Related News

Elon Musk claims, “SpaceX will build a system that allows anyone to travel to Moon” Elon Musk said that his company SpaceX plans to build a system that would allow

The Curiosity rover, along the lower slopes of Mount Sharp inside Gale Crater, has reportedly uncovered the largest organic molecules ever found on the Red Planet. Decane, undecane, and dodecane

Japan’s Prime Minister Sanae Takaichi, leader of the ruling Liberal Democratic Party (LDP), speaks during a press conference at the LDP headquarters in Tokyo, Japan, on February 9, 2026. Franck

Tesla electric vehicles outside the company’s manufacturing facility in Fremont, California, Feb. 24, 2025. Mike Kai Chen | Bloomberg | Getty Images Tesla Vice President Raj Jegannathan, a 13-year veteran

OpenAI’s free version of ChatGPT has a new look: Users who don’t pay to upgrade will now see ads when using the artificial intelligence platform. The company said on Monday

Databricks just raised $7 billion in equity and debt at a $134 billion valuation. If your eyes glazed over, I don’t blame you. This is the company’s umpteenth mega-round, and

Trending News

In today’s digital age, the opportunity to make money online without any initial investment is more accessible than ever before. Whether you’re a student looking to earn some pocket money,

In today’s digital world, make money online has become a dream many want to turn into reality. Whether you’re looking for a side hustle or aiming to build a full-time

JSW Cement, the building materials arm of Sajjan Jindal-led JSW Group, has reduced the size of its upcoming initial public offering (IPO) to Rs 3,600 crore and will open the

The agricultural Gross Value Added (GVA) growth is expected to moderate to 4.5% in the first quarter of FY26, down from 5.4% in the preceding quarter, according to a report

Foreign portfolio investors (FPIs) turned net sellers in the Indian equity market in July, pulling out Rs 17,741 crore amid rising global trade tensions. According to data from NSDL, this

Avenue Capital Group-backed Asset Reconstruction Company (India) Ltd (ARCIL) has filed its draft red herring prospectus (DRHP) with markets regulator Sebi on Friday to raise funds through an initial public

China’s factory output contracts for fifth month: PMI at 49.4 in August; trade talks with US drag on

Word Count: 563 | Estimated Reading Time: 3 minutes


China’s factory output contracts for fifth month: PMI at 49.4 in August; trade talks with US drag on

China’s industrial production showed a slight improvement in August but remained in contraction for the fifth consecutive month, as per official figures released on Sunday, while trade negotiations with the United States persist before a new November tariff implementation.The Purchasing Managers’ Index, a crucial industrial output indicator, reached 49.4, according to the National Bureau of Statistics (NBS), showing a marginal increase from July’s 49.3, as reported by AFP. Bloomberg analysts had predicted the index would reach 49.5. The most recent figure above 50, indicating positive growth, was recorded in March.NBS statistician Zhao Qinghe viewed the month-on-month improvement as indication that “overall economic prosperity continues to expand”. “The business climate has improved,” he said.The NBS had previously attributed July’s manufacturing difficulties to adverse weather conditions, including floods and high temperatures.China’s economic recovery post-pandemic has been challenging, facing issues including a property sector debt crisis, reduced consumption levels and high unemployment rates among young people.The ongoing trade dispute with the United States, currently paused pending negotiations, has affected China’s export-driven economy.Both nations have extended their suspension of most reciprocal tariffs until November 10 as discussions continue.On Friday, senior Chinese trade negotiator Li Chenggang emphasised the need for “equal dialogue and consultation” between both countries after completing a three-day US visit, according to China’s commerce ministry statement.





Source link

Most Popular Articles