China Economic Growth

China's home prices dip in May, extending two-year slump despite support

New home prices fell 0.2 per cent month-on-month in May after showing no growth the previous month

China May services activity grows despite US tariff concerns, PMI at 51.1

The Caixin/S&P Global services purchasing managers' index (PMI), rose to 51.1 in May from 50.7, remaining above the 50-mark that separates expansion from contraction

As incomes shrink, Beijing's nightlife shifts behind closed doors

China's economic slowdown is reshaping its nightlife, as middle-class professionals abandon upscale bars for low-cost, unlicensed home speakeasies hidden inside city apartments

China's April exports rise 8.1%, imports dip 0.2% despite slowdown fears

Economists polled by Reuters had forecast a 1.9 per cent increase in exports and a 5.9 per cent drop in imports

China cuts key rate, reserve ratio amid escalating US trade tensions

People's Bank of China cut the seven-day reverse repurchase rate to 1.4 per cent from 1.5 per cent, according to Governor Pan Gongsheng

China's services growth hits 7-month low as tariffs bite, PMI drops to 50.7

Despite stronger-than-expected economic growth in the first quarter, supported by government stimulus, China's economy contends with persistent deflationary risks

China's factory activity shrinks in Apr as PMI dips to 49, recovery stalls

The official purchasing managers' index (PMI) fell to 49.0 in April versus 50.5 in March, below the 50-mark separating growth from contraction

Best of BS Opinion: India needs a new approach to managing gold and water

Today, we look at the challenges and opportunities that India faces in various areas, from gold to flowers to water, and most importantly, China.

China's Q1 industrial profits return to growth amid US tariff woes

Cumulative profits of China's industrial firms rose 0.8 per cent to 1.5 trillion yuan ($205.86 billion) in the first quarter from a year earlier

China's Q1 economic growth beats expectations, but US tariffs pose risk

Data on Wednesday showed China's gross domestic product (GDP) grew 5.4 per cent in the January-March quarter from a year earlier, unchanged from the fourth quarter

China's e-com giant JD-com to invest $27 bn to help exporters go domestic

Beijing increased its tariffs on US imports on Friday to 125%, hitting back against US President Donald Trump's decision to hike duties on Chinese goods to 145

EU, China start talks on lifting EU tariffs on Chinese electric vehicles

The European Union imposed tariffs on Chinese-made electric vehicles (EVs) late last year, saying they were needed to counter cheap loans

China's manufacturing at 12-month high on strong orders, PMI rises to 50.5

The non-manufacturing PMI, which includes services and construction, accelerated to 50.8 from 50.4

China plans for global CEOs to meet President Xi in Beijing next week

China's planned interaction with top business figures underscores the message it's been sending that the nation is open for business, contrasting with Trump's more protectionist "America First" policy

China unveils plan to boost incomes, consumption, economic growth

At annual parliamentary meetings this month, the country's leadership made boosting consumption their top priority for the first time since President Xi Jinping came to power over a decade ago

China urges banks to expand lending, credit use to boost consumer spending

China has ordered banks and other financial institutions to encourage more consumer financing and use of credit cards as part of a campaign to get people to spend more. The order on Friday from the country's financial regulator is part of the ruling Communist Party's latest push to build more confidence among consumers who are opting to save rather than spend, worried over jobs and the outlook for the economy. It said banks should lend more and also find ways to help borrowers who run into difficulties. Share prices in China surged following the notice from the National Financial Regulatory Commission. Officials are due to hold a briefing on Monday on efforts to increase spending and investment, factors considered crucial for keeping the economy on track following the setbacks of the COVID-19 pandemic, when millions of people lost jobs and many companies went out of business. The Chinese economy, the world's second-largest, has been growing recently at about a 5 per cent pace, ...

Bai Lan movement: Why Chinese youth are 'lying flat' and 'letting it rot'

The West 'quiet quits', the Chinese choose 'Bai Lan': How youth is rejecting hustle culture amid rising unemployment

China raises defence budget to $249 bn: How does it compare to India?

China's annual NPC highlighted a focus on keeping urban unemployment at 5.5%, creating 12 million new urban jobs, and advancing emerging tech in 2025

China's factory activity picks on strong supply, demand; PMI rises to 50.8

Factory production accelerated in February from the previous month, while total new orders increased at the quickest pace in three months

Deepseek's promise in China comes with a workforce warning: Goldman Sachs

Goldman Sachs anticipates that by 2030, it estimated that AI-driven advancements could contribute an additional 0.2 to 0.3 percentage points to the expansion of China's economy