Tag: chinese economy

Chinese Officials: Government Work Report Changes Economy and Welfare

Chinese officials have combed through numerous revisions to the government work report, presented by Premier Li Keqiang, saying the changes cover wide-ranging questions about China’s development strategy as the rally The country’s annual policy, known as “Two Sessions”, ended on Friday. Xiang Dong, deputy director of the State Council Research Office, said no less than […]

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 […]

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 […]

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 […]

Frequent appearances in international sporting events, Chinese brands go global – International – Overseas Network

Home » Health » Frequent appearances in international sporting events, Chinese brands go global – International – Overseas Network February 28, 2022 Abstract: With the rapid development of the Chinese economy and the acceleration of its participation in economic globalization, the international demand for Chinese brands is becoming stronger and stronger. The […]

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, […]

The Best Regional Chinese Food in NYC

More than 50 years ago, the restaurants concentrated in Chinatown were almost exclusively Chinese-American and Cantonese. It wasn’t until the mid-1960s that the first Sichuan restaurant appeared, joining a few establishments already offering food from Beijing, Shanghai, and Taiwan. But these early regional restaurants presented a pallid take on their cuisines, packing their menus with […]

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 […]

A Reckoning for the Chinese Economy

Many observers look at China and see its leadership playing a masterful game. They see China refusing to bend its policies to fit global norms and successfully going its own way. The reality is that Beijing has tried to bend repeatedly under President Xi Jinping but has almost broken each time and has had to […]

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 […]

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

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 Covid […]

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 […]

Import growth signals accelerating expansion of China’s economy

China’s industrial and supply chains will help withstand growing downward pressure and maintain the upward momentum of exports over the coming months, according to experts, who said robust import growth indicated. signs of accelerated expansion of the Chinese economy. Imports increased about 22% year-on-year (YoY) to reach 15.81 trillion yuan between January and November. In […]

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, […]

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 […]

Alibaba Stock: Chinese Economy, Government and Valuation (NYSE: BABA)

Guang Niu/Getty Images News Alibaba (BABA) is a stock that retail investors are watching closely due to the big crash it suffered from the highs reached in October 2020. A series of circumstances took the stock back to price levels we don’t know. hadn’t seen since practically 2017 if we exclude the market retracement experienced […]

Weekend briefing; “Downside risks” in the Chinese economy

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 his […]

Chinese economy supports recovery | Manila weather

Read this in the digital edition of The Manila Times. BEIJING: The Chinese economy has maintained a healthy recovery as policies to coordinate Covid-19 control and economic development bear fruit, and short-term headwinds have started to ease, official data showed on Monday. . The country’s main economic indices improved in October, with industrial production and […]

China’s economy cannot walk on one leg

Qingdao-Yinchuan Expressway meets Beijing-Lhasa Expressway in Yinchuan, Ningxia Hui Autonomous Region. [Photo by Tian Manchao/For China Daily] Economic data for the first three quarters of this year shows that despite the challenges of the pandemic, rising commodity prices and energy shortages, the economy as a whole has maintained a strong recovery trend. and the main […]

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 […]

3 Chinese education stocks to buy amid rumors of new regulations

Chinese education stocks have seen an interesting move throughout 2021. And investors should keep a very close eye on this sector. Why? For-profit educational enterprises represent a significant part of the Chinese economy. However, due to Beijing’s crackdown on the area earlier this year, investors are reluctant to take the plunge. In recent months, the […]

Australia faces “downside risks” from slowing Chinese economy

The slowdown in the construction sector in China and decreased demand for iron ore presents great challenges for the Australian economy, warned Treasurer Josh Frydenberg. He spoke to Today after new figures showed that output at Chinese factories in October fell more than expected. “The Chinese economy is starting to slow down for both cyclical […]

Citi CEO: Chinese economy is “out of the boil” and deserves “caution” – Oakland News Now

https://www.youtube.com/watch?v=7N1qeDYtZG0 Oakland News Now – CEO of Citi: Chinese economy is “out of the boil” and deserves “caution” – video produced by the YouTube channel with the logo at the top left of the video. OaklandNewsNow.com is the original blog post for this type of video blog content. CitiCEO #China #digitalcurrency In this episode of […]

Digital RMB would wipe out Macau as a “black hole” for the Chinese economy – Analyst

The introduction of the digital RMB in the Macao SAR would allow the Chinese central authorities to “plug” a “black hole” that could have withdrawn nearly 600 billion dollars from the economy of the country, suggested a consultant in plays. Speaking at a conference held by Britcham Macao today (Tuesday), Ben Lee, gaming consultant and […]

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 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 […]

The impending fall of Evergrande symbolizes the current plight of the Chinese economy

The Chinese real estate giant, the Evergrande group, informing overnight that there is “no guarantee” that it will be able to meet its debts of 305 billion dollars, starting with a deadline on Monday which could trigger a default, the implications for global financial markets, as well as for the Group’s interests in entertainment, sport […]

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 […]

Weaker Chinese economy weighs on London markets

Monday, October 18, 2021 9.45 a.m. The weakening Chinese economy weighed on London markets this morning as investor sentiment deteriorated amid fears the global supply chain crisis might last longer than expected. The capital’s premier FTSE 100 lost 0.12% to 7,226.20 points in the opening session. Read more The energy crisis is suffocating the Chinese […]

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, […]

Concerns about the Delta Plus variant, the health of the Chinese economy and concerns about UK interest rates

The FTSE 100 opened lower amid concerns over the delta plus variant of the coronavirus, the health of the Chinese economy and a governor’s interest rate warning. The main index of London lost 11 points to 7,222 at the start of the session. () was an exception and climbed 67% after receiving a takeover offer […]

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 […]

Luxury depends heavily on the Chinese economy for its future growth

SIMON BROWN: I am now chatting with Peter Little, an investment analyst at Anchor Capital. Peter, I enjoy the early hours. you turn off a note last week on luxury and China. Right at the top there is a graphic (see below) that absolutely blew me away. I knew China was important, but if you […]

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 […]

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 […]

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 […]

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

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 second-largest […]

Delta variant of Covid-19 hits Chinese economy as service sector contracts

The Chinese economy was hit by the delta virus outbreak in August, adding to signs of slower growth in the second half of the year and fueling speculation about increased central bank support. Official surveys of purchasing managers showed the service sector contracted for the first time since February 2020 as consumers cut spending and […]

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 […]

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 […]

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 […]

Pricing of a “school district house” – The Chinese Education Quality Division

Recently, a 400 square meter house went up for sale for a whopping $ 21.2 million. That’s an astronomical sum, even for a property advertised as being adjacent to a good school which guarantees full entry to school for the children of buyers. As word spread of the exorbitant price for this “school district house”, […]

Booming Chinese economy sucks South African exports

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 of […]

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

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 minister […]

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 […]

New industries focused on innovation, businesses become a bigger part of China’s economy in 2020 despite COVID-19

A delivery robot is seen at the 22nd China High Tech Fair (CHTF) held in Shenzhen, south China’s Guangdong Province, November 11, 2020 (Xinhua / Mao Siqian) The most dynamic part of the Chinese economy that characterizes the country’s transition to innovation-driven growth has challenged the fallout from the COVID-19 pandemic to generate more added […]

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, […]

Belogour: Stimulus checks and PPP loans boost Chinese economy | Chroniclers

The possibility of any income that Americans earn is that it ends up being disposable income. After paying for necessities like rent, mortgage, food, car and insurance payments, and maybe some savings, a significant chunk of what’s left goes to China. Over the past 40 years, the US economy has shifted from a manufacturing economy […]

Stimulus Checks and PPP Loans Boost China’s Economy | Local News

The possibility of any income that Americans earn is that it ends up being disposable income. After paying for necessities like rent, mortgage, food, car and insurance payments, and maybe some for savings, a significant chunk of what’s left goes to China. Over the past 40 years, the US economy has shifted from a manufacturing […]

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. […]

Chinese economy posts record rebound in first quarter

ANKARA A year after the start of the coronavirus pandemic, the Chinese economy grew at a record 18.3% in the first quarter of 2021, according to official figures released on Friday. Figures from the National Bureau of Statistics (NBS) from January to March showed that China’s gross domestic product (GDP) rose 18.3 percent on “strong […]

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

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 2021 […]

The current state of the Chinese economy

Pakistan’s relations with China would depend to a large extent on the latter’s economic situation. The promised package of investments that China has included in the CPEC investment program would produce returns if the Chinese economy remains vibrant and vibrant. Recent data released by the authorities shows a GDP growth rate of 2.3% in 2020, […]

Chinese economy set to grow 8.2% in 2021: UBS economist

GDP photo: VCG China’s GDP growth is expected to reach 8.2% in 2021, with domestic consumption unleashing additional driving force to support growth amid the shrinking COVID-19 pandemic globally following large-scale vaccination, a large investment bank said on Tuesday. The global economy will gradually recover and the Chinese economy is expected to continue to recover, […]

The pandemic has rebuilt the Chinese economy. Other countries should prepare now.

China is the only major economy to have posted positive growth in 2020. By the third quarter of the year, GDP had returned to its pre-pandemic and economic crisis level. The most recent indicators suggest that the country’s economic rebound is accelerating. The most important factor in this remarkable performance was the containment of the […]

The Chinese economy is recovering. But there are gaps | Analysis | World news

China’s factories and services activity, according to official Chinese statistics released this week, continued to expand in December, supported by pent-up demand and strong export demand, fueling Beijing’s recovery from the shock. of the coronavirus. Its economy is expected to grow by around 2% for the year, reflecting a recovery that is beating other major […]

Chinese economy plans to “overtake the United States by 2028”

China will overtake the United States to become the world’s largest economy by 2028, five years ahead of schedule, according to a report. China is the only major global economy that will have grown in 2020. Photo: 123RF The UK-based Center for Economics and Business Research (CEBR) said China’s “skillful” handling of Covid-19 would boost […]

Biden risky for Chinese economy, likely to impose sanctions

Beijing [China], November 29 (ANI): As tensions between the United States and China continue to escalate under President Donald Trump’s current administration due to Beijing’s human rights violations and withholding of information vital issues regarding COVID-19, a leading economist has said the new Biden administration may impose sanctions affecting the Chinese economy next year. According […]

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 […]

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

(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 size […]

Chinese economy overtakes the United States despite Beijing’s bashing

The irony is striking. While Donald Trump and Joe Biden have been busy bashing Beijing ahead of the presidential election, the Chinese economy has rebounded vigorously. Amid the coronavirus pandemic, China is emerging as the engine of global growth. China is the only major economy expected to post positive growth this year, along with IMF […]

Chinese economy grows 4.9% in third quarter

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 of […]

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 […]

16 facts about the Chinese economy 2020 at a glance

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 authentic […]

Dealing with China’s economy after COVID-19

As the COVID-19 crisis begins to dissipate in China, a new challenge is emerging for the country; selective global decoupling from the Chinese market, write Stephen Nagy and Hasumi Tani. In addition to being closely linked to the impacts of COVID-19, the increasing withdrawal of foreign companies from China is partly linked to the fact […]

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% […]

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 […]

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 […]

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 […]

History of Chinese Economy 1200-2017

The Yongle Emperor. Admiral Zheng He was one of his favorites. Wikimedia The Chinese economy led its European counterpart by leaps and bounds during the early Renaissance. China was so far ahead, in fact, that economic historian Eric L. Jones argued that the Chinese empire “was a hair’s breadth away from industrializing in the 14th […]

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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