The People's Bank of China, the central bank, will adopt a more normal policy stance in the second half of the year as credit growth may have peaked even as its timely measures helped sustain China's economic recovery from the novel coronavirus pandemic during the first half, experts said on Monday.
The COVID-19 pandemic, as a black swan event, has affected not only people's lives but also the performance of businesses. During this particularly difficult time, the Shanghai-based Worldwide Logistics Group has managed to survive and has now turned the corner.
China's A-share market may have started what some are calling a "new bull run" that is more sustainable and rational than before, backed by deepened market-oriented reforms, experts said on Monday.
Chinese tech giant Huawei's revenue rose by 13.1% year on year to 454 billion yuan (about $64.9 billion) in the first half of 2020, with a net profit margin of 9.2%.
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