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China GDP Growth

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

The injection expands an effort to ease the funding pressure that had been building in the market after China kicked off a $1.4 trillion program to help local governments cope with their off-balance

Updated On: 29 Nov 2024 | 5:06 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

The data comes in the wake of shrinking manufacturing activity and raised concerns about the outlook for exports

Updated On: 09 Aug 2024 | 9:43 AM IST

The world's second-biggest economy grew much more slowly than expected in the second quarter

Updated On: 05 Aug 2024 | 8:29 AM IST

Trade tensions and local government debt risks leave Beijing few alternatives to revving up consumer stimulus

Updated On: 02 Aug 2024 | 7:58 AM IST

The official purchasing managers' index (PMI) fell to 49.4 in July from 49.5 in June

Updated On: 31 Jul 2024 | 8:46 AM IST

In dollar terms, gold prices hit $2,331/oz at the end of H1-CY24, according to WGC data, rising 12.1 per cent during this period

Updated On: 29 Jul 2024 | 9:56 AM IST

By 2030, Volkswagen plans more than 30 new electric or hybrid models in China and hopes to boost sales to about 4 million, from about 3 million today, lifting its market share to 15 per cent

Updated On: 23 Jul 2024 | 1:28 PM IST

The cuts come after China last week reported weaker-than-expected second-quarter economic data and its top leaders met for a plenum that occurs roughly every five years

Updated On: 22 Jul 2024 | 10:43 AM IST

The elite in the Land of the Dragon are refraining from ostentatious purchases, putting the nation's luxury market under strain

Updated On: 16 Jul 2024 | 6:11 PM IST

China's ruling Communist Party is starting a four-day meeting Monday that is expected to lay out a strategy for self-sufficient economic growth in an era of heightened national security concerns and restrictions on access to American technology. While the meeting typically focuses on such long-term issues, business owners and investors will also be watching to see if the party announces any immediate measures to try to counter a prolonged real estate downturn and persistent malaise that has suppressed China's post-COVID-19 recovery. There's a lot of unclarity of policy direction in China, which is weighing on consumer and investor confidence, said Bert Hofman, the former World Bank country director for China and a professor at the National University of Singapore. This is a point in time where China needs to show its cards. Economic growth slowed to 4.7% on an annual basis in the April to June quarter, the government reported Monday. The outcome of the meeting will send a message t

Updated On: 15 Jul 2024 | 11:30 AM IST

The first, second and seventh plenums typically focus on the power transition between Central Committees

Updated On: 15 Jul 2024 | 11:26 AM IST

The central bank has sounded warnings and introduced a flurry of measures, including plans to sell treasury bonds, to cool a long-running bond rally

Updated On: 11 Jul 2024 | 11:52 AM IST

Global investors see the investment pitch with skepticism, partly due to Xi Jinping's policies

Updated On: 04 Jul 2024 | 7:23 AM IST

Business confidence levels eased to the lowest level since March 2020 with concerns about the global economy and rising competition

Updated On: 03 Jul 2024 | 8:57 AM IST

A base year is the reference year whose prices are used to calculate the real growth (minus inflation) in national income

Updated On: 01 Jul 2024 | 9:26 PM IST

The surveys show how Chinese firms are ramping up production despite weak domestic demand, which Beijing has failed to reverse with a rescue package for an ailing property sector

Updated On: 01 Jul 2024 | 11:43 AM IST

Demand for consumer and intermediate goods was stronger than that for investment goods

Updated On: 01 Jul 2024 | 7:57 AM IST