Tag: china economy

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 […]

Return of lockdowns send Chinese stocks tumbling

Tuesday, March 15, 2022 3:07 p.m. China’s top index, the CSI 300, fell 4.57% yesterday, bringing total losses for the year to date to almost 20% (Photo by Anthony Kwan/Getty Images) The reimposition of draconian lockdown measures at one of China’s major technology and manufacturing hubs to tame an outbreak of Covid-19 cases sent stocks […]

Many challenges for the Chinese economy – ShareCafe

If China’s economic targets for 2022 are any guide, the country is eyeing a year of slowing growth, rising inflation and a planned sharp increase in government spending to keep the economy from sliding into stagflation. . The targets, confirmed at the National People’s Congress in Beijing on Saturday, strongly suggest that 2022 will be […]

Top Chinese graduates choose to stay home for postgraduate studies

The number of graduates from major Chinese universities continuing their studies abroad is on a downward trajectory that predates the pandemic and has accelerated throughout it, possibly signaling a major shift in global mobility academic talent. Times Higher Education analysis of graduate employment reports published by China’s top 10 universities, assessed by THEindicates that the […]

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 […]

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 […]

For Chinese spectators, Beijing Winter Olympics bring pride but also alienation amid pandemic measures

For Bai, the Olympics have been a welcome distraction from these harsh realities and a reminder that she and her country are moving forward. The last time Beijing hosted the Olympics, in 2008, it didn’t even have a television. Today, she owns an apartment in the suburbs of the capital. “Watching the Winter Olympics this […]

Analysis: Challenges and resilience of the Chinese economy

[ad_1] 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 […]

Bad Moon Rising for the Chinese Economy – ShareCafe

Not good news from China with two reports showing the pace of economic activity slowed noticeably in January ahead of the week-long Lunar New Year break from tomorrow and the 2022 Winter Olympics in from Friday. The official survey of manufacturing and services and the private sector survey of the business magazine Caixin confirmed the […]

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 […]

Xi himself is a risk to China’s economy: report

[ad_1] Highlighting the side effects of Chinese President Xi Jinping’s “brutal and extreme” policies, a report in a Japanese daily said Xi himself posed a risk to China’s economy. It comes as experts say weakening growth in the final months of 2021 could spell trouble as China grapples with a deepening housing slump, the latest […]

Chinese economy 2022: advisors expect 5.5% growth

China’s economy grew more than 8% last year despite significant headwinds, and top economic advisers on Friday predicted continued growth for the year ahead. Zhu Guangyao, adviser to the State Council and former vice finance minister, said growth this year should be within a potential range of 5 to 6 percent to maintain healthy and […]

China’s economy maintains recovery momentum in November

[ad_1] China’s economy continued its recovery momentum in November, with leading indicators remaining within a reasonable range, according to data from the National Bureau of Statistics (NBS), which recently revealed that retail sales of consumer goods during the months were up 3.9% year-on-year. (Year), while value-added industrial production grew 3.8% year-on-year. Capital investment rose 5.2 […]

China’s economy continues to falter – ShareCafe

[ad_1] 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 […]

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

[ad_1] 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 […]

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 […]

Weekend briefing; “Downside risks” in the Chinese economy

[ad_1] Here is our recap of key overnight economic events affecting New Zealand with news that the IMF is highlighting “downside risks” in the Chinese economy. But first, let’s note that the Biden administration is about to decide whether to renew Jay Powell as head of the US Fed, or move on to one of […]

GT Voice: Chinese economy will not be weighed down by the Evergrande crisis

[ad_1] Illustration: Tang Tengfei / Global Times The world’s most indebted real estate developer, China Evergrande Group, has managed to avoid default time and time again, since news of its liquidity crunch emerged. The fact that the Chinese real estate giant’s capital pipeline is not as tight as expected has even sparked speculation about how […]

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

[ad_1] 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 […]

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

[ad_1] 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 […]

China’s economy risks a bigger slowdown than markets realize

[ad_1] 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 […]

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

[ad_1] 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 […]

Chinese Economy Risks Slower Downturn Than Markets Realize | World news

[ad_1] 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 […]

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

[ad_1] 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 […]

Shortages and spiraling costs hit China’s economy hard

[ad_1] 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 Chinese economy in the doldrums

[ad_1] 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 […]

Chinese economy could face problems as corporate debt levels hit new high

[ad_1] ANI | Update: Sep 11, 2021 11:22 PM STI Beijing [China], Sept. 11 (ANI): China’s economy could face challenges as corporate debt levels hit a new high in the country and have the potential to destabilize the economy, a news article said on Friday .Regulators nationwide on Friday ended bond trading by the nation’s […]

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

[ad_1] 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 […]

The Chinese economy is starting to slow down noticeably: QNB

[ad_1] 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 […]

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

[ad_1] 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 […]

Booming Chinese economy sucks South African exports

[ad_1] Through Helmo preuss Jul 20, 2021 Share this article: To shareTweeterTo shareTo shareTo shareE-mailTo share China’s booming economy is absorbing massive amounts of South African exports as it needs our exports of minerals such as coal and iron ore to fuel its economy. According to the latest data from the General Administration of Customs […]

GT Voice: Australia’s role in China’s economy should not be overstated

[ad_1] Artwork: Tang Tengfei/GT Even during his tour which aims to strengthen Canberra’s trade relations with several Asia-Pacific countries, Australian Trade Minister Dan Tehan did not forget to express in the media his patience to ease trade disputes with the China. Australia wants to resolve its differences with China through dialogue, the trade minister told […]

GT Voice: Australia’s role in China’s economy should not be overestimated

[ad_1] Illustration: Tang Tengfei / GT Even on his tour aimed at strengthening Canberra’s trade relations with several Asia-Pacific countries, Australian Trade Minister Dan Tehan did not forget to express to the media his patience with the mitigation of trade disputes. with China. Australia wants to resolve its differences with China through dialogue, the trade […]

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

[ad_1] 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 […]

Chinese Economy Facing Many Jobs and Private Sector Challenges, Premier Li Says

[ad_1] ANI | Update: May 12, 2021 3:37 PM STI Beijing [China], May 12 (ANI): China’s economy faces many challenges ranging from job creation to government bureaucracy and low efficiency despite strong recovery in the first quarter of 2021, said the country’s Premier Li Keqiang.Li made the remarks at an annual national clean governance conference […]

Chinese economy grew by more than 18% in the first quarter

[ad_1] BEIJING — China’s economy jumped 18.3% in the first quarter from a year ago, a record growth rate that reflects the recovery from a coronavirus-induced low in early 2020 and the continued momentum of the second largest economy in the world. The growth rate of gross domestic product in the first three months of […]

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

[ad_1] 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 […]

Chinese economy is recovering thanks to Australian stimulus packages

[ad_1] 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 […]

Xi sees less than 5% growth rate in new view of China’s economy

[ad_1] (Bloomberg) – President Xi Jinping reports that his long-term view of China’s economy likely requires it to grow at an average rate of less than 5% per year, well below the historic trend of the past 30 years . Xi told the Communist Party Central Committee last week that the economy could double in […]

Why China’s Dramatic Economic Recovery Might Not Hold Up | chinese economy

[ad_1] Beijing aroused envy, admiration and not a bit of resentment when it released data last week confirming it was the first major economy to start growing again after the devastation caused by Covid-19 in the first semester. China appeared to have achieved the V-shaped recovery pursued by finance ministers around the world, after launching […]

Chinese economy grows 4.9% in third quarter

[ad_1] China’s economy grew 4.9% year-on-year in the third quarter as industrial growth fueled the country’s recovery from the coronavirus pandemic. The expansion of gross domestic product fell short of expectations, but was well above a 3.2 percent increase in the second quarter and represented a sharp turnaround from a historic decline at the start […]

China’s economy sees ‘vigorous rebound’ – SupChina

China’s economy sees ‘vigorous rebound’ – SupChina Jump straight to content Search any company based in China Search any company based in ChinaWang YulinBosera Fund-Ansteel Group Co., Ltd.-Bosera Fund Xin’an No. 1 Unique Asset Management PlanSupply chainJPMorgan Chase Bank NA, Taipei Branch, in custody for the Vanguard Total International Stock Index Fund, a series of […]

16 facts about the Chinese economy 2020 at a glance

[ad_1] As we know, China got freedom in 1949 and India in 1947, but the two countries still have many differences in many areas of economy. The greatest strength of the Chinese economy is its manufacturing sector and its huge middle class. China is called the Iron Curtain economy. It is very difficult to get […]

China’s economy will emerge stronger

Residents shop for food and supplies at a supermarket in Wuhan, central China’s Hubei Province, March 24, 2020. Xinhua/ That China’s economy contracted 6.8% year-on-year in the first quarter should come as no surprise. Yet the labor market and food supply chains remain largely stable despite the economic crisis, which is a powerful sign that […]

Chinese economy shrinks as coronavirus hits global trade | Chinese economy

China’s economy shrank 6.8% in the first three months of 2020, the first such contraction ever recorded in the country and a stark sign of the financial impact of the coronavirus pandemic. The news came as Chinese authorities revised the death toll in Wuhan, the hardest-hit city and where the virus first emerged, up 50% […]

As more stores close, coronavirus hurts China’s economy and could change consumer behavior

This is an archived article and the information in the article may be out of date. Please look at the timestamp on the story to see when it was last updated. The economic toll of the virus outbreak in China continues to rise for companies based inside and outside the country as factories are shut […]

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 […]

Global Markets Rise Despite Slowest Chinese Growth in 30 Years | Chinese economy

China’s economy stumbled last year to its lowest growth rate in nearly 30 years after a trade war with the United States wreaked havoc on manufacturing output and consumer spending. The world’s second largest economy grew by 6.1% in 2019, compared to 6.8% in 2018, and the lowest rate in 29 years. However, investors cheered […]

For some reason, even a bad Chinese economy looks pretty good

The Bund Bull statue in Shanghai. The economy slowed in the consensus forecast. Consequently, the … [+] The Deutsche X-Trackers China A-Shares ETF is up almost 1% on Monday morning. The Shanghai Composite Index was up 0.4%. Qilai Shen//© 2018 Bloomberg Finance LP It’s getting harder and harder to trust the numbers coming out of […]

Trump fact check: Is China’s economy really ‘collapsing’? | Chinese economy

Donald Trump claimed ahead of his crucial meeting with Xi Jinping that China’s economy was “collapsed” and Beijing was desperate to strike a trade deal to avoid a deeper downturn. So, is there any truth to the US president’s claims? 1. It’s true that China is slowing down a bit, but not much China has […]

Why the Chinese economy has stolen and India has just grown

[ad_1] 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 […]

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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