China’s economic growth falls to 3%, gradually reviving
2 years, 2 months ago

China’s economic growth falls to 3%, gradually reviving

Associated Press  

BEIJING — China’s economic growth fell to its second-lowest level in at least four decades last year under pressure from anti-virus controls and a real estate slump, but activity is reviving after restrictions that kept millions of people at home and sparked protests were lifted. Economic growth sank to 2.9% over a year earlier in the three months ending in December from the previous quarter’s 3.9%, the National Bureau of Statistics reported. The government is loosening controls on real estate financing after tighter controls on debt that Chinese leaders worry is dangerously high caused economic growth to slide starting in 2021. China’s population of working age people 16 to 59 has fallen by about 5% from its 2011 peak to 876.6 million last year, based on official data released Tuesday.

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History of this topic

GDP showing more signs of stabilizing
3 days, 16 hours 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 stocks end flat as consumption measures fail to impress investors
1 week, 5 days 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 …

Chinese economy on shaky ground in first two months of 2025, data shows
1 week, 5 days ago

Chinese economy on shaky ground in first two months of 2025, data shows

Firstpost  

Data also showed that unemployment rose, while housing prices continued to fall in most major cities. File image/AFP China’s economy charted an uneven trajectory in the first two months of the year, a slew of key indicators showed Monday, muddying Beijing’s drive to boost flagging consumption. Data from Beijing’s National Bureau of Statistics on Monday offered some positive signs, showing …

China's retail sales, investment pick up pace
1 week, 5 days 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's retail sales, investment pick up pace
1 week, 5 days ago

China's retail sales, investment pick up pace

China Daily  

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 the January-February period from a year earlier after a …

China set to stimulate growth amid global uncertainty
2 weeks, 4 days ago

China set to stimulate growth amid global uncertainty

China Daily  

Lujiazui, the financial center in Shanghai, forms a perfect backdrop to the Bund area. Experts provide insights on the country's economic trends amid global uncertainties, and delve into China's evolving role as a primary driver of global growth. Below are some excerpts: Stimulating domestic demand key to stabilizing markets The Government Work Report submitted to the National People's Congress, China's …

China struggles to shake off disinflationary pressures as trade threats loom
2 weeks, 6 days 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 …

China keeps economic growth target at 'around 5%' for 2025 despite US tariffs
Trending News
3 weeks, 3 days ago

China keeps economic growth target at 'around 5%' for 2025 despite US tariffs

Hindustan Times  

China is keeping its economic growth target at “around 5%” for 2025 despite a looming trade war with the United States and other headwinds. The IMF has projected China's economy will grow 4.6% this year, down from 5% in 2024, according to Chinese government statistics. It said China the government would adopt a “more proactive fiscal policy," including an increase …

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 …

Bold steps needed to boost economy
1 month, 2 weeks ago

Bold steps needed to boost economy

China Daily  

SONG CHEN/CHINA DAILY China's economy has successfully achieved its growth target for 2024 despite facing a challenging domestic and global environment. It is encouraging news for domestic consumption and the global economy, as the world's second-largest economy remains a key driver, contributing about 30 percent to overall global economic growth. According to the National Bureau of Statistics, China's economy grew …

China’s cabinet pledges to boost spending, attract foreign investment
1 month, 2 weeks ago

China’s cabinet pledges to boost spending, attract foreign investment

Live Mint  

China’s cabinet pledged to boost domestic consumption this year while vowing to stabilize foreign capital crucial for job creation. In a weekly meeting chaired by Premier Li Qiang, China’s cabinet reaffirmed its commitment to attracting more foreign investment, a key element in creating jobs, stabilizing exports and upgrading industries. In a weekly meeting chaired by Premier Li Qiang, the State …

Chinese economy expected to rebound continuously in 2025: economist
Trending News
1 month, 2 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 property sector retreats into state hands
1 month, 4 weeks ago

China’s property sector retreats into state hands

Live Mint  

More than three years into China’s housing crisis, there is still no sign of its ending. The latest private builder to run into a liquidity crisis is China Vanke, one of the country’s largest remaining developers. Representatives from the state-owned subway operator for the wealthy southern city of Shenzhen now make up nearly half of Vanke’s senior management. In China’s …

China's economic growth set to higher than global average
2 months, 1 week ago

China's economic growth set to higher than global average

China Daily  

By Wang Keju | chinadaily.com.cn | Updated: 2025-01-22 18:32 Ernesto Torres Cantu, head of International at Citi. "The private sector in China is truly remarkable, with business leaders who are incredibly ambitious, globally-minded, and at the forefront of technological innovation," said Ernesto Torres Cantu, head of International at Citi with China Daily. This dynamism in the private sphere is a …

GDP growth of 5% hits target
2 months, 1 week ago

GDP growth of 5% hits target

China Daily  

CHINA DAILY China's gross domestic product expanded 5 percent in 2024, official data showed on Friday, which is in line with the country's preset target of around 5 percent and provides a solid base for stabilizing the economy this year. Economists said China's economy will likely continue to grow at around 5 percent this year if the government adopts more …

GDP growth of 5% hits target
2 months, 1 week ago

GDP growth of 5% hits target

China Daily  

CHINA DAILY China's gross domestic product expanded 5 percent in 2024, official data showed on Friday, which is in line with the country's preset target of around 5 percent and provides a solid base for stabilizing the economy this year. Economists said China's economy will likely continue to grow at around 5 percent this year if the government adopts more …

China reports robust 2024 growth after wobbles prompt stimulus
2 months, 1 week ago

China reports robust 2024 growth after wobbles prompt stimulus

Live Mint  

SINGAPORE—China said its economy expanded by 5% last year, formally hitting its official growth target in a difficult year that saw officials respond to a sharp summertime deterioration in key indicators with its most aggressive stimulus in years. And it faces a further risk this year with U.S. President-elect Donald Trump’s pledge to impose stiffer tariffs on Chinese imports, which …

China’s economy expands 5% in 2024, hitting target helped by strong exports, stimulus measures
2 months, 1 week ago

China’s economy expands 5% in 2024, hitting target helped by strong exports, stimulus measures

The Hindu  

China's economy expanded at a 5% annual pace in 2024, slower than the year before but in line with Beijing’s target of “around 5%” growth, helped by strong exports and recent stimulus measures. Exports expanded 7.1% in annual terms, while imports grew 2.3% The world’s second largest economy has struggled with weaker consumer spending and resulting deflationary pressures as its …

China's economy expands 5% in 2024, reaching target helped by strong exports, stimulus measures
2 months, 1 week ago

China's economy expands 5% in 2024, reaching target helped by strong exports, stimulus measures

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 expanded at a …

China’s economy expands 5% in 2024, hitting target helped by strong exports, stimulus measures
2 months, 1 week ago

China’s economy expands 5% in 2024, hitting target helped by strong exports, stimulus measures

Associated Press  

HONG KONG — China’s economy expanded at a 5% annual pace in 2024, slower than the year before but in line with Beijing’s target of “around 5%” growth, thanks to strong exports and recent stimulus measures. “Particularly, with a package of incremental policies being timely rolled out, public confidence was effectively bolstered and the economy recovered remarkably,” it said. “We …

China's property sales record positive growth in December
2 months, 1 week ago

China's property sales record positive growth in December

China Daily  

A view of a property project under construction in Yantai, Shandong province, May 12, 2024. In December, the month-on-month sales prices of commercial residential properties in China's first-tier cities rose, while the overall decline in second and third-tier cities narrowed, data collected from 70 large and medium-sized cities by the National Bureau of Statistics showed on Friday. Prices of second-hand …

China inflation hits nine-month low in December
2 months, 2 weeks ago

China inflation hits nine-month low in December

The Hindu  

China narrowly avoided slipping into deflation in December with prices rising at their slowest pace in nine months, official figures showed Thursday, as Beijing struggles to kickstart consumer activity in the world's number two economy. "Recent economic data stabilised but the momentum is not strong enough to generate upward pressure on consumer prices yet," Zhiwei Zhang, chief economist at Pinpoint …

China's economic slowdown: Growth falls to 4.6%, concerns over productivity rise
2 months, 4 weeks ago

China's economic slowdown: Growth falls to 4.6%, concerns over productivity rise

Hindustan Times  

China's economy is facing a slowdown, with growth dropping from 6.5 per cent before the pandemic to just 4.6 per cent now, and there are concerns that even that number is seriously overstated. Arthur Kroeber's 2016 book China's Economy: What Everyone Needs to Know® envisioned China successfully transitioning from a resource-driven model to one powered by productivity and technological innovation. …

China’s economy is burdened by years of excess. Here’s how bad it really is.
2 months, 4 weeks ago

China’s economy is burdened by years of excess. Here’s how bad it really is.

Live Mint  

China’s go-go days are behind it as the world’s second-largest economy struggles with the bursting of the biggest real-estate bubble ever. China’s economy today is burdened with excess: Millions of empty or unfinished apartment blocks, trillions of dollars in debt straining local governments and ballooning industrial production driving an export surge that is igniting trade tensions worldwide. Nonetheless, the scale …

China’s economy has not peaked
2 months, 4 weeks 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 …

China Sees Manufacturing Sector Expand At Muted Pace In December
2 months, 4 weeks ago

China Sees Manufacturing Sector Expand At Muted Pace In December

ABP News  

The manufacturing activity in China climbed for the third consecutive month in December, however, the pace remained marginal, an official factory survey showed on Tuesday. However, authorities remain optimistic that fiscal and monetary measures released later in the year would lead to a turnaround in the property market, which has weighed down the broader economy. An improvement in domestic demand …

Vietnam PM Seeks Steps for Double-Digit GDP Growth Next Year
3 months ago

Vietnam PM Seeks Steps for Double-Digit GDP Growth Next Year

Live Mint  

-- Vietnamese Prime Minister Pham Minh Chinh instructed the investment ministry and other authorities to work on development scenarios and measures that will enable the country to attain “double-digit” growth in gross domestic product next year. Cities and provinces have been ordered to develop expansion plans aimed at reaching the national growth goal, while ministries must set targets in their …

China to see stable growth in coming years
3 months ago

China to see stable growth in coming years

China Daily  

Intelligent robots work on a vehicle production line in Changchun, Jilin province, on April 24, 2024. China will continue to see stable GDP growth in the coming years as the world's second-largest economy shows strong resilience boosted by its technological and innovative capability and more supportive government policies to drive domestic demand and high-quality development, experts said on Friday. Wang …

China raises its estimate for the size of its economy in 2023
3 months ago

China raises its estimate for the size of its economy in 2023

Associated Press  

BANGKOK — China’s economy grew a bit more in 2023 than earlier thought, but the revision has not affected forecasts for “about 5%” growth in the GDP this year, the government said Thursday. The estimate for total economic activity, or GDP, in 2023 for the world’s second largest economy was increased by about 2.7% to 129.4 trillion yuan, based on …

China to raise fiscal deficit next year to support struggling economy
3 months ago

China to raise fiscal deficit next year to support struggling economy

Live Mint  

China, the world's second-largest economy, plans to raise fiscal deficit to boost spending in 2025 to support its struggling economy, reported AFP, citing state media. In 2024, China took several measures to boost economic growth, such as cutting interest rates, cancelling restrictions on buying houses and easing the debt burden on local governments. According to economists, more direct fiscal stimulus …

Ground prepared for China's steady growth
3 months 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 …

China Property Flare-Ups Resurface as Crisis Enters Fifth Year
3 months, 1 week ago

China Property Flare-Ups Resurface as Crisis Enters Fifth Year

Live Mint  

One of China’s leading developers is now on authorities’ radar for default risk. As China’s property debt crisis enters its fifth year, there’s little indication that distressed developers are finding it easier to repay debt as a slump in home sales continues. “Against this backdrop, we can’t rule out the possibility of some more defaults next year, albeit the overall …

November blues: Retail slump, property woes show China’s economy not responding to Xi’s push
3 months, 1 week 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 …

China moves to Trump-proof its economy
3 months, 2 weeks ago

China moves to Trump-proof its economy

Live Mint  

SINGAPORE : China’s leaders promised more government support for their struggling economy next year as they brace for the return of President-elect Donald Trump and another big showdown over trade. An annual gathering of top officials on the economy concluded with pledges to cut interest rates and boost government borrowing to pep up economic growth, according to a report by …

China pledges more borrowing and interest rate cuts to counter Trump’s tariff threats
3 months, 2 weeks ago

China pledges more borrowing and interest rate cuts to counter Trump’s tariff threats

CNN  

China pledged Thursday to increase the budget deficit, borrow more and loosen monetary policy to maintain stable economic growth as it girds for more trade tensions with the United States where Donald Trump is returning as president. A separate readout from state news agency Xinhua, watched by financial markets for references to the yuan currency, kept a pledge to “maintain …

Targeted incremental policies boosting growth
3 months, 3 weeks ago

Targeted incremental policies boosting growth

China Daily  

A building under construction in Shanghai. CHINA DAILY After a strong performance in the first quarter, the Chinese economy faced mounting pressures in the second and third quarters due to real estate market changes and weakened domestic demand. From January to October, investment in infrastructure increased by 4.3 percent year-on-year, investment in manufacturing surged by 9.3 percent, and investment in …

Targeted incremental policies boosting growth
3 months, 3 weeks ago

Targeted incremental policies boosting growth

China Daily  

A building under construction in Shanghai. CHINA DAILY After a strong performance in the first quarter, the Chinese economy faced mounting pressures in the second and third quarters due to real estate market changes and weakened domestic demand. From January to October, investment in infrastructure increased by 4.3 percent year-on-year, investment in manufacturing surged by 9.3 percent, and investment in …

Targeted incremental policies boosting growth
3 months, 3 weeks ago

Targeted incremental policies boosting growth

China Daily  

A building under construction in Shanghai. CHINA DAILY After a strong performance in the first quarter, the Chinese economy faced mounting pressures in the second and third quarters due to real estate market changes and weakened domestic demand. From January to October, investment in infrastructure increased by 4.3 percent year-on-year, investment in manufacturing surged by 9.3 percent, and investment 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 …

China's economy to sustain recovery in Nov-Dec: NDRC
4 months, 1 week ago

China's economy to sustain recovery in Nov-Dec: NDRC

China Daily  

Xinhua | Updated: 2024-11-19 11:20 BEIJING - China's economy is expected to maintain its recovery momentum in November and December thanks to the effectiveness of the country's policy toolkit, the National Development and Reform Commission said on Tuesday. The commission, the country's top economic planner, is working with other parties to achieve the full-year growth target, said NDRC spokesperson Li …

GDP goal to be met on positive cues
4 months, 1 week ago

GDP goal to be met on positive cues

China Daily  

The skyline of Beijing. Citing a package of incremental policy measures announced in recent months, Robin Xing, chief China economist at Morgan Stanley, noted that "recent policy dynamics signal a strong turning of overall government policy in trying to bolster economic growth, boost confidence and stabilize expectations." Xing said he expects to see additional fiscal stimulus in the coming months, …

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 …

Will China attempt economic revival markets seek post-COVID with multi-trillion-yuan initiatives?
4 months, 3 weeks ago

Will China attempt economic revival markets seek post-COVID with multi-trillion-yuan initiatives?

Live Mint  

China is expected to unveil significant economic measures Friday at the conclusion of the National People's Congress Standing Committee meeting, aiming to revive its struggling economy, AP reported. Analysts believe China may need substantial, multi-trillion-yuan initiatives to reinvigorate growth in the world’s second-largest economy, which has yet to recover fully from the COVID-19 pandemic. Any new spending or economic boost …

China's Growth: A Catalyst for Global Prosperity
4 months, 3 weeks ago

China's Growth: A Catalyst for Global Prosperity

China Daily  

China's growth is vital for global development, and the country will promote mutually beneficial cooperation and development to counter the zero-sum games being played by some Western economies. The expansion and structural optimization of China's economy will have a significant impact on global economic growth, with every 1 percentage point increase in China's growth rate boosting global economic growth by …

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 …

China's Economic Stability: A Steady Beacon Amid Global Uncertainty
5 months ago

China's Economic Stability: A Steady Beacon Amid Global Uncertainty

China Daily  

China's economy remains a stabilizing force in the global economy, despite the challenges of global geopolitical rivalries and rising government debt. The country's structural reforms and high-quality development strategies have contributed to its stability and growth. China's commitment to high-quality development and its willingness to engage in global trade and cooperation remain crucial for maintaining its economic prosperity and stability …

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 …

China's Economic Turnaround: A Positive Step but Structural Issues Remain
5 months, 2 weeks ago

China's Economic Turnaround: A Positive Step but Structural Issues Remain

Hindustan Times  

China's economy is showing signs of a turnaround, with the latest round of stimulus measures expected to boost growth. The bank upgrades its forecasts for 2024 and 2025, with an upgraded growth forecast for next year to 4.7%. Despite the positive outlook, Goldman Sachs cautions that structural issues such as demographics and debt remain and pose challenges beyond 2026.

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. …

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