This month is China’s Consumption Promotion Month. Cities across the country are coming up with ways to stimulate consumption. The latest Chinese economic data showed positive signs of a rebound, with August retail sales rising for the first time this year compare with the same period last year. Continue reading “China’s Consumption Promotion Month to boost retail spending”
U.S.: WeChat users not to be penalized
WeChat users will not face civil or criminal penalties even if the United States bans the Chinese-owned messaging app through other actions next week, the U.S. Justice Department said on Wednesday. Continue reading “U.S.: WeChat users not to be penalized”