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China Economy

How will the market move in future?

How will the market move in future?

Tue, Oct 01, 2024

Some support to metal prices due to China's relief package, the effect of China's relief package is generally not sustainable, fundamentals of the Indian market are strong in the long term: Rakesh Arora, Founder,

IMF upgrades its forecast for China's economy, but says reforms are needed to support growth

IMF upgrades its forecast for China's economy, but says reforms are needed to support growth

Wed, May 29, 2024

The IMF's report, issued late Tuesday, said the world's second-largest economy will likely expand at a 5% annual rate this year, based on its growth in the first quarter and recent moves to support the property sector.

Activists Condemn China's Actions, Urge End to Uyghur and Tibetan Oppression

Activists Condemn China's Actions, Urge End to Uyghur and Tibetan Oppression

Fri, May 17, 2024

Activists worldwide have condemned China's actions and are calling for an end to the oppression of Uyghurs and Tibetans. The ongoing human rights issues have drawn international criticism and demands for change.

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China's economy grew 5.3% in first quarter, beating expectations, though weak spots remain

China's economy grew 5.3% in first quarter, beating expectations, though weak spots remain

Tue, Apr 16, 2024

The world’s second-largest economy expanded at a 5.3 per cent annual pace in January-March, beating analysts’ forecasts of about 4.8 per cent, data released Tuesday showed.

China's economic conditions to improve in 2024 - officials

China's economic conditions to improve in 2024 - officials

Mon, Dec 18, 2023

China would also continue to monitor its battered real estate market and meet the reasonable financing needs of real estate companies.

Chinese imports rise in October while exports fall for 6th straight month

Chinese imports rise in October while exports fall for 6th straight month

Tue, Nov 07, 2023

China's imports rose in October while exports fell for a sixth straight month compared with a year earlier in the latest evidence the world's second largest economy remains in the doldrums.

Hong Kong cuts taxes for foreign home buyers and stock traders as it seeks to maintain global status

Hong Kong cuts taxes for foreign home buyers and stock traders as it seeks to maintain global status

Wed, Oct 25, 2023

Chief Executive John Lee said the extra stamp duties imposed on non-resident buyers and current local homeowners looking to buy additional properties would be halved, making the first easing over the past decade since property cooling measures were introduced.

China leaves benchmark lending rate unchanged amid better economic data

China leaves benchmark lending rate unchanged amid better economic data

Fri, Oct 20, 2023

Most new and outstanding loans in China are based on the one-year LPR, while the five-year rate influences the pricing of mortgages.

China's September consumer prices flat, factory deflation persists

China's September consumer prices flat, factory deflation persists

Fri, Oct 13, 2023

The consumer price index (CPI) was unchanged in September from a year earlier.

China's factory activity expands for first time in six months, in latest sign economy is recovering

China's factory activity expands for first time in six months, in latest sign economy is recovering

Sat, Sep 30, 2023

According to the government statistics bureau and an official industry group, the monthly purchasing managers' index rose to 50.2 this month from 49.7 in August measured on a 100-point scale. Numbers above 50 indicate activity is increasing.

China's economic gloom hangs over Japan's long-awaited recovery

China's economic gloom hangs over Japan's long-awaited recovery

Thu, Sep 07, 2023

In a sign of growing pessimism over China, the government also said its monthly economic report for August that "concern over China's outlook" was among risks to Japan's recovery.

China's economic slowdown alarms international leaders, investors: Report

China's economic slowdown alarms international leaders, investors: Report

Sat, Sep 02, 2023

China's economic slowdown has alarmed international leaders and investors, as per CNN, for the first time in decades, the world's second economy is itself in trouble.

China ramps up economic support as Country Garden vote looms

China ramps up economic support as Country Garden vote looms

Fri, Sep 01, 2023

China is grappling with a slowdown that has rattled global markets, with the spotlight now firmly focused on troubled developer Country Garden's (2007.HK) spiralling debt crisis in a sector that contributes to roughly a quarter of the economy.

When India’s GDP briefly exceeded China’s

When India’s GDP briefly exceeded China’s

Thu, Aug 24, 2023

The World Bank compiled data from 1960 to 2022 for comparison, dividing the period into distinct events, including China's cultural revolution from 1966 to 1977, economic reforms in India beginning 1991, the 2008 Global Financial Crisis, and the global COVID-19 pandemic in 2020.

China cuts interest rates as economy struggles

China cuts interest rates as economy struggles

Mon, Aug 21, 2023

The country's post-Covid recovery has been hit by a property crisis, falling exports, and weak consumer spending, the report said.

China stops releasing youth unemployment figures as economy falters

China stops releasing youth unemployment figures as economy falters

Tue, Aug 15, 2023

China has stopped releasing youth unemployment figures, which were seen by some as a key indication of the country's slowdown. The decision is due to changes in the world's second-largest economy and its society, a government spokesman said.

Deflation in China raises concerns! Ajay Bagga Explains in Detail

Deflation in China raises concerns! Ajay Bagga Explains in Detail

Wed, Aug 09, 2023

Why is China's economy crumbling? Why did the decreasing inflation increase China's concern? Watch an exclusive interview with Ajay Bagga, Chairman, Elements Platforms

Double-Digit Drop in China's July exports adds to urgency for economic support

Double-Digit Drop in China's July exports adds to urgency for economic support

Tue, Aug 08, 2023

China experienced a sharp decline in its exports, plummeting by 14.5 per cent in July compared to the previous year. This economic setback has intensified pressure on the ruling Communist Party to take actions aimed at reversing the ongoing economic downturn.

China factory activity shrinks in July, adding to pressure to reverse economic slump

China factory activity shrinks in July, adding to pressure to reverse economic slump

Mon, Jul 31, 2023

Chinese leaders are trying to revive economic activity by promising to support entrepreneurs who generate jobs and wealth. But they have yet to give details possible tax cuts or spending and have avoided announcing a large-scale stimulus.

China's factory activity extends declines, firming case for stimulus

China's factory activity extends declines, firming case for stimulus

Mon, Jul 31, 2023

China's manufacturing activity fell for a fourth straight month in July, albeit at a slower pace, an official factory survey showed on Monday, reinforcing the need for further policy support to boost domestic demand.

China Q2 GDP: Economy grew 6.3% in second quarter, missing analysts' expectations

China Q2 GDP: Economy grew 6.3% in second quarter, missing analysts' expectations

Mon, Jul 17, 2023

China’s GDP in the first quarter beat expectations and grew by 4.5 per cent, as consumers flocked to shopping malls and restaurants after nearly three years of “zero-COVID” restrictions were removed at the end of 2022.

Explained: Why is Chinese state media targeting Goldman Sachs?

Explained: Why is Chinese state media targeting Goldman Sachs?

Fri, Jul 07, 2023

Goldman Sachs announced a significant revision of its stance towards key Chinese lenders, moving the Agricultural Bank of China (AgBank), the Industrial and Commercial Bank of China (ICBC), and the Industrial Bank from favourable ratings to a less promising "Sell" category.

China's economy slows in May, firming case for more support

China's economy slows in May, firming case for more support

Thu, Jun 15, 2023

China economy news: China's economy stumbled in May with industrial output and retail sales growth missing forecasts, adding to expectations that Beijing will need to do more to shore up a shaky post-pandemic recovery.

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