Economy
China Reports Surge in Housing Prices, Shakes off Slump
Rina S. | | Apr 19, 2016 03:20 PM EDT |
Amidst China's economic slump, the country has released encouraging numbers for the housing sector as home prices rose during last month.
Shanghai Disneyland Recruiting 10,000 Workers to Make the Magic Happen
Charissa Echavez | | Apr 19, 2016 08:01 AM EDT |
Shanghai Disneyland is recruiting 10,000 new talents from the fields of hospitality, food and beverage, and merchandise to run the new theme park equipped with a number attractions, musical plays and all sorts of retail outlets.
Cultural Goods Continue to Fuel China’s Economy; Country Remains Top Exporter of Said Products
Jenia Cane | | Apr 18, 2016 11:55 AM EDT |
Cultural goods from China have continued to boost its economy as the country has been touted as the top exporter of such products.
China to Enhance Workers' Welfare, to Rehabilitate 1.8 Million Workers
Rina S. | | Apr 17, 2016 03:37 PM EDT |
China is looking to rehabilitate millions of worker potentially to be laid off from steel and coal industries. Following global trends, Chinese steel and coal sector are likely to perform lukewarm. The country has drafted new policies to provide counseling including career guidance to the workers. These sectors are expected to shed off 1.8 million workers.
China Presents Buoyant Trade Data, Gives Boost to Dollar and Markets
Rina S. | | Apr 13, 2016 04:30 PM EDT |
The world's second largest economy China presented a surprisingly optimistic trade data for the month of March, putting market concerns to a rest. The country showed an11.5 percent increase in its export, while its imports were down by 7.6 percent on dollar basis. The results were even better in CNY terms, where exports showed 18.7 percent increase and imports went down by 1.7 percent.
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