Page 18 - China Economic Growth

China's Oct factory activity expands more quickly, but output weighs: PMI

A sub-index for output showed production shrank for the third consecutive month and at a faster rate than in September.

China's Oct factory activity expands more quickly, but output weighs: PMI

Growth in new orders cooled in October, as the index retreated to 51.6 from 52.2. New export orders were 49.9 in October, pointing to a contraction, from 50.2 in September.

China's industrial profits rise 16.3% in Sept to 738.74 bn yuan

Liabilities at industrial firms rose 8.2% from a year earlier at end-September, down from 8.4% growth as of end-August.

China to strengthen tax reforms to attain 'common prosperity': Xinhua

China will "strengthen adjustments" in tax collection to boost revenue

China Evergrande resumes work on more than 10 projects in different cities

China Evergrande Group said on Sunday it had resumed work on the projects in Shenzhen, Dongguan and other cities

Country and company: How China and Evergrande ascended together

The property giant's success mirrored the country's transformation from an agrarian economy to one that embraced capitalism. Its struggles offer a glimpse of a new financial future

China may initiate restructuring of Evergrande Group, says Morgan Stanley

Citigroup too expects Beijing to help out Evergrande Group, the world's most indebted developer.

Crude oil prices drop amid faltering demand outlook in China

Brent crude was down 58 cents, or 0.8%, at $70.01 a barrel by 0943 GMT. US oil fell by 64 cents, or 0.9%, to $67.80. Both contracts dropped by more than $1 earlier in the session

China's economic growth likely to slow due to coronavirus, floods

China's economic growth will soften this year due to summer flooding and anti-coronavirus controls, an official said Monday, after consumer sales and other activity weakened in July

China factory output, retail sales miss expectations as Covid cases emerge

China's economy has rebounded to its pre-pandemic growth levels, but the expansion appears to be losing steam

China vehicle sales tumble amid Covid-19, semiconductor shortage

China's vehicle sales slid in July for a third consecutive month, hit hard by flooding in some areas of the country, Covid-19 outbreaks in other areas and the global shortage of semiconductors

China's factory gate price growth slows, but inflationary pressures persist

China's factory gate prices rose at a slightly slower pace in June, providing some reprieve for businesses though persistently high raw material costs are threatening to undermine economic recovery

World Bank raises China's economic growth outlook to 8.5% from 8.1%

The World Bank raised its forecast of China's economic growth this year to 8.5 per cent from 8.1 per cent and said Tuesday that a full recovery requires progress in vaccinations against coronavirus

China's services activity growth slows in May to 55.1 from 56.3: Caixin PMI

China's services sector expansion slowed in May, a private sector survey showed on Thursday, with weaker overseas demand and increased costs putting pressure on businesses

China's industrial commodities dip after Beijing warns of market crackdown

China's main industrial commodities tumbled on Thursday after the government announced stepped-up measures to keep a lid on soaring raw material prices which threaten to undermine economic recovery

China trade surges as global demand recovers from coronavirus pandemic

China's exports surged 32.3 per cent over a year earlier in April as global consumer demand strengthened, while imports rose 43.1 per cent

China Feb exports post record surge from Covid-19-depressed 2020 levels

Exports in dollar terms skyrocketed 154.9% in February compared with a year earlier, while imports gained 17.3%, the most since October 2018

China defence spending gets mild boost with 6.8% hike amid economic caution

The spending figure, set at $208.47 billion in the national budget released on Friday, is closely watched as a barometer of how aggressively the country will beef up its military

Committed to stopping China's economic abuse by working with allies: WH

Psaki stated that the Biden-Harris administration would be tackling the threat posed by Beijing with strategic patience and discussing with the US Congress

China's services sector expands at a slower pace in December: PMI

China's services sector activity expanded at a slower pace in December, a private sector survey showed on Wednesday, as sporadic coronavirus outbreaks tempered the recovery in consumer confidence