Description
Added on the 13/10/2016 13:17:42 - Copyright : Reuters EN
The EU trade commissioner Valdis Dombrovskis warned Tuesday that Chinese regulations governing the transfer of data out of the country, including a revised anti-espionage law, could have "unintended consequences". "This may be an issue of systemic concern and it may affect all internationally active companies, not only European companies but also Chinese companies," he said. SOUNDBITE
New data from China shows an unexpected rise in producer prices and a pickup in consumer prices. As David Pollard reports, it's welcome news for the government as it struggles with a growing mountain of corporate debt.
Stocks closed in the red on Tuesday after a choppy session. Lower oil prices pressured energy shares, and weak Chinese trade data reignited fears of a global economic slowdown. Bobbi Rebell reports.
Dollar-denominated exports from China fell less than expected in September but imports plummeted, reinforcing views that the Chinese economy may need more stimulus if it dips below 7% growth in Q3. Meg Teckman reports.
Chinese trade figures unexpectedly beat forecasts in June but analysts believe the economy is still on its slow trajectory and may hit lower than 7 percent growth in the second quarter of the year. Meg Teckman reports.