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China Economic Growth

Bloomberg News reported on Tuesday that the U.S. government was weighing harsher sanctions against Russia's lucrative oil trade, seeking to tighten the squeeze on the Kremlin's war machine just weeks

Updated On: 11 Dec 2024 | 5:22 PM IST

In the previous session, the Sensex settled at 81,510.05, up marginally by 1.59 points. In contrast, Nifty settled at 24,610.05, down 8.95 points, or 0.05 per cent

Updated On: 11 Dec 2024 | 7:42 AM IST

Traders are pricing an 87per cent chance of a 25-basis-point interest rate cut at next week's Fed meeting, up from 61.6per cent last week, according to the CME Group's FedWatch Tool, which would mark

Updated On: 09 Dec 2024 | 3:52 PM IST

President Xi Jinping, at a symposium on Dec. 6, urged full preparation to achieve 2025 economic targets, and said the country's current development faces many challenges

Updated On: 09 Dec 2024 | 3:42 PM IST

The Caixin/S&P Global services purchasing managers' index (PMI), released on Wednesday, fell to 51.5 from 52.0 in October

Updated On: 04 Dec 2024 | 10:30 AM IST

Monetary policy support will be critical to China's economy next year as the US president-elect has vowed to impose steep tariffs on Chinese goods

Updated On: 03 Dec 2024 | 9:43 AM IST

Earlier this month, China unveiled a 10 trillion yuan ($1.38 trillion) debt package to ease municipal financing strains

Updated On: 30 Nov 2024 | 8:50 AM IST

The China Daily also noted that Morgan Stanley received regulatory approval in March to expand its China operations, citing this as evidence of foreign financial firms' enthusiasm for investing

Updated On: 28 Nov 2024 | 11:02 AM IST

Morgan Stanley downgraded China to slight 'underweight' from 'equal weight' in emerging markets

Updated On: 18 Nov 2024 | 12:21 PM IST

Officials estimate swapping hidden for official debt will save 600 billion yuan in interest for local governments over five years. Having money available for principal repayment

Updated On: 11 Nov 2024 | 10:09 AM IST

China is expected to announce much-anticipated steps to boost its flagging economy Friday at the end of this week's meeting of its legislature. Analysts say bold, multi-trillion yuan measures are needed to reinvigorate the world's second largest economy, which has yet to bounce back fully from the COVID-19 pandemic. The central bank loosened restrictions on borrowing in late September, sparking a stock market rally, but economists say the government needs to do more to ignite a sustained recovery. Government officials have indicated that could come at this week's meeting of the Standing Committee of the National People's Congress, which must give official approval to any new spending. The economy has shown signs of life in the last two months. Purchase subsidies offered to people who trade in old cars or appliances for new ones helped auto sales rebound in September. A survey of manufacturers turned positive in October after five straight months of decline, and exports surged 12.7%

Updated On: 08 Nov 2024 | 3:00 PM IST

Honda said last week its global vehicle sales shrank 1.5per cent to 2.8 million over the first nine months of the year, as a hefty 29per cent drop in China and a 6 per cent fall in Asia and Oceania

Updated On: 06 Nov 2024 | 10:45 AM IST

China's imports have slowed sharply this year as the world's second-largest economy faces strong deflationary pressures due to weak domestic demand and a long-standing property market crisis

Updated On: 05 Nov 2024 | 11:15 AM IST

Apple chief Tim Cook met with Chinese Minister Jin Zhuang Long on Wednesday during his second visit to China this year, amid rising competition for Apple in the Chinese market

Updated On: 24 Oct 2024 | 3:55 PM IST

The one-year loan prime rate (LPR) was lowered by 25 basis points to 3.10 per cent from 3.35 per cent,

Updated On: 21 Oct 2024 | 9:08 AM IST

China's export growth slowed sharply in September while imports also decelerated, undershooting forecasts by big margins and suggesting manufacturers are slashing prices

Updated On: 18 Oct 2024 | 11:00 PM IST

China's economy expanded 4.6 per cent in the third quarter from a year earlier

Updated On: 18 Oct 2024 | 8:55 AM IST

China's central bank is contemplating additional measures to stimulate the country's property sector, including allowing policy banks and commercial lenders to provide loans to developers

Updated On: 17 Oct 2024 | 2:33 PM IST

While not the bazooka some investors had been calling for, analysts say 6 trillion yuan in extra debt in the next three years could help stabilise growth

Updated On: 15 Oct 2024 | 2:26 PM IST

"Bilateral trade has maintained a momentum of growth," Chinese state media cited Li as telling Russian Prime Minister Mikhail Mishustin at the time

Updated On: 15 Oct 2024 | 10:29 AM IST