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
The Caixin/S&P Global services purchasing managers' index (PMI), released on Wednesday, fell to 51.5 from 52.0 in October
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
China's economy expanded 4.6 per cent in the third quarter from a year earlier
The data comes in the wake of shrinking manufacturing activity and raised concerns about the outlook for exports
The world's second-biggest economy grew much more slowly than expected in the second quarter
Trade tensions and local government debt risks leave Beijing few alternatives to revving up consumer stimulus
The official purchasing managers' index (PMI) fell to 49.4 in July from 49.5 in June
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
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
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
The elite in the Land of the Dragon are refraining from ostentatious purchases, putting the nation's luxury market under strain
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
The first, second and seventh plenums typically focus on the power transition between Central Committees
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
Global investors see the investment pitch with skepticism, partly due to Xi Jinping's policies
Business confidence levels eased to the lowest level since March 2020 with concerns about the global economy and rising competition
A base year is the reference year whose prices are used to calculate the real growth (minus inflation) in national income
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
Demand for consumer and intermediate goods was stronger than that for investment goods