Factory output, retail sales, and investment weaken in August as deflation risks, job losses, and property slump weigh on China's economy
Weak consumer demand has weighed on China's economic growth as the property market downturn persists and US tariffs squeeze exports
The RatingDog China General Manufacturing Purchasing Managers' Index rose to 50.5 from 49.5 in July
The official purchasing managers' index (PMI) rose to 49.4 in August versus 49.3 in July, remaining below the 50-mark
In just the past month, onshore stocks have added almost a trillion dollars to their market value, the Shanghai Composite Index has hit a decade-high
While Beijing's recent push to curb overcapacity is helping rein in the glut in steel and solar sectors, the "anti-involution" campaign is missing a stimulus spark
China's retail sales rose by 3.7 per cent year-on-year in July, slowing from 4.8 per cent in June, based on figures released by the National Bureau of Statistics
China's economy showed signs of slowing in July as factory output and retail sales slowed and housing prices dropped further, according to data released Friday. Uncertainty over tariffs on exports to the United States is still looming over the world's second-largest economy after President Donald Trump extended a pause in sharp hikes in import duties for 90 days, beginning Monday, following a 90-day pause that began in May. As officials worked toward a broader trade agreement, China reported earlier that its exports surged 7.2% in July year-on-year, while its imports grew at the fastest pace in a year, as businesses rushed to take advantage of the truce in Trump's trade war with Beijing. But that also reflected a lower base for comparison, and manufacturers have slowed investments, hiring and production as they watch to see what comes. Chinese manufacturers also have ramped up shipments to Southeast Asia, Africa and other regions to help offset lost business in the US. Still, annua
S&P Global China General Services PMI rose to 52.6 in July from 50.6 the previous month, marking the fastest pace since May last year
The S&P Global manufacturing purchasing managers' index for China fell to 49.5 from 50.4 in June
With its 14th Five-Year Plan nearing completion, China is preparing to set priorities for 2026-30. Here's a breakdown of what was achieved
Most new and outstanding loans in China are based on the one-year LPR, while the five-year rate influences the pricing of mortgages
China's latest GDP data shows exports boosted Q2 growth, with a $586 billion trade surplus in H1, partly driven by exporters rushing shipments over tariff concerns
While rare earth mineral trading generates modest revenue, their strategic value far outweighs market price as governments move to mitigate geopolitical risk and secure defence-relevant supply
Industrial output rose 6.8 per cent in June from a year earlier, faster than the 5.6 per cent expansion forecast by economists
Driven by state strategy, rapid innovation, and industrial dominance, China's surge in EVs, renewables, and biotech is not just disrupting industries, it's rewriting the global technological order
The producer price index fell 3.6 per cent in June from a year earlier, worse than a 3.3 per cent decline in May and the largest drop since July 2023
The guidelines, drafted jointly by six government departments and released by the central bank, said China would support eligible companies across the consumer industry chain
New home prices fell 0.2 per cent month-on-month in May after showing no growth the previous month
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