China stocks end flat as consumption measures fail to impress investors
2 weeks ago

China stocks end flat as consumption measures fail to impress investors

Live Mint  

SHANGHAI, - Chinese stocks ended the day nearly unchanged on Monday as the government's plans to boost domestic consumption failed to spark investor interest, while they assessed mixed economic activity data. China's State Council unveiled on Sunday what it called a "special action plan" to boost consumption, with measures including increasing residents' income and establishing a childcare subsidy scheme. "Further details remain to be announced, such as the size and scope of much-awaited childcare subsidies, and how local governments could use special local government bonds to destock home inventory," UBS economists, led by Zhang Ning, said in a note. "The property sector is especially concerning as key data are in the negative territory across the board, with new home starts growth worsening to -29.6% in January-February," said Ting Lu, chief China economist at Nomura.

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History of this topic

GDP showing more signs of stabilizing
6 days ago

GDP showing more signs of stabilizing

China Daily  

Wu Xiaoqiu, Huang Qifan and Peng Sen at a high-level dialogue on China's reform and economic prospects during the ongoing Boao Forum for Asia Annual Conference 2025. This recovery trend is irreversible," Peng Sen, president of the China Society of Economic Reform, said during a high-level dialogue on China's reform and economic prospects during the ongoing Boao Forum for Asia …

China's retail sales, investment pick up pace
2 weeks, 1 day ago

China's retail sales, investment pick up pace

China Daily  

By Ouyang Shijia | chinadaily.com.cn | Updated: 2025-03-17 10:00 China's economy continued to recover in the first two months this year as consumption and investment showed improvement, official data showed on Monday, making a steady start for 2025. China's value-added industrial output - a gauge of activity in the manufacturing, mining and utilities sectors - grew by 5.9 percent over …

China struggles to shake off disinflationary pressures as trade threats loom
3 weeks, 1 day ago

China struggles to shake off disinflationary pressures as trade threats loom

Live Mint  

China’s consumer prices nosedived in February, in a sign of stubborn disinflationary pressures, ending a year’s run of tepid price growth and underscoring the challenges policymakers face in stimulating domestic demand as trade tensions intensify. China’s budgetary deficit targets imply a nominal growth target at 4.9% on year, as well as an expected gross domestic product deflator—the broadest measure of …

Localities given more powers to stabilize realty
3 weeks, 5 days ago

Localities given more powers to stabilize realty

China Daily  

Potential homebuyers look at a property model in Taiyuan, Shanxi province. "A mortgage rate cut could be a critical component of the government's broader strategy to arrest the ongoing downturn in the real estate market and guide it toward a sustainable recovery," said Wang Qing, chief macroeconomic analyst at Golden Credit Rating International. The current substantial land inventory and the …

China's leaders gather to hash out Trump tariff battle plans
1 month ago

China's leaders gather to hash out Trump tariff battle plans

Raw Story  

by Peter Catterall and Oliver Hotham China's leadership convenes next week for closed-door meetings to hammer out plans to shield the ailing economy from tariffs and trade threats from U.S. President Donald Trump. Ahead of the meeting, Chinese President Xi Jinping admitted the country's economy was facing "numerous difficulties", writing in an article set to be published this week in …

Household spending key to strong growth
1 month, 1 week ago

Household spending key to strong growth

China Daily  

As China navigates a decline in the property market and rising global economic uncertainties, consumption is poised to assume an even more crucial role in driving the country's economic growth this year, analysts said. According to analyses conducted using World Bank data, the average consumption rate among 10 major economies, accounting for 63 percent of global GDP collectively, stood at …

Chinese economy expected to rebound continuously in 2025: economist
Trending News
1 month, 3 weeks ago

Chinese economy expected to rebound continuously in 2025: economist

China Daily  

The skyline of Beijing. The Chinese economy is expected to rebound continuously in 2025 despite new variables, an economist said as reported by Chinese financial news outlet Yicai on Sunday. The unprecedented popularity of the domestic cultural and travel consumption market during the Spring Festival holiday and the emergence of DeepSeek AI model have contributed to people's confidence in the …

China's home prices, sales fall further in January: Report
1 month, 4 weeks ago

China's home prices, sales fall further in January: Report

Hindustan Times  

China's sales of new housing and prices for existing residential units both continued to decline in January, a leading real estate research institute said on Saturday. The value of property sales by the top 100 real-estate developers in China was down almost 17% in January on year The average price per square meter for existing residential properties was down just …

China’s retail investor sours quickly on stocks
2 months, 2 weeks ago

China’s retail investor sours quickly on stocks

Live Mint  

* Chinese stocks suffered weakest start to new year in a decade * Retail investors sell amid US trade policy uncertainties * Further selling could trigger stampede, hurt economy * Beijing's half-hearted policies lead to investor disillusionment By Samuel Shen and Summer Zhen SHANGHAI/HONG KONG, - Day-trader Lu Delong's optimism for a China stocks rally quickly evaporated in the first …

China's property crash a warning for Australia's housing market
2 months, 3 weeks ago

China's property crash a warning for Australia's housing market

ABC  

Most Australians have become all too aware of how tightly our economic fortunes have become entwined with China, but perhaps we're still guilty of ignoring some key warning signs from our largest trading partner. As reported by the Wall Street Journal, a Barclays Bank report estimates the cumulative wealth destruction from China's property price falls so far at $US18 trillion, …

China’s economy has not peaked
3 months ago

China’s economy has not peaked

Live Mint  

What happens to the world economy and global geopolitics in 2025 will depend significantly on China, the world’s largest exporter and second-largest consumer market. And the property-market crisis finally seems to be moderating, with transactions increasing following the government’s bold intervention to support the sector, which, directly and indirectly, accounts for one-third of the Chinese economy. This helps to explain …

Chinese stocks post first annual gain since 2020, HK ends four-year rout
3 months ago

Chinese stocks post first annual gain since 2020, HK ends four-year rout

Live Mint  

* Policy support sets stocks on path to end multi-year routs * Banking and chip sectors led gains in 2024 * Dividend plays could continue to outperform, analysts say Hong Kong, - Chinese stocks dipped on Tuesday, the final trading day of 2024, but were on track for their first annual gain following an unprecedented three-year decline, while Hong Kong …

Property biz requires more policy moves
3 months ago

Property biz requires more policy moves

China Daily  

A view of a property project under construction in Yantai, Shandong province, in September. TANG KE/FOR CHINA DAILY China rolled out a number of policy measures in 2024 designed to reduce financial burdens and ease access for homebuyers, while also arresting the recent downturn in the country's real estate sector and guiding the industry toward a more sustainable development path, …

Property biz requires more policy moves
Trending News
3 months ago

Property biz requires more policy moves

China Daily  

By WANG KEJU | China Daily | Updated: 2024-12-27 10:42 A view of a property project under construction in Yantai, Shandong province, in September. TANG KE/FOR CHINA DAILY China rolled out a number of policy measures in 2024 designed to reduce financial burdens and ease access for homebuyers, while also arresting the recent downturn in the country's real estate sector …

Ground prepared for China's steady growth
3 months, 1 week ago

Ground prepared for China's steady growth

China Daily  

An aerial drone photo taken on Nov 9, 2023 shows a newly-built residential complex in Feixi County of Hefei City, east China's Anhui province. At the Central Economic Work Conference held recently, the Chinese government identified stabilizing securities and real estate prices as among its priorities for the coming year, marking an unprecedentedly clear commitment to supporting both markets. Regarding …

November blues: Retail slump, property woes show China’s economy not responding to Xi’s push
3 months, 2 weeks ago

November blues: Retail slump, property woes show China’s economy not responding to Xi’s push

Firstpost  

China’s economy in November has sparked concerns about its ability to boost domestic demand in a world full of uncertainties. Reports from the South China Morning Post and The Economic Times highlight mixed results in key areas like retail sales, property investments and industrial output. The South China Morning Post noted that while November’s retail figures seemed weak, combining data …

Stock market today: Asian shares fall as China reports lackluster data, while bitcoin hits new highs
3 months, 2 weeks ago

Stock market today: Asian shares fall as China reports lackluster data, while bitcoin hits new highs

The Independent  

The latest headlines from our reporters across the US sent straight to your inbox each weekday Your briefing on the latest headlines from across the US Your briefing on the latest headlines from across the US SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Shares retreated Monday in …

China’s property slump may extend into 2025, Fitch Ratings says
4 months ago

China’s property slump may extend into 2025, Fitch Ratings says

Hindustan Times  

-- China’s multiyear property crisis is set to drag on in 2025 as prices and sales remain weak despite the government’s stimulus push to spur demand, according to Fitch Ratings. China’s property slump may extend into 2025, Fitch Ratings says China’s new home prices will fall by another 5% next year, as measured by China’s official statistics bureau, or roughly …

Preferential tax policies to boost home sales
Top News
4 months, 1 week ago

Preferential tax policies to boost home sales

China Daily  

By WANG YING in Shanghai | China Daily | Updated: 2024-11-20 11:08 A building under construction in Shanghai. CHINA DAILY Preferential taxation policies unveiled by Shanghai and Beijing are expected to further enable the recovery of local real estate markets by lowering purchase costs and boosting market confidence, industry analysts said on Tuesday. "The policies, which are aligned with the …

Preferential tax policies to boost home sales
Top News
4 months, 1 week ago

Preferential tax policies to boost home sales

China Daily  

A building under construction in Shanghai. CHINA DAILY Preferential taxation policies unveiled by Shanghai and Beijing are expected to further enable the recovery of local real estate markets by lowering purchase costs and boosting market confidence, industry analysts said on Tuesday. "The policies, which are aligned with the central government's deployment, have shown the municipal governments' resolution in stabilizing the …

Preferential tax policies to boost home sales
Top News
4 months, 1 week ago

Preferential tax policies to boost home sales

China Daily  

A building under construction in Shanghai. CHINA DAILY Preferential taxation policies unveiled by Shanghai and Beijing are expected to further enable the recovery of local real estate markets by lowering purchase costs and boosting market confidence, industry analysts said on Tuesday. "The policies, which are aligned with the central government's deployment, have shown the municipal governments' resolution in stabilizing the …

Preferential tax policies to boost home sales
4 months, 1 week ago

Preferential tax policies to boost home sales

China Daily  

By WANG YING in Shanghai | China Daily | Updated: 2024-11-20 11:08 A building under construction in Shanghai. CHINA DAILY Preferential taxation policies unveiled by Shanghai and Beijing are expected to further enable the recovery of local real estate markets by lowering purchase costs and boosting market confidence, industry analysts said on Tuesday. "The policies, which are aligned with the …

China stocks log biggest weekly loss since July as output, home price data disappoints
4 months, 2 weeks ago

China stocks log biggest weekly loss since July as output, home price data disappoints

Live Mint  

HONG KONG, - Chinese stocks had their biggest weekly loss since July, while Hong Kong shares erased early gains to end slightly lower on Friday as scepticism that China can mount a sustained economic recovery remained prevalent in the market. China's blue-chip CSI 300 Index fell 1.8% bringing losses this week to 3.3%, the most since July. The real estate …

After $1.4 trillion package, China to cut homebuying taxes to revive ailing economy
4 months, 2 weeks ago

After $1.4 trillion package, China to cut homebuying taxes to revive ailing economy

Firstpost  

In the latest step to support ailing economy, China is expected to cut taxes for buying homes, according to Bloomberg In the latest step to support its ailing economy, China is expected to cut homebuying taxes, according to Bloomberg. The decision to cut homebuying taxes would come days after the announcement of a $1.4 trillion package to bail out local …

Homebuyer Confidence Soars as Government Measures Stabilize Property Market
4 months, 4 weeks ago

Homebuyer Confidence Soars as Government Measures Stabilize Property Market

China Daily  

Market confidence is growing in China's residential property market, with indicators suggesting a potential turnaround after three years of adjustments. The government has announced supportive measures to stabilize the market, including increased support for the housing sector and broader economic policies. Experts believe that these measures will boost household confidence and encourage homebuying decisions.

China Residential Property Sales Rebound as Stimulus Boosts Buyer Morale
5 months ago

China Residential Property Sales Rebound as Stimulus Boosts Buyer Morale

Live Mint  

China's residential property sales rose in October, marking the first on-year increase since 2024. The value of new-home sales increased by 7.1%, reversing a 37.7% slump in September. The improvement was driven by stimulus measures that eased borrowing costs and relaxed buying restrictions in major cities. However, analysts remain concerned about the sector's decline and the need for further policy …

China has been plunged into a major financial crisis - this is how it could damage the investments in YOUR pension or Isa: JOHN-PAUL FORD ROJAS
5 months ago

China has been plunged into a major financial crisis - this is how it could damage the investments in YOUR pension or Isa: JOHN-PAUL FORD ROJAS

Daily Mail  

China is in a major economic crisis - perhaps the most serious since it set out on its dizzying trajectory of economic growth more than four decades ago. The People's Bank of China is taking action against a screeching slowdown in economic growth by cutting interest rates and offering more support to banks and the housing sector 'It is fair …

$1.80 dinners and budget clothes? The spread of frugality is hurting China’s economy
5 months, 1 week ago

$1.80 dinners and budget clothes? The spread of frugality is hurting China’s economy

LA Times  

China’s 1.4 billion consumers once spent with enough abandon to help drive the global economy. While the bigger factor is a worsening real estate downturn, which has eroded demand for commodities and diminished a crucial vehicle for household wealth and investment, economists say China’s economy is unlikely to recover without a rise in domestic spending. Chinese consumers are going through …

China’s economy grows at a 4.6% rate in the last quarter, falls short of the official target
5 months, 1 week ago

China’s economy grows at a 4.6% rate in the last quarter, falls short of the official target

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. The latest data show the world’s second largest economy …

Here’s How Bad China’s Economy Really Is. Can It Be Fixed?
5 months, 2 weeks ago

Here’s How Bad China’s Economy Really Is. Can It Be Fixed?

Bloomberg  

China’s economic growth target of 5% this year is looking ambitious, given sluggish consumer spending, an uncertain outlook for the country’s exports and a still shaky property market. Fewer than a fifth of economists surveyed by Bloomberg Terminal Bloomberg were predicting gross domestic product would expand by 5% in 2024, as analysts at lenders such as Bank of America Corp. …

China stocks decline amid economic recovery disappointment, while other markets in Asia rise
5 months, 3 weeks ago

China stocks decline amid economic recovery disappointment, while other markets in Asia rise

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. “Let’s call it what it …

China Home Sales Slump Intensified in September, Before Stimulus
6 months ago

China Home Sales Slump Intensified in September, Before Stimulus

Live Mint  

China’s residential slump deepened in September before the government released a basket of measures to put a floor under the yearslong property crisis. The value of new-home sales from the 100 biggest real estate companies fell about 37.7% from a year earlier to 251.7 billion yuan, faster than the 26.8% decline in August, according to preliminary data from China Real …

Chinese stocks rally after stimulus measures
6 months ago

Chinese stocks rally after stimulus measures

China Daily  

An investor looks at share prices at a brokerage in Fuyang, Anhui province. The benchmark Shanghai Composite Index gained 2.88 percent to close at 3,087.53 points, while the Shenzhen Component Index soared 6.71 percent to reach 9,514.86 points at the close. China's central bank cut the reserve requirement ratio by 0.5 percentage points for financial institutions and lowered the interest …

Stock market today: Asian shares extend gains after China-driven rally
6 months ago

Stock market today: Asian shares extend gains after China-driven rally

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Please try again later {{ …

Stock market today: Asian shares gain as China eases rates to aid property industry
6 months, 1 week ago

Stock market today: Asian shares gain as China eases rates to aid property industry

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Please try again later {{ …

Top Chinese economist disappears after criticising Xi Jinping
6 months, 1 week ago

Top Chinese economist disappears after criticising Xi Jinping

The Telegraph  

But Xi’s efforts to prop up China’s economy cheered investors on Tuesday, with the Shanghai Shenzhen CSI Index rising 4.3pc – its biggest jump since July 2020. Mr Yu added: “Given the confidence issues among households and corporates, we doubt the measures are sufficient to jump-start the credit engine.” Lynn Song, ING’s chief economist for Greater China, said without extra …

China's economy softens in August as Beijing continues to grapple with lagging demand
6 months, 2 weeks ago

China's economy softens in August as Beijing continues to grapple with lagging demand

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy China’s economy softened in August, …

Unemployment In China Rises For First Time In 5 Months In July, Economy Sees Slump In Recovery
7 months, 2 weeks ago

Unemployment In China Rises For First Time In 5 Months In July, Economy Sees Slump In Recovery

ABP News  

The Chinese economy maintained a slow pace of growth as the property crisis in the country continued and hampered any recovery in the economy. Official data released by The National Bureau of Statistics on Thursday showed that unemployment climbed for the first time since February to 5.2 per cent, as compared to 5 per cent clocked a month earlier. The …

China’s economy fails to pick up after worst stretch in five quarters
7 months, 2 weeks ago

China’s economy fails to pick up after worst stretch in five quarters

Hindustan Times  

China’s weakening economic momentum failed to pick up as sluggish confidence weighs on consumption and investment, putting the government’s annual growth target at risk. “It tells us that maybe one day, the weakness in the demand-side will return to bite the other side.” The latest snapshot of the $17 trillion economy shows domestic demand is barely benefiting from recent government …

China's property market shows signs of warming despite price drop
7 months, 2 weeks ago

China's property market shows signs of warming despite price drop

China Daily  

A realty agent introduces a residential property model to a potential homebuyer in Hai'an, Jiangsu province. XU JINBAI/FOR CHINA DAILY BEIJING - Major Chinese cities saw home prices fall in July compared to the previous month, though the declines continued to narrow, aided by favorable policies, according to data from the National Bureau of Statistics released on Thursday. While those …

Economists advocate direct support to consumers
7 months, 2 weeks ago

Economists advocate direct support to consumers

China Daily  

Tourists visit a cultural block in Xiangyang, Hubei province, June 10, 2024. China's central government should consider additional direct support to consumers worth at least 1 trillion yuan — either cash or vouchers — in the rest of the year to effectively address the pressing challenge of lackluster domestic demand, economists from government-backed think tanks said. Consumption — which contributed …

Economists advocate direct support to consumers
7 months, 2 weeks ago

Economists advocate direct support to consumers

China Daily  

By ZHOU LANXU and OUYANG SHIJIA | China Daily | Updated: 2024-08-13 09:25 Tourists visit a cultural block in Xiangyang, Hubei province, June 10, 2024. China's central government should consider additional direct support to consumers worth at least 1 trillion yuan — either cash or vouchers — in the rest of the year to effectively address the pressing challenge of …

Economists advocate direct support to consumers
7 months, 2 weeks ago

Economists advocate direct support to consumers

China Daily  

Tourists visit a cultural block in Xiangyang, Hubei province, June 10, 2024. China's central government should consider additional direct support to consumers worth at least 1 trillion yuan — either cash or vouchers — in the rest of the year to effectively address the pressing challenge of lackluster domestic demand, economists from government-backed think tanks said. Consumption — which contributed …

To revive the economy, China wants consumers to buy better stuff
7 months, 3 weeks ago

To revive the economy, China wants consumers to buy better stuff

Live Mint  

Everywhere you look, the world’s politicians face tough economic choices. A survey by China’s central bank in April showed that over 60% of city-dwellers want to increase the amount in their savings accounts. America’s cash-for-clunkers programme, introduced in 2009 during the global financial crisis, prompted 360,000 extra car purchases in two months, according to Atif Mian of Princeton University and …

China’s Communist Party charts technology- and security-focused development for reviving the economy
8 months, 2 weeks ago

China’s Communist Party charts technology- and security-focused development for reviving the economy

Associated Press  

BANGKOK — In a year of major elections that will determine the destinies of many countries, China’s ruling Communist Party is holding closed, top-level meetings in Beijing to set strategies for reviving its slowing economy. State broadcaster CCTV said the agenda for this year’s meetings is to study and endorse “all-around deepening reforms.” Nearly a half-century after the late leader …

First-half figures offer solid base for whole-year growth
8 months, 2 weeks ago

First-half figures offer solid base for whole-year growth

China Daily  

Visitors throng a beach in Dalian, Liaoning province, on Sunday. China's economy grew by 5 percent in the first half of this year despite challenges such as still-weak demand and a complex external environment, providing a solid base for achieving the whole-year growth target, analysts said on Monday. Zhou Maohua, a researcher at China Everbright Bank, said, "The second-quarter growth …

China needs more momentum in its economic recovery
8 months, 3 weeks ago

China needs more momentum in its economic recovery

China Daily  

CAI MENG/CHINA DAILY China's economy is still in a post-pandemic recovery stage, with production indicators in January and February showing positive trends. From January to April, China's exports grew 11.4 percent year-on-year, and manufacturing investment maintained a rapid growth rate. Driven by exports and manufacturing investment, industrial production recovered relatively well, with a growth rate of 6 percent from January …

China’s biggest cities continue to ease home-buying policies
10 months ago

China’s biggest cities continue to ease home-buying policies

Live Mint  

More of China’s biggest cities are easing home-buying policies, after top leaders recently signaled a shift to aggressive measures to resolve the country’s ongoing property crisis. “This policy easing reflect local governments’ echoing of central government and regulators’ rhetoric on May 17,” Morningstar analyst Jeff Zhang said, referring to a meeting of China’s top financial regulators that removed mortgage-rate floors …

China unveils 'historic' steps to stabilise crisis-hit real estate sector
10 months, 2 weeks ago

China unveils 'historic' steps to stabilise crisis-hit real estate sector

Hindustan Times  

China on Friday announced "historic" steps to stabilise the crisis-hit property sector, allowing local governments to buy "some" apartments, relaxing mortgage rules and pledging to deliver unfinished homes. China Real Estate Newspaper, a publication managed by the housing ministry, said the "heavyweight policies" marked "a significant historic moment" for the property sector. After waves of support measures over the past …

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