China
Exports amounted to $2.93 trillion, up 5.1 percent YoY, and imports totaled $2.14 trillionÂ
Central bank buying slowed in but demand remained robust at 186 tons
Equity investment funds, valued at 10.89 trillion yuan, were the largest category
Banks' reserve requirement ratio could decline by another 25 to 50 basis points by the end of the year
This turbine has a 260-meter diameter wind wheel and a sweeping area of 53,100 square meters
Financial liabilities exceeded $6.8 trillion at the same date, resulting in net external assets of nearly $2.99 trillionÂ
The U.S. came in second with 133 deals of $23.1 billion while China ranked third with 69 transactions worth $5.3 billion
The Bank of Japan ended negative interest rates in March and hiked short-term rates to 0.25 percent in July
The industrial output, a key economic indicator, increased by 4.5 percent YoY in August
The high-tech manufacturing sector accounted for 12.4 percent of the total FDI, amounting to 72.1 billion yuan
August's increase in the country’s reserves was due to currency translation and asset price changes
China will provide Africa with RMB360 billion of financial support in the next three years, including RMB 210 billion in credit lines
For services, the value of exports was 228.8 billion yuan, while imports reached 367.1 billion yuan
Imports rose by 6 percent year-on-year to $54 billion, resulting in a trade surplus of $3.83 billion
The country's wind and solar exports cut global CO2 emissions by about 810 million tons in 2023
Between 2000 to 2023, Chinese lenders provided 1,306 loans amounting to $182.28 billion to 49 African governments and 7 regional borrowers
This figure represents 97 percent of the tourist levels recorded in July 2019, prior to the COVID-19 pandemic
The country’s major firms reported 4.1 percent profit increase in July alone
Fiscal revenue declined 2.6 percent during this period
$36.3 billion in cloud and big data revenue drives the industry
Despite the surge in cargo volume, sea freight rates have been declining across all routes since the end of July
China remains Africa’s top trade partner with bilateral exchange reaching $166.6 billion in Jan-July
This represents a 5.5 percent year-on-year increase in trade volume
Industrial profits rose 3.5 percent in the first six months of the year
