20191128 China News

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Chinese stocks closed lower on Wednesday, with the benchmark Shanghai Composite Index down 0.13 percent, at 2,903.19 points.


Prices of farm produce in China fell from last week with slips in the wholesale prices of pork and eggs, data from the Ministry of Commerce showed Tuesday.



China and Belgium are important gateways for each other in terms of economic cooperation as the European Union and China seek to work together to play a more active role in promoting multilateral trade and an open economy worldwide.


Some five years after Alibaba Group first went public in New York, shares of the Chinese internet giant made a solid debut in Hong Kong on Tuesday marking the largest initial public offer on that market so far this year.


Investors in SoftBank's Vision Fund have criticized the Japanese conglomerate for its decision to bail out WeWork after the startup's failed IPO, The Wall Street Journal reported.


China's economy still enjoys strong resilience despite increasing downward pressure, according to the country's central bank.


Singapore's Economic Development Board announced on Tuesday that the country's manufacturing output grew 4 percent year-on-year in October, compared to a revised 0.7-percent increase this September. Excluding biomedical manufacturing, the output grew 0.2 percent year-on-year in October, compared to a revised 3.8-percent decrease in the previous month. 

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Author: Producer Emilio Mendez

Speaker: Caroline Parraguez

Edition: EAcham

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