Business
China's inflation is likely to remain mild this year and may not represent a major constraint on the country's monetary policy despite consumer inflation edging higher last month, economists said on Thursday.
China's central bank is reportedly partnering with several internet companies including Didi Chuxing, the ride-hailing major, to test the use of its digital currency, as the nation pioneers the world in its efforts to experiment with virtual currency.
The bulls are in full flow on the Chinese bourses, the bears are in hibernation and there are smiles all-around. Sentiment is on a high, but it is important for investors to have a calm, rational approach to gain long-term profits.
STOCK INDICES
Shanghai Composite 2789.25 3.40% 16/03
Shenzhen Composite 10253.28 5.34% 16/03
Hang Seng 23063.57 4.03% 16/03
Nikkei Average 17002.04 2.46% 16/03
Dow Jones 20188.52 12.93% 16/03
Nasdaq 6,904.59 12.32% 16/03

 

China is eyeing "new infrastructure" projects to offset the economic impact of the novel coronavirus disease (COVID-19) and boost sustainable growth.
Online orders for non-epidemic prevention products have been on the rise in China as novel coronavirus epidemic levels off.
The coronavirus outbreak is unlikely to shatter China's role in the international supply chain in an increasingly interconnected world economy as the country continues to make headway in containing the virus.
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