#chinaa

#Chinese manufacturing expansion slowed in October after two consecutive months of acceleration

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Chinese manufacturing expansion slowed in October after two consecutive months of acceleration, official data showed on Tuesday, as weak demand weighed on the world’s second-largest economy.

The manufacturing purchasing managers’ index (PMI), a gauge of factory conditions, stood at 51.6 in October, the National Bureau of Statistics (NBS) said, compared to 52.4 in September, which…

#China asked @GM, @MercedesBenz and @Volkswagen to recall vehicles affected by faulty #Takata #airbags @VW

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China’s top quality watchdog has asked General Motors, Daimler’s Mercedes-Benz and Volkswagen to fulfill their obligations to recall vehicles in China affected by faulty Takata airbags, it said in a statement.

The three foreign carmakers have to date only proposed recalling a small number of vehicles for testing and analysis instead of providing recall plans, said the General…

Prices for goods at the factory gate in #China missed expectations in May #Inflation

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Prices for goods at the factory gate in China missed expectations in May, the government said on Friday, in a possible sign of weakening demand for the world’s second-largest economy.

The producer price index (PPI) rose 5.5 percent year-on-year, according to the National Bureau of Statistics (NBS), slightly lower than economists’ expectation of a 5.6 percent increase in a Bloomberg…

@Hyundai Motor suspended production at one of its #China factories for a week

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South Korea’s Hyundai Motor on Monday said it had suspended production at one of its Chinese factories for a week, fuelling concern that a diplomatic standoff may be hurting sales in the automaker’s top market.

South Korean companies, from cosmetics firms to retailers, say they are being targeted in China because of Beijing’s objections to a planned deployment of the U.S. Terminal…

#China @ztepress names #YinYimin as its new chairman

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Chinese telecom equipment maker ZTE Corp, which last week agreed to plead guilty and pay nearly $900 million for breaching U.S. sanctions, on Tuesday named Yin Yimin as its new chairman with immediate effect.

In a filing to the Shenzhen stock exchange after the market close, ZTE said outgoing chairman Zhao Xianming had resigned from the post “in order to improve the company’s…

More severe form of #birdflu reported in #China, @WHO says

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China is working to assess the prevalence of a new strain of H7N9 bird flu, state radio reported on Wednesday, after global health authorities said the strain had evolved into a more severe form in birds.

So far the variant strain has only been detected in Guangdong province, but given the wide circulation of livestock and poultry in the country, it would be difficult to prevent its…