China economy

China's economy "improved considerably" in the third quarter, a senior official with the state planner said on Monday, a day before the official release of quarterly growth figures. The economy's performance in March, April and…

hong kong CNN Business — When Xi Jinping came to power ten years ago, China had just overtaken Japan to become the world's second largest economy.…

Talk about the moment. By this time next week, Chinese President Xi Jinping will be on course for a stunning personal victory.After a decade of leading the world's second-largest economy, increasing China's global influence and positioning…

According to China's National Climate Center, parts of China have faced…

According to China's National Climate Center, parts of China have faced…

Chinese refiners optimistic about the likelihood of an economic recovery in Asia's top consuming nation in the fourth quarter and into 2023 as pandemic control measures ease, helping to boost domestic demand of petroleum products,…

The Asian Development Bank said on Wednesday it expects China's economy to remain resilient and sustainable over the medium to long term. “There is a combination of issues that many countries in developing Asia are facing, but we see the…

As China prepares for a hugely important political rally next month, its economy is slowing. LEILA FADEL, HOST: China is often referred to as the workshop of the world. Now there are signs that the…

Unlike most developed economies, China does not have an inflation problem.China has tried, sporadically, to spur growth through infrastructure investment, incentives and slightly cheaper credit. The measures do not appear to have gained…

August was marked by extremely hot temperatures in parts of China, causing temporary power rationing in some areas. Pictured on August 24, 2022, the central city of Chongqing is seen with the lights partially turned off to save energy…

The Chinese economy is in trouble. The juggernaut that once seemed destined for world domination is slowing…

China's ruling Communist Party is setting the stage next month for the biggest overhaul of its economic leadership in a decade, with a generation of reform-minded policymakers set to step down amid deteriorating growth prospects. Beijing's…

The Chinese economy is in trouble. The juggernaut that once seemed destined for world domination is slowing…

As the global economy is mired in a confluence of crises ranging from energy shortages to skyrocketing inflation to recessionary pressure in major economies, global attention is focused on the Chinese economy, the main engine of global…

As the global economy is mired in a confluence of crises ranging from energy shortages to skyrocketing inflation to recessionary pressure in major economies, global attention is focused on the Chinese economy, the main engine of global…

The European Central Bank raised interest rates by an unprecedented three-quarters point this week, and another sharp adjustment next month remains a distinct possibility in a growing assault on runaway inflation. Newly appointed British…

Editor's note: A version of this story appeared in CNN's news bulletin Meanwhile in China, a tri-weekly update exploring what you need to know about the country's rise and its impact on the world. Register here.…

hong kong CNN Business — China's zero Covid strategy of endless testing and lockdowns has hammered its economy and weighed on corporate profits, but it…

BEIJING: A Chinese think tank on Monday expressed rare public disagreement with the ruling Communist Party's harsh zero Covid policy, saying restrictions that shut down cities and…

By Gareth Vaughan Against the backdrop of a sweltering summer, China's Covid-zero policy rumbles, the country's commercial real estate sector falters and youth unemployment soars. To talk about all these questions and more, I spoke to…

WUHAN (BLOOMBERG) - Wan Jinjun, a 62-year-old retiree who swam the Yangtze River almost every day for the past decade in Wuhan, said he had never seen such drought before. An extreme summer has wreaked havoc on Asia's longest river, which…

LONDON — Oil prices fell nearly 5% on Monday on data showing China's economic recovery stutters under Covid-19 restrictions and a plummeting property sector. Brent North Sea crude fell 4.8% to $93.46 a barrel, while West Texas…

Amid an economic slowdown, China must adopt special measures to offset "shocks beyond expectations" in the second quarter, according to Premier Li Keqiang. "Now is the most critical time for economic rebound," he told…

The only bright spot in the data was a 24% increase in exports but, with central banks around the world tightening monetary policies, global growth expected to slow and its relationship with the West increasingly turbulent, the China cannot…

China is slowing rapidly and the government is taking only modest steps to try to prevent the world's second-largest economy from outright contraction.Why is this important: Although it lags behind the United States in size, the Chinese…

It wasn't just container shipping that brought in the money last year. Dry bulk shipping had its best year in a decade. This year is different.Container spot rates have fallen, but contract rates are up, supporting average rates. Ongoing…

NEW YORK, United States — Oil prices fell on Monday on prospects of Iranian oil returning to the market and data showing China's economic recovery stutters under Covid-19 restrictions. Stock markets were broadly flat and the dollar traded…

Stock markets were broadly flat and the dollar traded mixed as investors welcomed signs of a slowdown in US inflation, which nevertheless remains at its highest level in decades.…

China's central bank lowered key rates on Monday in a surprise move to boost demand, with data showing an unexpected slowdown in the economy in July as factory and retail activity were squeezed by Beijing's zero COVID policy and a real…

About 78.34 percent of respondents from 22 countries believe China's economy has injected vitality into the global economy in a decade and become the driving force of the global economy, according to a joint survey conducted by CGTN and…

China's economy slumped further in the second quarter of the year, with an unexpected slowdown in manufacturing and an intensification of the slowdown in the real estate sector, according to official and independent data. That raised fears…

Republican Party strategist John Jordan has suggested that Chinese leader Xi Jinping is constrained by Taiwan given the growing problems facing the country's economy. Mr Jordan believes Beijing's actions on Taiwan are "limited" by China's…

China's economy is on track to post a steady rebound in the second half of the year despite downward pressures from a bleak global economic outlook and uncertainties both at home and abroad, officials said. analysts and experts. While new…

Loss of confidence in China's real estate sector could fuel contagion that would further dampen China's economy, analysts have warned. The comments come after embattled developer China Evergrande Group failed to deliver a promised $300…

China's economy slowed to 0.4% growth from April to June due to sudden pandemic-induced shutdowns in Shanghai, Changchun and other Chinese cities. It is therefore imperative to unify national coronavirus prevention and control measures…

Official data showed new household deposits rose by more than a third year-on-year to a record 10.3 trillion yuan ($2.2 trillion) in the first half of 2022, while borrowing individual banks fell by more than half over the same…

Mr. Zhao has deposited his savings in a bank in central China, but can no longer access them.Key points:China's economy is under pressure due to problems in the banking sector and the decline in the real estate market The country also…

Chinese authorities have fined ride-sharing company Didi Global Inc $1.2 billion, a move that ended a year-long investigation into the ride-sharing company's cybersecurity practices. Here is a timeline of key events highlighting the easing…

Illustration: Chen Xia/Global TimesWhile an overwhelming and growing majority of Americans say the US economy is headed in the wrong direction, crippled by soaring inflation and shrinking US consumer wallets, China's economy is firing on…

China's economy contracted in the three months to June from the previous quarter after Shanghai and other cities were shut down to fight coronavirus outbreaks, but the government said a "recovery stable" was underway after…

China released new economic data on Friday that is being closely scrutinized for its impact – not only domestically – but also on the global economy. China's GDP grew by 2.5% in the first half of 2022, while its economic growth rate in…

- Advertising - A worker clears the road as part of preparations for the visit of US President Joe Biden, in Jeddah, Saudi Arabia, July 14, 2022President Joe Biden will discuss energy supply, human rights and security cooperation in!-->!-->!-->!-->…

Wither away Canadian banks? That's the question this morning after Big Five stocks led the S&P/TSX Composite Index lower as investor sentiment rattled on recession fears stemming from bank earnings south of the border. To wit: TSX…

A man lowers his mask to drink from a cup while passing…

BEIJING - China's economy contracted in the three months to June from the previous quarter after Shanghai and other cities were shut down to fight coronavirus outbreaks, but the government said a " stable recovery" was underway after…

BEIJING (Reuters) - China's economy is recovering, but the foundations for that recovery are not solid and further efforts are still needed, Premier Li Keqiang was quoted by state media as saying on Thursday (July 7th). The world's…

The Chinese government the Purchasing Managers' Index (PMI) for the manufacturing sector - which mainly covers large companies and state-owned companies - rose to 50.2 in June, the first time it crossed the 50 mark since February, according…

China will strive to return the economy to a normal path and bring down the unemployment rate as soon as possible, Chinese Premier Li Keqiang said. BEIJING, China — China's economy has recovered to some degree, but…

China will strive to return the economy to a normal path and bring down the unemployment rate as soon as possible, Li said. China will strive to return the economy to a normal path and bring down the unemployment rate as soon as…

BEIJING (Reuters) - China's economy has recovered to some extent, but its foundations are not solid, state media said on Tuesday (June 28th), citing Prime Minister Li Keqiang. China will strive to return the economy to a normal path and…

* 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…

Hit by a resurgence of the coronavirus in Shanghai, Beijing and a few other major cities, China's economy reversed its growth trend in April and slowed as tougher pandemic control measures, such as lockdowns in Shanghai, have seriously…

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…