Latest Chinese New Year News
China's manufacturing activity expands in March after a 5-month lull
BEIJING (AP) — Manufacturing in China expanded in March after contracting for five consecutive months, according to an official survey of factory managers released Sunday, suggesting a rebound in industrial activities following the Lunar New Year holiday. The official purchasing...
China's manufacturing activity contracts for 5th straight month despite policy support
HONG KONG (AP) — Manufacturing in China contracted for a fifth consecutive month in February, according to an official survey of factory managers released Friday, reflecting persistent weakness in the economy ahead of annual legislative meetings where officials are expected to boost policy...
Dragons and dancers parade through Manhattan's Chinatown for Lunar New Year
NEW YORK (AP) — Dragons took a starring role at the Lunar New Year parade in Manhattan’s historic Chinatown on Sunday — it’s the Year of the Dragon, after all — as hundreds of revelers filled the cold clear air with the sound of drums, cymbals and puffs of confetti. Lions...
China cuts key interest rate in latest move to boost its ailing property sector
BANGKOK (AP) — China’s central bank announced Tuesday that it cut its 5-year loan prime rate while leaving its 1-year rate unchanged in the latest move to ease pressures on the ailing property market. The 5-year rate was lowered by 0.25 basis points to 3.95% while the 1-year rate...
Stock market today: Asian shares trade mixed after Wall Street was closed for a holiday
TOKYO (AP) — Asian shares were trading mixed Tuesday a day after Chinese markets reopened from a long Lunar New Year holiday. Wall Street trading was closed Monday in the United States for President's Day. Investors were generally turning less optimistic because of expectations...
