China’s economic growth drops to lowest level since 1992
5 years, 5 months ago

China’s economic growth drops to lowest level since 1992

CNN  

Hong Kong CNN Business — China’s growth dropped last quarter to its lowest level in nearly three decades, as the world’s second largest economy continues to feel the pain from the trade war with the United States. A spokesman for China’s national statistical authority said Friday that stimulus measures announced earlier this year, including tax cuts and infrastructure investment, have started filtering through to the wider economy, But despite a stronger September, pressure on economic activity could “intensify” in the coming months said Julian Evans-Pritchard, senior China economist for Capital Economics. They see China’s GDP growth dropping to 5.8% in the fourth quarter as exports are hit again by the slowing global economy and the trade conflict between the United States and China. More stimulus coming The Chinese statistical authority admitted the economy would continue to face “severe and complex external environment.” The Chinese government would step up stimulus measures to avert the slowdown, Mao Shengyong, a spokesman for the National Bureau of Statistics said at a press conference on Friday.

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History of this topic

China, Hong Kong stocks weaken to near one-month low on tariff concerns
3 days, 1 hour ago

China, Hong Kong stocks weaken to near one-month low on tariff concerns

Hindustan Times  

By Jiaxing Li China, Hong Kong stocks weaken to near one-month low on tariff concerns HONG KONG, - China and Hong Kong stocks fell on Monday, joining a broader equity rout in the region as concerns heightened ahead of U.S. President Donald Trump's tariff policy announcement scheduled for April 2. ** At the midday break, both China's blue-chip CSI300 index …

GDP showing more signs of stabilizing
1 week, 1 day 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 …

Chinese economy on shaky ground in first two months of 2025, data shows
2 weeks, 3 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
2 weeks, 3 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
2 weeks, 3 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, Hong Kong stocks fall on deflationary worries
3 weeks, 3 days ago

China, Hong Kong stocks fall on deflationary worries

Hindustan Times  

SHANGHAI, - China and Hong Kong stocks fell on Monday as mounting deflationary pressures heightened concerns over the country's economic recovery amid escalating global trade tensions. China, Hong Kong stocks fall on deflationary worries ** China's blue-chip CSI300 Index dropped 0.8% by the lunch break, while the Shanghai Composite Index lost 0.6%. ** Mainland property developers traded in Hong Kong …

China struggles to shake off disinflationary pressures as trade threats loom
3 weeks, 4 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 Consumer Inflation Drops Below Zero for First Time in Year
3 weeks, 4 days ago

China Consumer Inflation Drops Below Zero for First Time in Year

Live Mint  

-- China’s consumer inflation dropped below zero for the first time in 13 months, a reading skewed by seasonal distortions but also a reminder of persistent deflationary pressures in the economy. A clearer read on China’s inflation trajectory will emerge in March, as investors look for signs that the government’s stimulus is translating into stronger domestic demand. It’s a signal …

China, Hong Kong stocks rise on upbeat data, focus on policy meetings
1 month ago

China, Hong Kong stocks rise on upbeat data, focus on policy meetings

Hindustan Times  

By Jiaxing Li China, Hong Kong stocks rise on upbeat data, focus on policy meetings HONG KONG, - Chinese and Hong Kong stocks rebounded on Monday, recouping some of last week's losses after upbeat manufacturing data and expectation this week's key policy meetings in Beijing will bring new stimulus measures. Hong Kong's benchmark Hang Seng Index rose 1.2% by the …

GDP growth of 5% hits target
2 months, 2 weeks 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, 2 weeks 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's economy expands 5% in 2024, reaching target helped by strong exports, stimulus measures
2 months, 2 weeks 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, 2 weeks 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 central bank is moving faster towards its policy limits
2 months, 3 weeks ago

China central bank is moving faster towards its policy limits

Live Mint  

* PBOC expected to cut rates more aggressively this year * Cenbank dropped prudent stance but may have to stay cautious * Bond buying suspension highlights PBOC constraints * Room for more rate, RRR cuts rapidly narrowing * More easing also raises risk of asset bubbles By Kevin Yao BEIJING, - China's central bank is expected to deploy its most …

China inflation hits nine-month low in December
2 months, 3 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 …

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 …

China's economy logs a lackluster performance in November as retail sales slow
3 months, 2 weeks ago

China's economy logs a lackluster performance in November as retail sales slow

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 logged a mixed …

Xi reaffirms full support for Hong Kong SAR govt
3 months, 2 weeks ago

Xi reaffirms full support for Hong Kong SAR govt

China Daily  

By Xu Wei in Beijing and Wu Kunling in Hong Kong | China Daily | Updated: 2024-12-14 07:06 President Xi Jinping meets with John Lee Ka-chiu, chief executive of the Hong Kong Special Administrative Region, in Beijing on Friday. LI XUEREN/XINHUA President Xi Jinping reaffirmed on Friday Beijing's full backing to Chief Executive John Lee Ka-chiu and the Hong Kong …

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

China’s Weaker Yuan Sends Ripples Across Emerging Market Currencies
3 months, 3 weeks ago

China’s Weaker Yuan Sends Ripples Across Emerging Market Currencies

Live Mint  

Emerging-market currencies dropped Wednesday, with an index of developing-nation currencies heading for its steepest one-day loss in a week and a half. The depreciation supports Chinese exporters but raises risks of capital outflows and financial instability, challenges that could ripple through emerging markets tied to Chinese demand, as cheaper Chinese undercut competitors in other developing economies. The correlation between China’s …

China, Hong Kong stocks climb on upbeat manufacturing data, stimulus bets
4 months ago

China, Hong Kong stocks climb on upbeat manufacturing data, stimulus bets

Live Mint  

By Jiaxing Li HONG KONG, - China and Hong Kong stocks gained on Monday, driven by encouraging manufacturing data and expectations of continued policy support from Beijing. ** Sentiment was buoyed by data that showed China's factory activity expanded last month, with Beijing's stimulus blitz since September starting to trickle through just as Donald Trump ramps up trade threats. ** …

GDP goal to be met on positive cues
4 months, 2 weeks 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, …

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 …

Stock market today: Asian shares gain after US Fed cuts interest rates
4 months, 3 weeks ago

Stock market today: Asian shares gain after US Fed cuts interest rates

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 {{ …

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, 2 weeks 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 …

Hong Kong's Hang Seng Index plunges 9.4%, highest fall since 2008; here's why
5 months, 3 weeks ago

Hong Kong's Hang Seng Index plunges 9.4%, highest fall since 2008; here's why

Live Mint  

Hang Seng Index of Hong Kong has dropped by 9.4 per cent, which is its biggest decline since 2008. {{^adFree}} {{/adFree}} Previously, Zheng Shanjie, the Chairperson of China's National Development and Reform Commission, stated that China was "fully confident" of accomplishing economic targets for 2024 and will use 200 billion yuan from next year's budget to fund investment projects and …

Xi Jinping pledges ‘forceful’ rate cuts to halt China’s economic crisis
6 months, 1 week ago

Xi Jinping pledges ‘forceful’ rate cuts to halt China’s economic crisis

The Telegraph  

Xi Jinping has called for the introduction of “forceful” interest rate cuts as the Chinese president battles to kickstart the stuttering economy. In a rare admission from China’s leadership, officials said the world’s second-largest economy was facing fresh turmoil as they vowed to inject greater levels of fiscal stimulus. It follows a series of measures laid out by the People’s …

China's central bank cuts bank reserve rates, pledges other moves to help the economy
6 months, 1 week ago

China's central bank cuts bank reserve rates, pledges other moves to help the economy

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 The Chinese central bank announced …

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, …

China's banking sector assets growing steadily: regulator
7 months, 1 week ago

China's banking sector assets growing steadily: regulator

China Daily  

Chinese 100 yuan banknotes are seen in a counting machine at a bank in Beijing. BEIJING - China's banks have seen steady asset expansion since the start of the year, an official with the country's financial regulator said on Wednesday. The assets of financial institutions in China's banking sector grew 7 percent year-on-year to 423.8 trillion yuan at the end …

Experts see economy stabilizing
7 months, 2 weeks ago

Experts see economy stabilizing

China Daily  

China's economy is likely to gradually stabilize in the third and fourth quarters, as policymakers are poised to step up stimulus measures aimed at stabilizing growth and deepening economic structural reforms, prominent economists said on Monday. Consumption will remain a key growth driver in the remaining months this year, while the country's accelerated push for fostering new quality productive forces …

Experts see economy stabilizing
7 months, 2 weeks ago

Experts see economy stabilizing

China Daily  

A worker conducts motion tests on AGV handling robots at the integrated AMT workshop of FAW Jiefang Automotive Co, a subsidiary of China FAW Group, in Changchun, Jilin province, on Aug 5, 2024. Consumption will remain a key growth driver in the remaining months this year, while the country's accelerated push for fostering new quality productive forces will inject fresh …

China's factory output disappoints, dashing hopes for speedy recovery
7 months, 2 weeks ago

China's factory output disappoints, dashing hopes for speedy recovery

The Hindu  

China's factory output growth slowed and missed expectations in July, adding to a series of indicators that show the world's second-largest economy is struggling to kick into a higher gear, even with recent government support. "The data shows that the economy has gotten off to a weak start in the second half of the year, and it is expected that …

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 top leaders vow to support consumers and improve confidence in its slowing economy
8 months ago

China’s top leaders vow to support consumers and improve confidence in its slowing economy

Associated Press  

BANGKOK — China’s powerful Politburo has endorsed the ruling Communist Party’s long-term strategy for growing the economy by encouraging more consumer spending and weeding out unproductive companies to promote “survival of the fittest.” A statement issued after the meeting of the 24 highest leaders of the party warned that coming months would be tough, perhaps alluding to mounting global uncertainties …

China's top leaders vow to support consumers and improve confidence in its slowing economy
8 months ago

China's top leaders vow to support consumers and improve confidence in its slowing economy

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 powerful Politburo has endorsed …

China cuts 1-year benchmark rate and doubles subsidies for EVs in its ‘cash for clunkers’ program
8 months, 1 week ago

China cuts 1-year benchmark rate and doubles subsidies for EVs in its ‘cash for clunkers’ program

Associated Press  

BANGKOK — China ratcheted up its effort to reinvigorate its slowing economy Thursday by unexpectedly cutting a key policy rate and also doubling subsidies for electric vehicles bought to replace older cars. The People’s Bank of China said it cut its lending rate for one-year medium term policy loans by 20 basis points to 2.3%. Major state-run banks cut deposit …

China's economic performance resilient amid challenges
8 months, 2 weeks ago

China's economic performance resilient amid challenges

China Daily  

The skyline of Beijing. China's economy demonstrated a stable expansion in the first half of 2024, achieving a year-on-year GDP growth of 5 percent, equivalent to 61.68 trillion yuan, according to data released by the National Bureau of Statistics on Monday. Key economic indicators GDP growth The first half of 2024 saw China's GDP grow by 5 percent year-on-year. China's …

China's economic performance resilient amid challenges
8 months, 2 weeks ago

China's economic performance resilient amid challenges

China Daily  

The skyline of Beijing. China's economy demonstrated a stable expansion in the first half of 2024, achieving a year-on-year GDP growth of 5 percent, equivalent to 61.68 trillion yuan, according to data released by the National Bureau of Statistics on Monday. Key economic indicators GDP growth The first half of 2024 saw China's GDP grow by 5 percent year-on-year. China's …

Britain to be fastest growing major European economy, IMF predicts
8 months, 2 weeks ago

Britain to be fastest growing major European economy, IMF predicts

The Telegraph  

Thanks for joining me. 5 things to start your day 1) National Grid: Britain will remain dependent on gas for years | Forecasts predict higher than expected demand, in blow to net zero ambitions 2) We’re not a c----- employer, insists Wetherspoon boss after attack by union chief | Rebuttal comes as chain is accused of being ‘anti-union’ and offering …

China’s Growth Rate Slows Down To 4.7 Per Cent In Apr-June Quarter As Demand Weakens
8 months, 2 weeks ago

China’s Growth Rate Slows Down To 4.7 Per Cent In Apr-June Quarter As Demand Weakens

ABP News  

China’s economy clocked a slowdown in the April-June quarter in 2024, official data revealed on Monday. The second-largest economy in the world observed a dampened sentiment in the economy as it clocked a growth rate of 4.7 per cent in the second quarter in the current calendar year, the data showed. This growth rate marked the slowest momentum for the …

Stock market today: Asian shares are mixed as China reports its economy grew 4.7% in last quarter
8 months, 2 weeks ago

Stock market today: Asian shares are mixed as China reports its economy grew 4.7% in last quarter

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 {{ …

China’s economy slowed in the last quarter as weak consumer demand dragged on growth
8 months, 2 weeks ago

China’s economy slowed in the last quarter as weak consumer demand dragged on growth

Associated Press  

BANGKOK — China’s economy expanded at a slower-than-forecast 4.7% annual rate in the last quarter, the government reported Monday, while emphasizing signs of improvement in factory output, income and investment. “Since the beginning of this year, global economic growth momentum has been weak, inflation is sticky, geopolitical conflicts, international trade frictions and other problems have occurred frequently, domestic demand is …

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 …

Stock market today: Asian stocks advance after Wall Street closes out another winning week
10 months, 2 weeks ago

Stock market today: Asian stocks advance after Wall Street closes out another winning week

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 Asian stocks advanced Monday after …

China disinflationary headwinds continue as consumers hold back
10 months, 3 weeks ago

China disinflationary headwinds continue as consumers hold back

Live Mint  

BEIJING—China’s consumer prices edged up modestly in April while its factory-gate prices continued to fall, underscoring the challenges that policymakers face in shaking off disinflationary pressures despite stimulus measures aimed at delivering a jolt to the economy. Economists say China’s persistently weak inflation readings suggest Beijing is unlikely to be able to count on the country’s 1.4 billion consumers to …

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