China sees silver lining to "quarantine economy"

China sees silver lining to "quarantine economy"

As the spread of the coronavirus pandemic is far from being contained globally, sustaining normal life while businesses are under lockdown has become a challenge for many.

Macro

Retreating food costs ease China's consumer inflation, factory prices slip

Retreating food costs ease China's consumer inflation, factory prices slip

Retreating food costs in China eased consumer inflation in March, while factory prices fell deeper over depressed demand due to the novel coronavirus outbreak.

Financials

Companies

China's e-commerce giant Alibaba announces relief initiative for SMEs

China's e-commerce giant Alibaba announces relief initiative for SMEs

China's Zhejiang Province and country's e-commerce giant Alibaba Group jointly launched an initiative Tuesday to boost the digital development of small and medium-sized enterprises.

Chinese dairy giant Yili to build new base in central China

Chinese dairy giant Yili to build new base in central China

Yili, a major dairy producer based in north China's Inner Mongolia Autonomous Region, has announced that it will build a large-scale base in the city of Zhumadian, central China's Henan Province.

SAIC Motor reports dropping auto sales in Q1

SAIC Motor reports dropping auto sales in Q1

Shanghai-based Chinese automaker SAIC Motor Corporation Limited reported plunging sales in the first quarter of this year.

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