Business Standard

Chinese Economy

Oil prices up on China's monetary policy shift, demand expectations

Chinese crude imports grew annually for the first time in seven months in November, up more than 14 per cent from a year earlier

Oil prices up on China's monetary policy shift, demand expectations
Updated On : 11 Dec 2024 | 2:30 PM IST

Chinese authorities may consider a weaker yuan as Trump trade risks loom

Letting the yuan depreciate could make Chinese exports cheaper, thus blunting the impact of tariffs, and creating looser monetary settings in mainland China

Chinese authorities may consider a weaker yuan as Trump trade risks loom
Updated On : 11 Dec 2024 | 2:25 PM IST

China's consumer inflation hits five-month low in Nov as new risks arise

World's second-largest economy is bracing for likely fresh tariffs from a second Donald Trump White House and still dealing with other headwinds, suggesting more policy stimulus will be needed

China's consumer inflation hits five-month low in Nov as new risks arise
Updated On : 09 Dec 2024 | 9:29 AM IST

Here's why Nifty Metal index rose over 1% on November 26; details inside

At 11:52 AM, 12 of the 15 stocks in the Nifty Metal Index were trading in the green, while three remained in the red

Here's why Nifty Metal index rose over 1% on November 26; details inside
Updated On : 26 Nov 2024 | 12:55 PM IST

Jaishankar, China FM agree to resume boundary talks, discuss direct flights

India and China to resume special representative-level talks on boundary issues, focus on stabilising ties and direct flights

Jaishankar, China FM agree to resume boundary talks, discuss direct flights
Updated On : 19 Nov 2024 | 7:55 PM IST

China's new home prices post steepest annual decline in nine years

In annual terms, new home prices slid 5.9 per cent in October, in their 16th consecutive month of declines, after a 5.8 per cent drop in September

China's new home prices post steepest annual decline in nine years
Updated On : 15 Nov 2024 | 10:31 AM IST

China likely to unveil much-anticipated economic stimulus package

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%

China likely to unveil much-anticipated economic stimulus package
Updated On : 08 Nov 2024 | 3:00 PM IST

No winners in trade, industrial wars, says China's ambassador to US

Trump's return could revive issues from his first presidency, when he initiated a bruising trade war with the world's second-largest economy in 2018

No winners in trade, industrial wars, says China's ambassador to US
Updated On : 08 Nov 2024 | 2:36 PM IST

Why investors are pulling money from Indian stocks in favour of China

Even after the recent selloff, MSCI India trades at 22 times forward earnings, more than 1.5 standard deviations higher the its two-decade average, Chinese stocks are a lot cheaper, by comparison

Why investors are pulling money from Indian stocks in favour of China
Updated On : 05 Nov 2024 | 9:30 AM IST

Can China navigate the storm? New economic hurdles may test resilience

While it has successfully weathered economic challenges before, this time is different

Can China navigate the storm? New economic hurdles may test resilience
Updated On : 28 Oct 2024 | 10:40 PM IST

Slow growth in China raises doubts over 2024 target as concern mounts

China faces headwinds in various sources of demand, in particular - and the government has not opened its purse strings sufficiently to make up for the shortfall

Slow growth in China raises doubts over 2024 target as concern mounts
Updated On : 20 Oct 2024 | 11:02 PM IST

China's Q3 GDP shows weakest pace since 2023, backs calls for more stimulus

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

China's Q3 GDP shows weakest pace since 2023, backs calls for more stimulus
Updated On : 18 Oct 2024 | 11:00 PM IST

China's new home prices fall at fastest pace in Sept since May 2015

China is expected to raise 6 trillion yuan through special treasury bonds over the next three years to reinvigorate its struggling economy

China's new home prices fall at fastest pace in Sept since May 2015
Updated On : 18 Oct 2024 | 10:27 AM IST

China may raise $850 bn in new debt over 3 years to spur growth: Report

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

China may raise $850 bn in new debt over 3 years to spur growth: Report
Updated On : 15 Oct 2024 | 2:26 PM IST

China is 'fully confident' of achieving economic, social goals in 2024

To support local governments, China will issue 100 billion yuan ($14.12 billion) from next year's central budget and another 100 billion yuan for key investment projects by the end of this year

China is 'fully confident' of achieving economic, social goals in 2024
Updated On : 08 Oct 2024 | 11:28 AM IST

India's equity-market valuation premium over China narrows to 54.2%

Equity market trend attributed to faster growth in India Inc earnings

India's equity-market valuation premium over China narrows to 54.2%
Updated On : 06 Oct 2024 | 11:41 PM IST

China's central bank unveils broad stimulus measures to revive economy

The broader-than-expected package marks the latest attempt by Chinese officials to restore confidence in the world's second-largest economy after a slew of disappointing data

China's central bank unveils broad stimulus measures to revive economy
Updated On : 24 Sep 2024 | 2:45 PM IST

Biden admin to prepare ban on Chinese car software to prevent hacking

Lael Brainard, director of the White House's National Economic Council, is set to speak Monday in Detroit about the Biden administration's efforts to strengthen the US auto industry

Biden admin to prepare ban on Chinese car software to prevent hacking
Updated On : 22 Sep 2024 | 6:53 AM IST

China to raise retirement age as pension pressure mounts on economy

This decision comes as China's pension system, the world's largest with 1.05 billion contributors and beneficiaries, faces significant stress from demographic change

China to raise retirement age as pension pressure mounts on economy
Updated On : 13 Sep 2024 | 12:54 PM IST

China's worsening population data presents an opportunity for India

India must do whatever is necessary to prepare its economy to benefit from a slowing China. But a proper strategy is needed as India's own demographic dividend will not last forever

China's worsening population data presents an opportunity for India
Updated On : 09 Sep 2024 | 10:11 PM IST