Economic Watch: China's recovery consolidates, with consumption, investment on the mend
China's economy continued its robust recovery in July, with key indicators continuing to warm up, and the revival is expected to extend throughout the rest of the year amid efforts to buoy domestic demand.
Macro
China's inflation rises in July, propelled by food prices
China's consumer inflation accelerated for the second straight month in July on the back of higher food prices, official data showed Monday.
Financials
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China's fixed-asset investment decline narrows
China's fixed-asset investment (FAI) went down 1.6 percent year on year during the January-July period, narrowing from the 3.1-percent decline in the first half of the year, official data showed Friday.
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Interview: Chinese industrial economy's fundamentals remain sound despite COVID-19
The sound fundamentals backing China's industrial economy has remained intact despite the impact of COVID-19, but efforts must be made to combat challenges and make up for the losses, a senior industrial official has said.
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Companies
China Unicom sees rising revenue, profits in H1
China Unicom, one of the country's largest telecom operators, reported higher revenue and profits in the first half of the year.
China Mobile reports mild revenue growth in H1
China Mobile, the country's leading telecom operator, reported slightly higher operating revenue in the first half of this year.
Trip.com, JD.com ink agreement to expand cooperation in tourism, e-commerce
Trip.com Group, China's largest online travel agency, inked a strategic cooperation agreement on Sunday with JD.com, China's e-commerce giant, to expand cooperation in tourism and e-commerce.