month-on-month posted a strong […]