Tag: economic growth

Asia News Today | Chinese react to falling stocks, Thai nightlife could reopen

China’s top economic official stepped in to reassure investors, saying Beijing would take steps to support China’s economy and financial markets. The comments follow a sell-off that was partly fueled by the reaction to Russia’s invasion of Ukraine. Liu He, vice premier and economic adviser to the Communist Party executive, said the government would take […]

China seeks to calm markets with promise of economic support | Economic news

JOE McDONALD, AP Business Writer BEIJING (AP) — China’s government on Wednesday tried to reassure jittery investors by pledging support for its struggling real estate sector, internet companies and entrepreneurs after regulatory clampdowns sent stock prices plummeting. Regulators should issue market-friendly policies to ‘reinvigorate the economy’, officials told a Cabinet meeting chaired by Vice Premier […]

Chinese premier stresses importance of stable economic growth

BEIJING, March 14 (Xinhua) — Chinese Premier Li Keqiang on Monday stressed the importance of efforts to overcome difficulties to ensure stable economic growth while chairing a State Council executive meeting. The meeting circulated the priorities set in this year’s government work report to relevant organs of the State Council and local governments, and called […]

MCHI: Buy this ETF to gain exposure to Chinese growth

Dilok Klaisataporn/iStock via Getty Images MCHI ETF, also known as iShares MSCI China ETF (NASDAQ:MCHI) is an ETF (exchange traded fund) that tracks the MSCI China Index. It fell to $52.71 on March 8, 2022 and actually hit a new 52-week low of $52.16 on the same trading day. With Chinese stocks selling off over […]

China’s January-February export growth slows, Ukraine crisis poses risk

Workers are seen on a crane above containers at the Yangshan deep-water port in Shanghai, China January 13, 2022. REUTERS/Aly Song Join now for FREE unlimited access to Reuters.com Register Exports from January to February +16.3%, against +20.9% in December, +15% in a survey Imports from January to February +15.5%, against +19.5% in December, +16.5% […]

Illegal activities of Chinese companies in India under the spotlight

The government has uncovered several cases of illegal activities by Chinese business entities, either directly or through proxies, in sectors such as telecommunications, higher education and small finance since a crackdown was launched against Chinese companies for their alleged tax evasion. Several Chinese companies in India have been involved in tax evasion, according to an […]

World News | China’s economy could be hit harder in the wake of the Ukraine-Russia crisis

Hong Kong, Mar 03 (ANI): Amid China’s economic slowdown, the country’s economic challenges may multiply and its economy may be hit harder as a result of the Ukraine-Russia crisis. China’s economic slowdown has impacted its government, with 28 of China’s 31 provincial governments announcing reduced growth targets and policy targets for 2022 compared to previous […]

Are Chinese stocks poised to outperform US stocks?

private garden/E+ via Getty Images Chinese stocks have had a difficult 2021. But as China begins to cut interest rates, while the West takes the opposite stance, Chinese equities could be on course to rally in 2022. Haining Zha, Portfolio Manager, TD Asset Management, intervenes. Transcription Kim Spoken: As investors wait for a cycle of […]

China’s economy enjoys bright prospects for high-quality development

China’s gross domestic product (GDP) grew 8.1% year-on-year to over 114 trillion yuan (about $18 trillion) in 2021, with two-year average growth of 5.1% , according to a statistical release on China’s national economic and social development. published by the National Bureau of Statics (NBS) on February 28. A worker is busy producing at a […]

Will the Chinese tiger leap in 2022?

Will the Year of the Tiger bring prosperity to China and its investors? There are tentative signs that the tide is turning. Investors hope the Year of the Tiger will bring better times for Chinese stock markets The government is taking steps to try to boost economic growth and safeguard ‘common prosperity’ The stock market […]

The digital yuan injects new dynamism into the Chinese economy | Kathmandu Grandstand

By Wu Qiuyu, People’s Daily China has rolled out a wide range of payment products to help Chinese citizens and foreigners enjoy the convenience of mobile payment with China’s digital fiat currency, or e-CNY, for small-value payments during the Olympics and 2022 Winter Paralympics. During the just-concluded Beijing 2022 Winter Olympics, many people used digital […]

Is the teaching of Chinese mathematics as good as it seems?

In 2015, Nature published a cover story about how AI company DeepMind trained machine learning models to play old arcade games. Unlike dedicated chess supercomputers like IBM’s Deep Blue, DeepMind – a Google subsidiary and the developer of AlphaGo – wanted its algorithm to be able to master any game from scratch. Instead, the algorithm […]

The dual challenge facing the Chinese economy – Analysis – Eurasia Review

On February 16, China’s National Bureau of Statistics released domestic price data for January 2022. During this month, the national consumer price index (CPI) increased by 0.9% in year-over-year (yoy), vs. 1.0% expected, and down 1.5% last month. The country’s producer price index (PPI) rose 9.1% year-on-year (vs. 9.5% expected), from 10.3% in December. At […]

Fifty Years After the Nixon-Mao China Opening, U.S.-Chinese Relations Are Getting Worse

Fifty years ago this month, Richard Nixon flew to China, met with Chairman Mao Zedong, and reopened China to the world. There is little evidence that the Chinese leader Xi Jinping will acknowledge, let alone celebrate, the golden anniversary of Nixon’s February 1972 visit. There’s no indication that the Biden administration will trumpet this anniversary, […]

Chinese economy: Beijing’s war on the credit boom

Like many small businesses across China, Zheng Weijun’s freight company had struggled to obtain credit from the state-dominated banking system. But in 2018 the 12-lorry business discovered Fincera, a peer-to-peer platform in Hebei province that collected money from retail investors starved of returns and channelled it to borrowers, mainly small trucking and logistics companies. “We […]

Stable performance of foreign trade, investment reflects the strong resilience of the Chinese economy | Kathmandu Grandstand

By Luo Shanshan, People’s Daily China’s foreign trade and investment hit new highs last year, making positive contributions to the continued recovery and development of the national economy. In 2021, China’s total merchandise trade soared to $6.05 trillion from over $4 trillion the previous year, surpassing the $6 trillion mark for the first time. Meanwhile, […]

Analysis: Challenges and resilience of the Chinese economy

A view of Shanghai, China, July 19, 2021. /CFP A view of Shanghai, China, July 19, 2021. /CFP Editor’s note: Shen Jianguang is the chief economist of JD.com. The opinions expressed in the article are the personal opinions of the author and do not represent those of CGTN. China’s economy has continued to maintain its […]

As Chinese Avoid Parenthood, Companies Suspend Bonuses, Loans and Leave | Business and economy

China needs more children to defuse a demographic time bomb that threatens to derail President Xi Jinping’s ambitions to double China’s economy by 2035. To achieve this goal, Beijing is bringing together local governments and businesses to encourage reluctant women to give birth – offering everything from baby bonuses to discounted mortgages and holiday pay […]

Record number of Chinese graduates face bleak job prospects

gettyimagesbank Amid economic headwinds and growing competition, job prospects for college graduates in China declined for the second consecutive quarter late last year, falling to the lowest point since the early months of the pandemic. of COVID-19, according to the results of a new survey shown. The number of available jobs per applicant among new […]

China’s economy guided by a unique system of governance

During the sixth plenary session of the 19th Communist Party of China Central Committee, there was a review of the history and major achievements of the CCP over the past century. From 1921 to 2021, the CCP led China to create countless economic miracles and long-term social stability. China’s economic development began to transform in […]

China’s economy guided by a unique system of governance – world

A view of the skyscrapers of Beijing’s CBD district. [Photo by Sheng Peng/For China Daily] During the sixth plenary session of the 19th Communist Party of China Central Committee, there was a review of the history and major achievements of the CCP over the past century. From 1921 to 2021, the CCP led China to […]

China’s economy continues to falter – ShareCafe

It is now clear that China’s economy is reeling from a weak housing sector as investment and prices fall, leading to lower activity elsewhere. The latest part of China’s November economic data dump yesterday showed another weakening in investment and retail sales, but a small gain for industrial production. The weak data helps explain why […]

Chinese economy could grow by 6% in 2022: former vice minister of commerce at annual GT forum

Experts and economists discuss China’s economic outlook for 2022 at the Global Times Annual Forum in Beijing on December 11, 2021. Photo: Li Hao / Global Times The Chinese economy could grow by around 6% in 2022, a year in which the economic calendar is expected to be punctuated with major events, including the Beijing […]

Key meeting aims to stabilize China’s economy next year with proactive policies amid ‘triple squeeze’

The file photo shows a view of the Lujiazui area in Shanghai. Photo: Xinhua China’s top policymakers on Friday stressed economic “stability” to address various challenges for next year, ranging from shrinking demand and supply crunch to downward pressure on the economic outlook, in a key meeting that outlines the main political priorities for 2022, […]

Five perspectives on the direction of the Chinese economy according to the thought of Xi_ 英语 频道 _ 央视 网 (cctv.com)

BEIJING, Dec. 9 (Xinhua) – At a time when the global economic landscape is rapidly changing, President Xi Jinping’s economic thinking offers a glimpse into the future of the world’s second-largest economy. Xi Jinping’s reflection on the socialist economy with Chinese characteristics for a new era, officially unveiled in 2017, is based on Xi’s new […]

GT Voice: the internal circulation of the Chinese economy is not “isolationist”

Photo: VCG In its Asia Power Index for 2021 released on Sunday, the Sydney-based Lowy Institute said that while China has improved on some indicators of resilience, its influence in Asia has waned with its ‘isolationist’ shift as well as problems. structural factors such as the aging of the population and heavy indebtedness. Since China […]

China’s economy baffles again – ShareCafe

Mixed news for China’s economy from the two manufacturing surveys earlier this month – it’s not healthy and a diagnosis of gloomy would be in order, judging by the data. China’s National Bureau of Statistics (NBS) official manufacturing survey edged back into positive (expanding) territory last month, but Caixin magazine’s competing private survey saw a […]

A strong Chinese economy presents growth opportunities for Singaporean businesses: Gan Kim Yong, Business News & Top Stories

SINGAPORE – Singapore businesses are well positioned to meet the needs of Chinese consumers, especially young people in their twenties and thirties, who are now more demanding and prefer better quality products, the trade minister said on Saturday (November 6th). and Industry, Gan Kim Yong. . China’s economy has rebounded strongly from the Covid-19 pandemic, […]

View: Can the return to traditional communism help the struggling Chinese economy?

China is the world’s largest manufacturer of labor-intensive goods. It capitalizes on the cheap labor available in countries like the Philippines, Bangladesh and India. But recent changes in economic policies indicate China’s intention to align itself more closely with traditional Marxist economics. China’s rapid economic growth has been fueled by heavy investment and a borrowing […]

Chinese economy “has come out of boiling” and deserves “caution”

Citigroup (VSCEO Jane Fraser, who heads America’s third-largest bank, said in a new interview that she expects China’s economy to grow slowly in the near term as the country continues to strengthen domestic consumption and reduce its dependence on exports. The bank approaches China with “caution,” but remains optimistic about the country’s role in long-term […]

China’s economy risks a bigger slowdown than markets realize

China’s economy is likely to slow faster than investors realize, as President Xi Jinping’s efforts to reduce his reliance on real estate and regulate tech education sectors combine with an electricity shortage and the pandemic. Bank of America Corp. and Citigroup Inc. are among those sounding the warning that the expansion will be less this […]

Chinese economy risks slowing more sharply than markets realize, big banks say

HONG KONG (BLOOMBERG) – China’s economy likely to slow faster than investors realize, as pressure from President Xi Jinping to reduce reliance on real estate and regulate education sectors to technology combines with a shortage of electricity and the pandemic. Bank of America and Citigroup are among those sounding the warning that the expansion will […]

Chinese Economy Risks Slower Downturn Than Markets Realize | World news

China’s economy is likely to slow faster than investors realize, as President Xi Jinping’s efforts to reduce his reliance on real estate and regulate tech education sectors combine with an electricity shortage and the pandemic. Bank of America Corp. and Citigroup Inc. are among those sounding the warning that the expansion will be below the […]

British business leaders confident in the resilience and vitality of the Chinese economy

© Provided by Xinhua – “I mean, any global brand, whether it’s Mintel, Market Intelligence or Automotive, Retail, Food and Beverage, if you are a global brand, you absolutely have to focus on China, ”said Matthew Nelson, newly appointed Global CEO of Mintel. – “You are seeing the strength of the rebound in the Chinese […]

Latest data shows China’s economy is recovering

Editor’s Note: Chen Jiahe is the Director of Investments at Novem Arcae Technologies. The article reflects the views of the author, and not necessarily those of CGTN. On October 18, China’s National Bureau of Statistics announced the country’s latest economic data for the third quarter of this year. The latest financial data has shown the […]

Evergrande crisis spreads and slows Chinese economy sharply, warn UBS and Barclays

The Evergrande crisis weighs on Chinese real estate investment and pulls the economy down, UBS and Barclays noted. Both banks cut their Chinese GDP forecasts for 2021, saying the energy crisis will also affect growth. The current crisis at the real estate developer Evergrande is infecting the wider Chinese economy, according to UBS and Barclays, […]

China’s economy slows as energy crisis and real estate issues kick in

Economists have warned that the slowdown is expected to deepen in the last three months of 2021 as China is rocked by power rationing and problems in the housing market. Industrial production growth stammered in September amid the power outages, from 5.3% year-on-year in August to 3.1%. Craig Botham, Chinese economist at Pantheon Macroeconomics, said […]

Shortages and spiraling costs hit China’s economy hard

The steam engine of China’s economy contracted unexpectedly last month, indicating that the global recovery from the Covd-19 crisis is faltering. China’s manufacturing purchasing managers index, a closely watched indicator of the health of the country’s economy, hit 49.6 in September, below the 50.1 forecast by analysts. China, like much of the rest of the […]

5 lessons Evergrande taught us about the Chinese economy

Last week, global markets shuddered after a Chinese company named Evergrande fell into what looks like a downward spiral into oblivion. Evergrande is – or was – the second largest real estate company in China. A few years ago, it was the most valuable real estate stock in the world. He was also involved in […]

5 lessons Evergrande taught us about the Chinese economy: Planet Money: NPR

Global markets rocked last week after a Chinese company named Evergrande fell into what looks like a downward spiral into oblivion. Evergrande is – or was – the second largest real estate company in China. A few years ago, it was the most valuable real estate stock in the world. He’s also been involved in […]

FEDU shares rise 35% as Chinese education companies overcome regulatory threats

Chinese education stocks have taken a hard hit this summer. The Chinese government is working to stimulate long-term economic growth. In doing so, he potentially seeks to force for-profit educational businesses to become non-profit organizations. This, of course, is killing the industry for investors and as a result stocks have fallen since. Some companies are […]

Beyond the setbacks of Evergrande, a slow-moving Chinese economy

Global markets have anxiously watched a huge, heavily indebted Chinese real estate company flirt with default, fearing a collapse could spill over to the international financial system. China Evergrande Group, the developer, said on Wednesday it had reached a deal that could give it some breathing space from paying off a bond due Thursday. But […]

Forbes India – China, Evergrande: beyond the problems of Evergrande, a Chinese economy in slow motion

The Evergrande Cultural Tourist City under construction, a mixed-use residential-commercial-entertainment development, in Taicang, Suzhou City, East China’s Jiangsu Province. September 17, 2021 Image by Jessica YANG / AFP BEIJING – Global markets have anxiously watched a huge, heavily indebted Chinese real estate company flirt with default, fearing a collapse could spill over into the international […]

Beyond the Evergrande unrest, a sluggish Chinese economy

BEIJING – Global markets have anxiously watched a huge, heavily indebted Chinese real estate company flirt with default, fearing a collapse could spill over to the international financial system. China Evergrande Group, the developer, said on Wednesday that it had reached an agreement that could give it some breathing space from paying a bond due […]

The Chinese economy in the doldrums

The deterioration of China’s economy is reminiscent of the causes of the disintegration of the Soviet Union. One of the main reasons is said to be huge military spending while ignoring economic growth. The recent Evergrande incident highlighted the weakening of China’s economic position. Chinese real estate colossus Evergrande is said to be in debt […]

Foreign investors show confidence in Chinese economy

Despite the challenges posed by COVID-19 and the global economic recession, China last year became the world’s top destination for new FDI. [Photo/IC] Despite the pandemic-induced market turmoil and faltering global economic recovery, China continues to attract foreign investors with its strong economic recovery and resilience, huge market, and concerted efforts to improve the business […]

Leading Business School in China Launches Report on Trends and Changes in China’s Economy

BEIJING, September 1, 2021 / PRNewswire / – Leading business school in China, Cheung Kong Graduate School of Business (CKGSB), launches report, “from China Economy: Its Past, Present and Future, “featuring eight Chinese and global experts who look at key trends and changes in from China economic development, global implications, as well as the challenges […]

The Chinese economy is starting to slow down noticeably: QNB

China’s economy is already starting to slow significantly although the pandemic shock has been small and short, followed by a rapid recovery for the country, QNB said in an economic commentary. China has outperformed all major economies for decades, becoming one of the most important growth engines in the world. This pattern of Chinese outperformance […]

China’s economy is starting to slow significantly: QNB

The Chinese economy is already starting to slow significantly although the pandemic shock has been small and short, followed by a rapid recovery for the country, QNB said in an economic commentary. China has outperformed all major economies for decades, becoming one of the most important growth engines in the world. This pattern of Chinese […]

How will the dispute between China and the islands of Japan affect the Chinese economy?

-Analysis- BEIJING – The “Made in China” export label is now an integral part of the entire Chinese economy. With Japan being its fourth trading partner, Beijing is starting to wonder how much weight the ongoing dispute between the Sino-Japanese islands will have on the Chinese economy. The Chinese Ministry of Commerce reports that direct […]

Slowdown in factory production, growth in retail sales puts pressure on Chinese economy

Production at Chinese factories and growth in retail sales slowed sharply and missed expectations in July, as new COVID-19 outbreaks and flooding disrupted business operations, adding to signs that the economic recovery was slipping away. breathless. Industrial production in the world’s second-largest economy grew 6.4% year-on-year in July, data from the National Bureau of Statistics […]

GLOBAL MARKETS – Global equities tumble as China’s economy unexpectedly stumbles

* European stocks break 10-day streak of gains * Chart: Global Asset Performance http://tmsnrt.rs/2yaDPgn * Chart: world exchange rates http://tmsnrt.rs/2egbfVh By Ritvik Carvalho LONDON, Aug. 16 (Reuters) – Global stocks fell on Monday after a series of Chinese economic indicators showed a surprisingly sharp slowdown in the engine of global growth, as did most of […]

How innovation-driven industries are driving growth in China’s economy

To give the article a head start, keep in mind that China is one of the fastest growing countries in the world. It is still a developing country, but its performance is certainly much better than many developed countries in the world. The rapid industrialization, modernization of technology and good policy making, all have contributed […]

How innovation-centric industries are driving the growth of China’s economy

To give the article a head start, keep in mind that China is one of the fastest growing countries in the world. It is still a developing country, but its performance is certainly much better than that of many developed countries in the world. the rapid industrialization, modernization of technology and sound policymakingall have contributed […]

China’s open and sustainable economy is an important driving force for the global green economic recovery

The COVID-19 pandemic has been raging around the world for more than a year. Although we have seen some signs of relief, it is far from over. As the whole world tries to control the disease, everyone is also thinking and planning the plan for a post-pandemic economic recovery. Since the onset of the pandemic, […]

Reviews | Greater certainty in an uncertain world: China’s economy ushers in a promising era

The epidemic and the continuing surge of the novel coronavirus (COVID-19) have left the global economy in limbo. Faced with the impact of the pandemic during winter and spring, as well as uncertainties in the external environment, 1.4 billion Chinese all worked under the strong leadership of the CPC Central Committee, along with President Xi […]

Chinese economy strengthens in April

SHANGHAI: China’s economic recovery gained a foothold in April, but rising commodity prices are starting to erode growth and require targeted political support, officials and experts said. Industrial production remained dynamic in April while investment in fixed assets recovered more quickly. However, retail sales growth slowed last month, the National Bureau of Statistics (NBS) said. […]

China’s economy grew as the US, Japan and Europe struggled with Covid-19

BEIJING — China’s economy grew 2.3% in 2020 as the recovery from the coronavirus pandemic gathered pace while the United States, Europe and Japan battled disease outbreaks. Growth in the three months to December rose to 6.5% from a year earlier, from 4.9% in the previous quarter, official data showed Monday. At the start of […]

Entrepreneurs from China, Japan and South Korea optimistic about Chinese economy in 2021: survey

A container ship is seen at the Pacific International Container Terminal at Tianjin Port in north China’s Tianjin Municipality, Jan. 11, 2021. (Xinhua / Zhao Zishuo) Most entrepreneurs and top executives in China, Japan and South Korea are optimistic about China’s economic growth this year, according to a survey by the Global Times Research Center, […]

Chinese economy is recovering thanks to Australian stimulus packages

Canberra has spent billions on stimulus packages this year, but huge sums are going directly to China, helping its economy, not ours. In January, factories and workshops across China went eerily silent as Beijing sent most of its country into what was then the toughest and most widespread lockdown in modern history. A nation that […]

Coronavirus seems tamed, Chinese economy begins to recover

BEIJING – China has rekindled its factories after having largely brought the coronavirus epidemic under control within its borders. The question now is who will buy the products produced by these factories. Industrial production jumped in China last month more than twice as fast as most economists expected, official data released Friday by the country’s […]

Wuhan coronavirus will hurt China’s economy, inflation and debt balance

The Wuhan virus has markets in turmoil and Chinese authorities are racing to stop its spread. Dozens of people have been killed and thousands infected across the country. Cases of the virus have also been discovered in the United States. Its impact on the Chinese economy will be significant, given that the virus spreads during […]

China’s economy is stabilizing

Is the Chinese economy recovering from its slowdown at the end of last year? “Yes”, answer Gavyn Davies, Goldman Sachs and many others. During my recent visit to Shanghai and Beijing, a number of economists and private businessmen also expressed growing optimism about China’s economic prospects. Why do they think that and are they probably […]

Why the Chinese economy has stolen and India has just grown

Construction of the new Kangbashi district in Ordos, Inner Mongolia, China. Photographer: Nelson… [+] Ching / Bloomberg 2011 Bloomberg Finance LP The two countries have roughly the same population, similar average unemployment rates, and current GDP growth rates that are among the highest in the world. Yet China’s economy is almost five times the size […]

China’s economy cools, leaving households strained

Disposable income growth slowed in China last year as the cost of living rose, underscoring the growing strains Chinese households face as the economy cools. Beijing is counting on the country’s large consumer base to cushion the general slowdown. But as the outlook darkens, the Chinese are tightening their belts, buying fewer cars, electronics and […]

Cautious consumers are feeling the pinch of China’s slowing economy | China

Few people shop at the Beijing Yintai Centre, an upscale shopping center in the Chinese capital’s central business district. Store workers say foot traffic has been low, even when holiday discounts have been offered. Office workers walk past empty stores like Hermès, Dolce & Gabbana and Cartier, eating fruit they brought for lunch. Li Xin, […]

Slowing Chinese economy means more instability – The diplomat

Advertising At the end of the 19th National Congress of the Chinese Communist Party (CPC), “Xi Jinping’s Thought on Socialism with Chinese Characteristics for a New Era” was enshrined in the Party constitution. Included in Xi’s political theory was the declaration that “” Improving people’s livelihoods and well-being is the main goal of development. “ […]

What contribution has the Chinese economy made to the world?

The contribution of the Chinese economy to the world is mainly reflected in “Made in China“. For example, two-thirds of the ornaments used in the West in the celebration of Christmas each year come from Yiwu, a commercial city located in the center of zhejiang province. Unlike in the past, structural reform on the supply […]

Why Chinese education companies are chasing American teachers

Students exercise in a classroom in China’s Hebei Province. (Photo by VCG via Getty Images) If there’s one thing Jing Jing thinks his four-year-old daughter Jenny should start learning early, it’s English. The 31-year-old teacher, who lives in Beijing, wants Jenny to speak the language like a native, so that she can become an open […]

The Future of Chinese Sport – The Diplomat

Asia Life Without state support or public attention, the team played their very first World Cup. Advertising Later this month, the Chinese Women’s National Lacrosse Team will make their first appearance at the Women’s Lacrosse World Cup in Guildford, England, playing against teams representing Belgium, the Czech Republic, Israel and the Netherlands. . As a […]

Is the Chinese economy about to fall off a cliff?

The Conference Board, an international economic research organization funded by corporate donations, came out with a new report claiming that China’s economic miracle is over and things are about to get sticky for what is now, by some measures, the world’s second-largest economy. Over the next few years, China is likely to face a period […]

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