China economy

* China remains the world's most attractive investment destination despite short-term headwinds from the COVID-19 pandemic.* A total of 99 key foreign investment projects with a combined investment of US$15.6 billion were signed at the…

A China's strong start to 2022 gave way to a weaker outlook for the second half of the year, rocked by multiple Covid-19 outbreaks that dragged the trade powerhouse economy down. In its latest China report – Between Shocks and Stimulus –…

Text size China is trying to repair the damage done to its economy while the United…

The positive developments come after the world's second largest economy was battered by widespread Covid lockdowns, a sweeping crackdown on tech companies and a housing crisis. Consumer spending and manufacturing output fell sharply in…

Chinese economic activity, which has been weighed down by multiple factors including the resurgence of COVID-19 cases, is expected to recover this year. The Asian giant, the world's second-largest economy, has set a growth target of 5.5%…

HANGZHOU, China — Orders evaporated at Zhou's textile business based just outside Shanghai, a city now breaking free from a two-month lockdown that has left small businesses on life support. Sales are on "a very serious downward…

China's economy showed initial improvement in May as coronavirus cases fell and restrictions eased, but manufacturing and services activity remained in contraction, with future recovery still vulnerable, analysts said.Activity in both…

The Chinese economy was once "robust". Then Covid came back in 2022. The pandemic from China has affected many countries and resulted in an incredible level of destruction of lives and families. It started in this country and slowly…

A worker is busy in a workshop of Harbin Turbine Company Ltd. of Harbin Electric Corporation in Harbin, northeast China's Heilongjiang Province, May 7, 2022. (Xinhua/Wang Jianwei)BEIJING, May 26 (Xinhua) -- Is the threat of global…

Covid restrictions on dozens of Chinese cities in recent months have tangled supply chains. (Case)Beijing: China's premier has issued an unusually harsh warning about the world's second-largest economy, saying it must get…

A return to normal for China's economy is a long way off, though Shanghai, the epicenter of China's current Covid-19 outbreak, has unveiled more post-lockdown plans Thursday. Shanghai, which is set to officially emerge from a lockdown on…

Chinese Foreign Minister Wang Yi and US Secretary of State Antony Blinken. (Case)Washington: The United States does not seek to cut China off from the global economy, but wants Beijing to adhere to international rules, US…

Staff members work at the workshop of Anhui Electric Power Transmission & Transformation Co., Ltd. in Hefei, east China's Anhui Province, May 13, 2022. (Xinhua/Liu Junxi) BEIJING, May 25 (Xinhua) -- China's cabinet has called for the…

The Chinese government is committed to building a more unified market while strengthening international cooperation. The remark was made during a press conference earlier on local and foreign trade in China. This is part of a series of…

Covid in China: China has reported hundreds of infections in recent weeks.Beijing: China, which once boasted a strong defense against the COVID-19 pandemic, is now being hit hard by the virus' return.Consumer spending and…

Pony Ma, the low-key founder of tech giant Tencent Holdings, caused a stir on social media over the weekend when he reposted an article about the Chinese economy, an unusual break in silence from a Chinese tech tycoon on a increasingly…

Pony Ma Huateng, Chairman and CEO of Tencent, attends the World Artificial Intelligence Conference (WAIC) in Shanghai, China September 17, 2018. REUTERS/Aly SongJoin now for FREE unlimited access to Reuters.comRegisterSHANGHAI, May 23…

BEIJING: China announced on Friday it would cut a key interest rate as the country struggles to boost its virus-hit economy and Covid-19 restrictions spread to major…

Chinese authorities say they are providing support to small and medium-sized businesses affected by the pandemic. Millions of businesses across the country have been forced to close or limit their activity to help contain the spread.…

AAt a recent online meeting of China's top economists, a palpable sense of urgency filled the virtual meeting room. Over the past few weeks, a slew of reports from Chinese and foreign economists have pointed to a deteriorating economy.…

Although China is facing downward pressure due to the complex international environment and sporadic domestic virus outbreaks, the fundamentals that support the country's steady and long-term economic growth remain unchanged, with leading…

Read this in the Manila Times digital edition. BEIJING: China's economy is on the road to recovery despite some indicators contracting in April, as its…

China's economy is expected to improve this month despite weak trade data in April, and economic activities could rebound with a gradual recovery in household spending and strong support for fixed investment in the coming months.…

Australian stocks closed higher after a mixed day of trading after China revealed its economy suffered a worse-than-expected recession in April.Key points:The ASX 200 gained 0.2% on MondayThe Australian dollar fell to 68.8 US centsChina's…

BEIJING (AP) — China's factory and consumer activity fell even more than expected in April under virus checks, official data showed Monday, but a Cabinet official said the economy was picking up as that the anti-virus brakes were…

The world's second-largest economy reported shocking declines in retail sales and factory production, largely missing market expectations.Retail sales plunged 11.1% in April from a year ago, according to China's National Bureau of…

CANADIANS CONFIDENCE STARTS The…

BEIJING (AP) — China's factory and consumer activity fell even more than expected in April under virus checks, official data showed Monday, but a Cabinet official said the economy was picking up as that the anti-virus brakes were…

Sonnet 116 (excerpt) Don't leave me at the wedding of true spirits Admit the obstacles. love is not love Who alters when he finds alteration, Or bend with the remover to remove: Oh no! It's an ever fixed mark Who watches…

BEIJING (AP) — China's factory and consumer activity fell even more than expected in April under virus checks, official data showed Monday, but a Cabinet official said the economy was picking up as that…

China's sluggish economy is recovering as anti-virus measures are eased and businesses in its commercial capital Shanghai are allowed to reopen, a Cabinet official said on Monday, as data showed the Factory and consumer activity in April…

BEIJING (AP) — China's factory and consumer activity fell even more than expected in April under virus checks, official data showed Monday, but a Cabinet official said the economy was picking up as that the anti-virus brakes were…

Photo taken on Jan. 14, 2021 shows a night view of Lujiazui in Pudong, east China's Shanghai Municipality. (Xinhua/Fang Zhe)BEIJING, May 12 (Xinhua) -- Despite growing domestic and external uncertainties, China's economy continues to grow…

Taipei, Taiwan - China could be heading for negative economic growth in some sectors and regions this year as it grapples with the worst economic indicators since the start of the pandemic, economic analysts have warned. The Chinese…

President Xi Jinping has offered state support for technology, infrastructure and jobs to revive China's economy, but analysts warn growth will continue to falter until Beijing abandons its rigid controls against viruses. Two and a half…

Chinese President Xi Jinping has offered state support for technology, infrastructure and jobs to revive the country's economy, but analysts warn growth will continue to falter until Beijing lets go of its rigid…

President Xi Jinping has offered state support for technology, infrastructure and jobs to revive China's economy, but analysts warn growth will continue to falter until Beijing abandons its rigid controls against viruses. Two and a half…

Covid in China: authorities have also indicated that a full easing of restrictions is still a long way off.Beijing: President Xi Jinping has offered state support for technology, infrastructure and jobs to revive China's…

Tourists shop at a duty-free mall in Haikou, south China's Hainan Province, Oct. 1, 2021. (Xinhua/Yang Guanyu)BEIJING, May 7 (Xinhua) -- Consumption has played a leading role in boosting China's economy this year, as well as foreign trade…

Mass testing of China's vast population could bring further misery to the economy, experts warned on Friday, after Beijing pledged to regain control of the narrative around a zero-Covid policy that has strangled the economy. growth and…

The Caixin Purchasing Managers' Index, a closely watched indicator for assessing the state of the economy, fell to 36.2 in April from 42 in March, according to a survey released Thursday by IHS Markit. A reading below 50 indicates…

By Laura He, CNN Business China's gigantic services sector has just contracted at the second-fastest pace on record as Covid lockdowns hit businesses hard. The Caixin Purchasing Managers' Index, a closely watched indicator for…

This file photo from April 19, 2022 shows uniformed workers at the factory of gas spring manufacturer Stabilus (Zhejiang) Co. Ltd. in Pinghu, in the eastern province of Zhejiang in China. PHOTO XINHUA…

China's economic activity contracted sharply in April as the lockdown of Shanghai and other parts of the country to contain a widespread outbreak of COVID-19 closed factories, blocked roads and prevented people from consuming. ,…

China will step up support for macroeconomic policy to stabilize the economy as national COVID-19 outbreaks and war in Ukraine heighten risks, state media said Friday citing the Politburo, a top decision-making body. of the ruling Communist…

It's hard to imagine a more compelling case of how digital transformation can actually be the main driver of a region's economy than economic output itself. China's east-west digital pivot may be recent, but it's already giving a…

China's adherence to the Covid Zero strategy means more cities could be brought under lockdown. BloombergChina's economy slowed rapidly in April as the costs of the worsening Covid outbreak and the country's tough approach to…

European stocks fell to a six-week low as global risk sentiment inflated worries about a more aggressive US Federal Reserve and the spread of Covid in China, outweighing optimism over the country's election victory. French President…

Chinese President Xi Jinping's decision to align China so closely with Russia now appears to have backfired on Russian President Vladimir Putin's decision to invade Ukraine on February 24. in Japan and Singapore. The close Sino-Russian…

BEIJING: First-quarter economic data released by China's National Bureau of Statistics (NBS) earlier this week showed the East Asian country's economy remaining stable…

China's economy is "struggling" at the moment, but it's "not in big trouble", according to Derek Scissors, chief economist at research firm China Beige Book."We're not looking at an outright contraction like China suffered in 2020,"…

In this week's episode, they discuss the latest data released by China's National Bureau of Statistics, how the country's economy has exceeded expectations, the growing challenge in Shanghai due to lockdown and space ambitions. from China.…

Data: FactSet; Graphic: Baidi Wang/AxiosThe biggest engine of global economic growth – China – has stalled as its “zero COVID” policy comes up against a massive virus outbreak and large-scale lockdowns.Why is this important: Many focus on…

RIYADH: Morocco's gross domestic product growth is below previous forecasts, China's economy slowed in March and Spain is due to revise its 2022 GDP target. faster rates, the mayor announcing 200,000 jobs threatened by the departure of…

By Laura He, CNN BusinessCNN — The Chinese economy got off to a good start to the year, posting growth in the first quarter that exceeded expectations. But a recent plunge in…

China's lockdowns to contain the country's worst covid outbreak since the start of 2020 have wreaked havoc on the economy, stalling production in major cities like Shanghai and halting spending for millions locked in their homes.The…

China's explicit call to reduce the amount of bank cash set aside as reserves and increase lending has raised expectations of an imminent policy easing, but economists say any credit easing may not not be enough to push back the prospect of…

The official Purchasing Managers' Index (PMI) for the manufacturing sector fell to 49.5 from 50.2 in February, the National Bureau of Statistics (NBS) said on Thursday, while the non-manufacturing PMI fell to 48 .4 against 51.6 in February.…

Shanghai's sweeping two-phase lockdown will likely deal a major blow to businesses that rely on consumer spending, though economists say the city's industrial sector can largely weather the disruption, mitigating threats to the supply…

Shanghai's sweeping two-phase lockdown will likely deal a major blow to businesses that rely on consumer spending, though economists say the city's industrial sector can largely weather the disruption, mitigating threats to the supply…

With outbreaks wiping out a wide range of sectors, including in-person services, construction and some manufacturing, 'it's becoming increasingly difficult for Beijing to meet its GDP growth target' of around 5.5% "for 2022," the…

(Bloomberg) -- China's economy is facing its worst downward pressure since the spring of 2020, when it was hit by the first wave of Covid-19, according to Nomura Holdings Inc. The slowdown in Chinese growth worsened in the first quarter and…

The international environment has changed dramatically since the global financial crisis of 2008, which reduced the global economic growth rate from 3.84% in 2007 to 1.58% in 2008. Although the global economy slowly recovered after 2010,…

Video: Albert Keidel, a development economist specializing in East Asia, says China's economy started the year on a high note, with the country able to maintain stable and healthy growth despite headwinds . (Xinhua)"Overall data on…

Video: Albert Keidel, a development economist specializing in East Asia, says China's economy started the year on a high note, with the country able to maintain stable and healthy growth despite headwinds . (Xinhua)"Overall data on…

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Southern China's tech powerhouse Shenzhen has partially eased lockdown measures, after President Xi Jinping stressed the need to "minimize the impact" of the coronavirus pandemic on the country's economy.The city of 17.5 million, which has…

BEIJING Southern China's tech powerhouse Shenzhen has partially eased lockdown measures, after President Xi Jinping stressed the need to "minimize the impact" of the coronavirus pandemic on the country's…

China's economy will never "dominate" the West as the communist superpower will run out of steam within three decades, according to a new report.The authoritarian nation of 1.4 billion people is on track to overtake the United States as the…

Top economists express optimism about China's future growth citing domestic circulation and consumption as key drivers. This comes after key economic targets were unveiled in both sessions. Gao Ang has more. Rising global tensions and…

Job seekers aged 16 to 24 were struggling with a 15.3% increase in unemployment. —Photo Reuters…

Industrial production Jan.-Feb. +7.5% y/y vs f'cast +3.9%Retail sales +6.7% y/y vs f'cast +3.0%Investment in fixed assets +12.2% y/y, vs f'cast +5.0%Strength may not last as COVID cases jump - analystsBEIJING, March 15 (Reuters) - China's…

By Laura He, CNN Business The Chinese economy started the year on a positive note, with several major indicators beating forecasts. But as the country's Covid cases increase, maintaining the same pace of growth in the coming…

A woman shows banknotes and coins included in the 2019 edition of the fifth series of the renminbi. The renminbi is becoming increasingly popular as an international negotiable…

Chinese economic statistics are unreliable. But now these, along with other indicators, paint an unflattering picture of the economy. In May 2021, the government revised its population data from 2011 to 2019, adding around 10 million…

The National People's Congress - the annual meeting of China's parliamentary body - kicked off on Saturday March 5 at the Great Hall of the People in Tiananmen Square. Premier Li Keqiang presented the 2022 work report, which triggers…

BEIJING (REUTERS) - A senior Chinese official warned on Tuesday (March 1) that the Chinese economy faces multiple challenges at home and abroad this year, including "tremendous" pressure from uncertainty over the global trade and still…

Beijing - When Chinese President Xi Jinping delivered his traditional Lunar New Year greetings from the country's coal heartland in January, the subtext was clear: Beijing is not ready to shake off its dependence on coal, despite…

(Bloomberg) - China's economy continued to stabilize at subdued levels in February, weighed down by a slump in the housing market, weaker global demand and disruptions to business activity over the Lunar New Year holiday. This is the…