China June coal output hits record high as miners ramp up ahead of summer
China’s coal output rose in June from the previous month to a record high, official data showed on Monday, as miners ramped up production to ensure supply ahead of peak summer demand for electricity.
China says first-half growth sets good foundation for hitting 2019 GDP target
China’s first-half economic growth of 6.3% was “hard-won” and laid a good foundation for achieving a full-year growth target of between 6% and 6.5%, a spokesman for the country’s statistics bureau said on Monday.
China churns out record daily steel output in June – Reuters calculation
China’s daily crude steel output rose to record levels in June, according to Reuters calculations, even as anti-pollution production curbs pushed whole-month production slightly lower, official data showed on Monday.
China June crude oil throughput rises to record on new plants
China’s crude oil throughput rose to a record in June, up 7.7% from a year earlier, following the start-up of two new, large refineries, official data showed on Monday.
China’s first-half pork output falls amid disease outbreak
China’s pork output fell by less than expected in the first half as the country tackles a devastating disease outbreak, although official data showed conflicting figures on the size of the decline in the hog herd.
Instant View: China second quarter GDP rises 6.2% year-on-year, slowest in at least 27 years
China’s second-quarter economic growth slowed to its weakest pace in at least 27 years, in line with expectations, as demand at home and abroad cooled in the face of a bruising trade war with the United States.
China home price growth cools in June, but investment quickens
Growth in China’s new home prices cooled in June as sales shrank for a second month, but building starts and investment quickened, providing a cushion for the slowing economy while Beijing claims some wins in reducing market froth.
China June industrial output up 6.3% year-on-year, beats forecasts, retail sales up 9.8%
China’s industrial output grew 6.3% in June from a year earlier, official data showed on Monday, picking up from May’s 17-year low and handily beating market expectations.
China June aluminum output climbs to daily record – Reuters calculations
China’s daily aluminum output hit record levels in June, according to Reuters calculations, even as total production for the whole of the month fell slightly according to data released by the National Bureau of Statistics on Monday.
Asian shares pull ahead after encouraging Chinese data
Asian shares advanced on Monday as investors breathed a sigh of relief after encouraging Chinese data suggested the world’s second-biggest economy may be starting to stabilize thanks to ramped-up stimulus from Beijing.
