Business Standard

China Gdp Growth

China to adopt proactive fiscal policy to spur economic growth in 2025

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

China to adopt proactive fiscal policy to spur economic growth in 2025
Updated On : 09 Dec 2024 | 3:42 PM IST

China's services activity expansion eases in November, shows PMI data

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

China's services activity expansion eases in November, shows PMI data
Updated On : 04 Dec 2024 | 10:30 AM IST

PBOC injects $111 billion in liquidity as local bond supply surges

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

PBOC injects $111 billion in liquidity as local bond supply surges
Updated On : 29 Nov 2024 | 5:06 PM IST

Chinese GDP gets little cheer, while dollar rises for straight third week

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

Chinese GDP gets little cheer, while dollar rises for straight third week
Updated On : 18 Oct 2024 | 8:55 AM IST

China's CPI in July rises faster than expected, producer deflation persists

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

China's CPI in July rises faster than expected, producer deflation persists
Updated On : 09 Aug 2024 | 9:43 AM IST

China's services activity expands further, external demand slows: PMI data

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

China's services activity expands further, external demand slows: PMI data
Updated On : 05 Aug 2024 | 8:29 AM IST

China needs more than 'incremental' consumer measures for long-term growth

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

China needs more than 'incremental' consumer measures for long-term growth
Updated On : 02 Aug 2024 | 7:58 AM IST

China's factory activity shrinks in July, service sector grow more slowly

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

China's factory activity shrinks in July, service sector grow more slowly
Updated On : 31 Jul 2024 | 8:46 AM IST

Why is China turning its back to gold jewellery? Chris Wood explains

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

Why is China turning its back to gold jewellery? Chris Wood explains
Updated On : 29 Jul 2024 | 9:56 AM IST

As Volkswagen struggles in China. Can EVs help it grow in US market?

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

As Volkswagen struggles in China. Can EVs help it grow in US market?
Updated On : 23 Jul 2024 | 1:28 PM IST

China conducts surprise rate cuts in efforts to support weak economy

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

China conducts surprise rate cuts in efforts to support weak economy
Updated On : 22 Jul 2024 | 10:43 AM IST

'Luxury shame' hits China's luxury market as elites dial down on austerity

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

'Luxury shame' hits China's luxury market as elites dial down on austerity
Updated On : 16 Jul 2024 | 6:11 PM IST

China's Communist Party's 3rd Plenum begins key meet stem economic slowdown

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

China's Communist Party's 3rd Plenum begins key meet stem economic slowdown
Updated On : 15 Jul 2024 | 11:30 AM IST

What is China's 'third plenum'? Everything you need to know about it

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

What is China's 'third plenum'? Everything you need to know about it
Updated On : 15 Jul 2024 | 11:26 AM IST

Why has China's central bank introduced a new cash management tool?

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

Why has China's central bank introduced a new cash management tool?
Updated On : 11 Jul 2024 | 11:52 AM IST

Xi's China proves a hard sell as officials seek investments overseas

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

Xi's China proves a hard sell as officials seek investments overseas
Updated On : 04 Jul 2024 | 7:23 AM IST

China's services activity growth hits 8-month low, shows Caixin PMI

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

China's services activity growth hits 8-month low, shows Caixin PMI
Updated On : 03 Jul 2024 | 8:57 AM IST

New base years for national accounts, macro indicators from Jan-Feb 2026

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

New base years for national accounts, macro indicators from Jan-Feb 2026
Updated On : 01 Jul 2024 | 9:26 PM IST

Asia's factory activity expands in June on solid momentum in global economy

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

Asia's factory activity expands in June on solid momentum in global economy
Updated On : 01 Jul 2024 | 11:43 AM IST

China's factory activity grows at fastest pace in 3 yrs, PMI rises to 51.8

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

China's factory activity grows at fastest pace in 3 yrs, PMI rises to 51.8
Updated On : 01 Jul 2024 | 7:57 AM IST