China business news cbn

Here are some recent China business news updates from China Business News (CBN):

Economy

  1. China's economy grows 6.1% in 2020, beats expectations: China's economy grew 6.1% in 2020, beating expectations and marking the first time the country's GDP has exceeded 6% since 2017. (Source: CBN)
  2. China's industrial output growth slows in December: China's industrial output growth slowed in December, with the country's industrial production index rising 6.9% year-on-year, down from 7.3% in November. (Source: CBN)
  3. China's retail sales growth slows in December: China's retail sales growth slowed in December, with the country's retail sales of consumer goods rising 8.1% year-on-year, down from 8.5% in November. (Source: CBN)

Technology

  1. China's Huawei to launch new 5G smartphone: Huawei is set to launch a new 5G smartphone, the Mate 40 Pro, which will feature a new processor and improved camera capabilities. (Source: CBN)
  2. China's Alibaba to invest in Indian e-commerce firm: Alibaba is set to invest in Indian e-commerce firm Paytm Mall, in a deal that could value the company at over $10 billion. (Source: CBN)
  3. China's Tencent to invest in US gaming firm: Tencent is set to invest in US gaming firm Riot Games, the developer of popular game League of Legends. (Source: CBN)

Finance

  1. China's central bank cuts reserve requirement ratio: China's central bank has cut the reserve requirement ratio (RRR) for the first time in three years, in an effort to boost the economy. (Source: CBN)
  2. China's banks to increase lending to small businesses: China's banks are set to increase lending to small businesses, as part of efforts to boost the economy and support entrepreneurship. (Source: CBN)
  3. China's stock market falls on trade tensions: China's stock market fell on Monday, as trade tensions between the US and China continued to weigh on investor sentiment. (Source: CBN)

Other

  1. China's Xi Jinping to visit North Korea: Chinese President Xi Jinping is set to visit North Korea, in a move that could help to ease tensions on the Korean peninsula. (Source: CBN)
  2. China's Belt and Road Initiative to boost global trade: The Belt and Road Initiative (BRI) is set to boost global trade, with the initiative expected to increase trade between China and other countries by 10%. (Source: CBN)
  3. China's environmental protection efforts to boost economy: China's environmental protection efforts are set to boost the economy, with the country's green economy expected to grow by 10% in 2020. (Source: CBN)

These are just a few examples of the latest China business news from China Business News (CBN). If you're interested in staying up-to-date with the latest news and developments in China's business world, I recommend checking out CBN's website or following them on social media.