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Chinese Economy

Chinese economy posts 5.2% GDP growth amid slowdown concerns

Chinese economy posts 5.2% GDP growth amid slowdown concerns

Wed, Jan 17, 2024

The country's GDP touched a record 126.06 trillion yuan (about USD 17.71 trillion) in 2023, according data from China's National Bureau of Statistics (NBS).

Chinese economy in distress, its model is 'broken': Report

Chinese economy in distress, its model is 'broken': Report

Mon, Aug 21, 2023

China economy news: The Wall Street Journal in a major Sunday story wrote that economists now believe China is entering an era of much slower growth, made worse by unfavourable demographics and a widening divide with the US and its allies.

China's premier says economic growth is accelerating and the country can hit its 5% target this year

China's premier says economic growth is accelerating and the country can hit its 5% target this year

Tue, Jun 27, 2023

Consumer and factory activity weakened in May and record-setting youth unemployment spiked up.

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China's November home prices show govt curbs starting to cool sharp rally

China's November home prices show govt curbs starting to cool sharp rally

Mon, Dec 19, 2016

China`s home prices slowed further last month as a raft of curbs cooled a furious price rally, but a supply shortage in parts of the nation and sizable inventories elsewhere underscored the challenges facing policymakers as they try to stabilise a polarised market.

China's economy will grow around 6.5% in 2017; yuan to continue falling: CASS Researchers

China's economy will grow around 6.5% in 2017; yuan to continue falling: CASS Researchers

Mon, Dec 19, 2016

China`s economy will grow around 6.5% in 2017, while the yuan will continue to fall, government researchers said in Beijing on Monday.

Chinese spend billions on Singles' Day

Chinese spend billions on Singles' Day

Fri, Nov 11, 2016

Chinese shoppers spent more than $1 billion in the first five minutes of Singles Day on Friday, e-commerce giant Alibaba said in the world`s biggest online shopping promotion. Singles' Day -- named for the repeated digit 1 in the date November 11 -- was created by Alibaba in 2009.

China's GDP growth stable at 6.7% in third quarter: Govt

China's GDP growth stable at 6.7% in third quarter: Govt

Wed, Oct 19, 2016

China's growth was steady at 6.7% in the third quarter (Q3), government data showed on Wednesday, a sign of stabilisation in the world's second-largest economy. The results slightly exceeded the median analyst expectation of 6.6% in an AFP poll.

China premier says economy improving, debt risks under control

China premier says economy improving, debt risks under control

Tue, Oct 11, 2016

More than 10 million new urban jobs were created in the first nine months, with the survey-based jobless rate falling below 5 percent in September, he said, while adding the economy still faces downward pressure.

Modi gives final nod to woo foreign investors into India

Modi gives final nod to woo foreign investors into India

Thu, Sep 01, 2016

The Union Cabinet chaired by Modi, gave its nod to major changes made to the FDI rules, including hiking foreign investment to 100% in the defence sector.

India's top companies to outperform Chinese counterparts

India's top companies to outperform Chinese counterparts

Tue, Aug 02, 2016

India's top companies are set to outperform their Chinese counterparts driven by increased spending by the Indian government through its 'Make in india' programme and improvement in the transportation sector despite the infrastructure bottlenecks, S&P Global Ratings said in its latest report

China's official manufacturing PMI drops in July

China's official manufacturing PMI drops in July

Mon, Aug 01, 2016

IHS Market and Caixin, in a statement, said, “July survey data signalled a renewed upturn in operating conditions faced by Chinese manufacturers, with output, new orders and buying activity all returning to growth. However, employment continued to decline and at a solid pace, which in turn contributed to the quickest rise in outstanding business since March 2011.”

China rebuilt itself from U.S.' money and stripped America: Trump

China rebuilt itself from U.S.' money and stripped America: Trump

Tue, May 03, 2016

Indiana has lost one in four manufacturing jobs since 2001, the year Congress voted to put China into the World Trade Organisation, he said, terming the move as a "mistake".

India tops 2015 FDI list, beats China

India tops 2015 FDI list, beats China

Fri, Apr 22, 2016

According to fDi Markets, the motives cited by companies investing in India and China are quite similar in nature. For both countries, companies identify domestic market growth potential and proximity to markets as the main two reasons for investing.

Steel producers to urge China to cut output

Steel producers to urge China to cut output

Tue, Apr 19, 2016

Angry steel manufacturers in Europe have urged the EU to mirror the United States in punishing China with fresh tariffs, but the Brussels based bloc has so far proved reluctant to challenge Beijing more directly on the issue.

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