by Shawn Jiang | Oct 7, 2024 | China, Explore, Glopen, In-depth, Newsletter
China’s Retail Landscape: August 2024 Insights and Trends In August 2024, China’s retail sales of consumer goods reached CNY 38,726 billion, marking a y-o-y growth of 2.1%. For the first eight months of the year, the total retail sales amounted to CNY...
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 | Automotive, Business, China, In-depth, Newsletter
China’s Real Estate Market Sees Decline in First Seven Months of 2024 The National Bureau of Statistics of China has released the key figures for the real estate market in the first seven months of 2024. The data shows a significant decline across various...
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%...
