China consumer prices rise 0.8% year over year in August
The CPI increased 0.4% month over month; food prices remained lower than a year earlier.
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The CPI increased 0.4% month over month; food prices remained lower than a year earlier.
Infrastructure investment was down 4.0%, and private investment contracted 10.1%.
Manufacturing rose 6.1%, while mining output contracted 1.4% year over year.
The factory-gate index increased 0.4% monthly, while consumer-goods prices were down year over year.
Profits grew 4.2% in August alone, with manufacturing gains offset by losses in utilities.
Revenue increased faster than spending in the first eight months, while government-fund income fell 19% year on year.
New home starts dropped 24.8%, while existing-home transaction floor space rose 10.6%.
Online retail sales of goods and services increased 4.6% in January-August.
The two central banks’ green-finance taskforce discussed transition-taxonomy links, green panda bonds, adaptation insurance and cross-border carbon markets.
Egyptian battery maker BME and China’s CATL signed a contract on September 13 to establish a battery systems plant. The first phase is planned for annual capacity of 1 gigawatt-hour and investment above EGP 2 billion, reported by SIS as about US$39 million.
A September 6 Cabinet research bulletin said supply-chain resilience, energy and technology security and reduced dependence on single sources are increasingly shaping trade and investment. It highlighted local value added as a measure beyond export growth.
Jordan Tourism Board opened a representative office in China under an agreement announced Sept. 10, Petra reported. The office is intended to promote Jordan as a destination and build links with Chinese travel agencies and tour operators.
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