by Shawn Jiang | Oct 7, 2024 | China, Explore, Glopen, In-depth, Newsletter
CPI (Consumer Price Index) for August 2024 In August 2024, China’s consumer price index (CPI) rose 0.6% y-on-y. Among them, urban areas rose 0.6% and rural areas rose 0.8%. Food prices rose 2.8% and non-food prices rose 0.2%. Consumer goods prices rose 0.7% and...
by Shawn Jiang | Oct 7, 2024 | China, Glopen, In-depth, Newsletter
China’s Purchasing Managers’ Index (PMI) for August 2024 Manufacturing PMI Overview In August, China’s Manufacturing PMI stood at 49.1%, a decrease of 0.3 percentage points compared to the previous month, indicating a slight decline in manufacturing...
by Shawn Jiang | Oct 7, 2024 | China, Glopen, In-depth, Newsletter
Price Trends in China’s Production Materials – Mid August 2024 The latest report from the National Bureau of Statistics of China provides a comprehensive overview of the price fluctuations in significant production materials across the country as of mid-August...
by Shawn Jiang | Aug 25, 2024 | China, Glopen, Newsletter
Chinese Yuan Appreciates Against the US Dollar Since July 2024 The Chinese yuan has strengthened against the US dollar since July 2024, with the USDCNY exchange rate decreasing from around 7.25 in early July to 7.17 as of August 9, 2024. This represents a 0.53%...
by Shawn Jiang | Aug 12, 2024 | Automotive, Business, Glopen, In-depth, Newsletter
Overview of China’s Purchasing Managers’ Index (PMI) for July 2024 According to the data released by National Bureau of Statistics, in July, the Manufacturing Purchasing Managers’ Index (PMI) was 49.4%, a decrease of 0.1 percentage points from the...
by Shawn Jiang | Jul 25, 2024 | Automotive, Business, China, Glopen, In-depth, Newsletter, Services, Travel
China Aims to Accelerate New Development Model Construction of Real Estate The Chinese government has proposed to accelerate the establishment of a housing system that combines renting and purchasing, and to speed up the construction of a new model for real estate...