Tags: China
China's imports plunges 12th month in a row
China's import dropped again in October for the 12th consecutive time, according to official data revealed Sunday. BBC News reported that China's imports on October went down 18.8 percent to $130.8 billion.
Oil prices skid on profit booking, supply risk holds losses
Oil prices dropped on low volumes as investors preferred to book profit to take advantage of overnight rally. The oil price is hovering above $50 a barrel on disruption in production in Brazil and Libya.
Bitcoin Value Keeps Surging Surprisingly
Bitcoin, the most famous digital and crypto currency, has an enormous surge of value with more than 70% raise in a month. A movement that surprised every body amidst a global economic slowdown, is coming from Chinese capital outflow invested in bitcoin.
China, Taiwan Presidents to Meet in Singapore, despite growing public opinion backlash
Chinese President Xi Jinping and Taiwanese President Ma Ying-jeou will meet for the first time in Singapore amidst the expected public opinion backlash. Reuters reported that the meeting coincides with Taiwan's growing anti-China sentiments as the presidential and parliamentary elections are nearing this January.




