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Posted on April 17, 2020

Global Stocks and U.S. Futures Strengthen Despite China GDP Plunge

Pacific region rose while S&P 500 stock futures traded higher, pointing to a strong session for U.S. shares on Friday.

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Posted on April 17, 2020

Global external demand shock has hit China’s economy ‘big time’: Former Australian PM Rudd

External demand shock is hitting China’s economic recovery “big time” even as its coronavirus situation eases, with the rest of the world suppressing Chinese imports amid local demand issues from the …

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Posted on April 17, 2020

China’s January-March property investment down 7.7% from a year earlier

Real estate investment in China fell 7.7% in the first three months of 2020 from a year earlier, official data showed on Friday. The property market, a key growth driver, was among many segments of …

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Posted on April 17, 2020

Coronavirus hits China’s economy harder than anything since 1970s

Consumer spending and factory activity hint that recovery will be longer, harder than many initially believed.

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Posted on April 17, 2020

China’s long-term growth will not be affected by COVID-19: stats bureau

China’s long-term growth potential will not be affected by the short-term impact of the pandemic, a spokesman for the National Bureau of Statisti …

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Posted on April 17, 2020

Asia shares up as plans to re-open U.S economy offset record slump in China GDP

2/4 SLIDES A medical worker (L) takes a swab sample from a man being tested for the COVID-19 novel coronavirus in Wuhan in China’s central Hubei province on April 16, 2020. – China has largely brought …

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Posted on April 17, 2020

China’s GDP to grow by 2% in 2020 amid virus crisis: TS Lombard

China’s GDP growth rate may only return to pre-coronavirus levels in the fourth quarter of 2020 at the earliest, says Bo Zhuang, TS Lombard’s chief China economist.

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Posted on April 17, 2020

China’s economic recovery is tied to how others fare in global recession, Australia’s ex-prime minister says

The synchronous nature of the global recession is affecting the external demands for Chinese goods big time, according to Kevin Rudd.

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Posted on April 17, 2020

China’s economy shrank last quarter for the first time in decades as the coronavirus took its toll

China’s economy has just experienced its worst three-month period in decades as the coronavirus pandemic forced much of the country to shut down for weeks on end.

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Posted on April 17, 2020

Hong Kong activists Joshua Wong and Agnes Chow mount legal challenge over warrants obtained by police to search phones and Facebook office

Court document names three magistrates who signed off on the warrants as defendants along with the commissioner of police Pair, who say privacy was violated, also argue that because of warrants’ vague …

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