China economy

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…

China's once buoyant economy is slowing down. Analysts say this is due to successive coronavirus shutdowns, Russia's invasion of Ukraine and restrictive trade policies. DEBBIE ELLIOTT, HOST: In…

(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…

Read this in the Manila Times digital edition. BEIJING: A legion of specialized small businesses in China and across the Association of Southeast Nations…

George Soros delivers a speech on the sidelines of the annual meeting of the World Economic Forum (WEF), the ... January 23, 2020 in Davos, eastern Switzerland. FABRICE COFFRINI/AFP via Getty Images Investors…

Economy / In-Depth: Provincial Plans Show Where China's Economy Goes in 2022 In less than a month, the government's development goals and priorities for the year will be announced during the annual session of the National People's…

BEIJING (Reuters) - With engines spinning and machines roaring, China's industrial enterprises have started the first week after the Chinese Lunar New Year holiday full of…

Faced with the global downturn in 2021, the Chinese economy has shown development potential and resilient growth. Reform, opening up and innovation have continued to advance, people's livelihoods have been strongly and effectively…

As the Beijing Winter Olympics begin, all eyes are on China. There have been a lot of reports about China's cold relations with the West and its persecution of Uyghurs and other minorities, but there is also a lot to be said about China's…

Two curling stone-shaped robots stretched their arms below the surface of the water, each carrying an Olympic torch, as the flame passed from one to the other.…

-- The ongoing 2022 Winter Olympics have showcased not only high-level sporting prowess, but also futuristic technological extravaganza and appealing appeal to winter sports, which hold the potential to drive economic growth. -- From…

By 2030, China is expected to become the largest economy in the world, for now it has just overtaken the EU.…

A sharp about-face by President Xi Jinping suggests China is in crisis mode as rising interest rates pose a serious threat to its economy.In the years leading up to the pandemic, Chinese President Xi Jinping warned that the global economy…

BY JONATHAN CHENG | UPDATED JANUARY 30, 2022 12:54 AM EST Manufacturing and services sector surveys show pullback in January as latest Covid-19 outbreaks hit domestic demand…

China's economy started the year on an uncertain footing as Covid-19 outbreaks disrupted factory activity and consumer spending, according to a trio of manufacturing and service sector surveys. published on Sunday.Two gauges of China's…

China has become the world's second-largest consumer market, the largest trader of goods for five consecutive years and the second-largest destination for foreign direct investment in 2021, the Chinese ministry announced on Tuesday. of…

VSHINA A hasn't had much success in curling, which will be featured at the Beijing Winter Olympics from February 4. But the country's economic decision-makers could take inspiration from this obscure event. Like curlers, they have a hard…

China's Public Assets Supervision and Administration Commission on Wednesday unveiled details of the performance of state-owned enterprises last year, measures to stabilize energy prices in the country and measures to facilitate the…

Igor Kutiaev/iStock via Getty ImagesBy Zhennan Li For China, the coming year is of particular political and economic significance. From the Winter Olympics in February to the 20th National Congress of the Communist Party of China,…

Pedestrians walk past the People's Bank of China headquarters in Beijing, China.Julia Marchi | Bloomberg | Getty ImagesChina's central bank lowered its key lending rates again on Thursday amid concerns about an economic slowdown in the…

The bureau released the results of its review on January 17, noting a 4% increase in GDP in 2021. But the continued pandemic dampened its potential, as the rate had risen at its slowest pace in 18 months. The People's Bank of China cut an…

A worker checks a chip product at a factory in Sihong Economic Development Zone in Sihong County, east China's Jiangsu Province on Monday. At present, Sihong County has formed electronic information, new materials, mechanical and…

BEIJING – Construction and real estate sales have fallen. Small businesses have closed due to rising costs and weak sales. Local authorities in debt reduce the salaries of civil servants.China's economy slowed markedly in the final months…

According to Fastmarkets MB, benchmark 62% Fe fines imported into North China were changing hands for $125.65 a tonne during morning trading, down 2% from Friday's close. May's most traded iron ore contract on China's Dalian Commodity…

Despite rising 8.1% during 2021, Chinese government is “under the triple pressure of demand contractions, supply shock and weakening expectations,” says National Bank chief from China. According to data from the National Bureau of…

BEIJING - China's economy is expected to slow ahead of the ruling Communist Party's two-decade congress in the fall of 2022, as President Xi Jinping's sweeping "COVID zero" policy and socialist ambitions are expected to stifle private…

A worker in a protective suit works near containers on a ship in Qingdao, east China's Shandong Province, November 7, 2021. China's economy grew 8.1 percent in 2021 after a sharp slowdown in the second half that suggests Beijing needs to…

(CNN) - China's economy grew 8.1% last year, far exceeding the government's own targets. But weaker growth in the final months of 2021 suggests trouble is still on the horizon as the country grapples with a deepening…

This file photo taken on December 16, 2021 shows a man waiting to cross a road in Beijing's central business district. China's…

Containers are installed at Yangshan Port in Shanghai, China, August 6, 2019.Aly Song | ReutersBEIJING — China's exports rose slightly more than expected in December, while imports rose less than expected, according to customs data…

Traffic police and epidemic prevention personnel work together to check vehicles at a highway entrance in Zhengzhou, capital of Henan Province, China, on the afternoon of Jan. 8, 2022.Cost photo | Edition of the future | Getty…

December saw two major defaults among indebted Chinese developers, with Evergrande and Kaisa missing bond repayments totaling almost $500m (£369.47m). The dire situation in the property sector is now straining regional government finances,…

In a year marked by unexpected disruptions and growing uncertainties, China is expected to deliver stable growth thanks to its swift policy response. The world's second-largest economy grew 9.8% year-on-year in the first three quarters, a…

A view of the Lujiazui financial area, Shanghai, China. /APC A view of the Lujiazui financial area, Shanghai, China. /APC The year 2021 was at the…

Skyline of Shenzhen, China. /APC Skyline of Shenzhen, China. /APC The year 2021 for the Chinese economy has been marked by growing uncertainties caused…

The World Bank has forecast China's economy to grow 8% in 2021, a downward revision to the group's June forecast of 8.5%. Economic activity in the country cooled in the second half of this year after a strong rebound in the first half,…

The People's Bank of China on Monday cut its one-year lending prime rate (LPR) by 5 basis points to 3.8%. the The LPR is the rate at which commercial banks lend to their best customers and it serves as a reference rate for other loans.…

A man walks past an electronic screen displaying the Shenzhen Component Index on the street on September 23, 2021 in Shanghai, China.SynopsisStakeholders in the affected industries say the changes were not communicated in advance, leading…

~~ ~ The “Mighty 100” is a term frequently discussed in the context of the Chinese real estate industry. In Chinese, this "Strong 100" designates the top 100 real estate developers in the…

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Job : December 15, 2021 / 03:12 MST / Update: December 15, 2021 / 4:14 a.m. MST Workers wearing face masks sew fabric at a garment factory in Shenyang,!-->…

The Beijing Winter Olympics from February 4-20 are likely to have "limited overall impact", National Bureau of Statistics spokesman Fu Linghui told reporters, as pandemic-related restrictions limit travel and other…

BEIJING (AP) — China said Wednesday its economy slowed in November, rocked by coronavirus outbreaks, weak demand and supply chain disruptions. Retail sales were weaker than in October and inflationary pressures are complicating…

BEIJING (AP) — China said Wednesday its economy slowed in November, rocked by coronavirus outbreaks, weak demand and supply chain disruptions. Retail sales were weaker than in October and inflationary pressures…

The most important word for Chinese economic policy in 2022 is "stability", according to a senior Chinese Communist Party economic official.There are many hidden risks in the economy and financial sector, and China cannot return to…

Chinese President Xi Jinping Photo:…

China's policies kept its economy stagnant, underdeveloped, centrally managed, highly inefficient and isolated from the rest of the world before economic reforms and trade liberalization began some 40 years ago. But, since its opening to…

Over the past few decades, China's economy has experienced skyrocketing growth, fueled largely by huge export volumes, massive debt and an overreliance on the real estate sector. Today, the manufacturing industry is suffering from…

(Bloomberg) - China's manufacturing activity likely remained subdued in November, as weak domestic demand in the economy outweighed any relief from easing energy shortages.The official purchasing managers index for the manufacturing sector…

BEIJING: China's economy faces further downward pressure, but authorities should avoid deploying economic measures in a "campaign and aggressive" manner, state media said on Monday quoting Premier Li Keqiang .The world's second-largest…

Liu Shijin, a member of the People's Bank of China monetary policy committee, said in an online forum on Sunday that the world's second-largest economy may face "near stagflation" for the remainder of this year and through. in 2022, if…

“In the event of a longer-lasting zero COVID policy in China or a much deeper real estate slowdown, GDP growth in 2022 could drop to 4%,” said Tao Wang, chief economist for China at UBS, in a…

China's economy fared better than expected in October as retail sales rose and energy shortages eased, although a housing slump and rise in COVID outbreaks show the recovery is not yet solid. Industrial production rose 3.5% in October from…

Lujiazui photo: VCG China's economy steadily recovered in October, boosted by better-than-expected performance in the retail sector and growth in industrial production, data from the National Bureau of Statistics showed on Monday.…