RTR: Germany arrests three people suspected of giving technology to China
REUTERS reports: Three Germans have been arrested on suspicion of working with the Chinese secret service ...
MARKETWATCH reports:
China’s economy in the second quarter expanded 3.2% from a year earlier, rebounding from a historic coronavirus-induced contraction in the first three months of the year, as Beijing managed to largely bring the virus under control and restore economic activity.
Following the historic 6.8% on-year economic contraction in the first quarter, China is now the first of the major world economies to post positive growth after the Covid-19 pandemic began to ravage the global economy earlier this year.
The result beat a median forecast of a 2.6% increase expected by economists polled by The Wall Street Journal.
To read the full post, please click here.
You may also want to read this: “China GDP beats estimates, but June activity data shows recovery still uneven” (sub required).
And this: “US stock futures dip after Wall Street ends day with modest gains“.
The rise and rise of China's ecommerce platforms
DSV chief reticent on Schenker: the focus on growing market share
Legal battle heats up over 'unseaworthy' and 'reckless' MV Dali
Increasing scrutiny could stall rise of ecommerce platforms, as TikTok faces US ban
MSC redeploys 'Israel-linked' box ships away from Persian Gulf
Boxes piling into Mexican ports – but then piling up
Liners add capacity to Asia-ECSA as ocean rates hit 18-month high
K+N looks past Q1 revenue drop to improved margins from restructure
Comment on this article