A 21.6 per cent increase in industrial profits last month, the fastest pace since November 2023, followed a 20.4 per cent jump in August, data from the National Bureau of Statistics showed
China's economy expanded at the slowest annual pace in a year in July- September, growing 4.8 per cent, weighed down by trade tensions with the United States and slack domestic demand. The July-September data was the weakest pace of growth since the third quarter of 2024, and compares with a 5.2 per cent pace of growth in the previous quarter, the government said in a report Monday. In January-September, the world's second largest economy grew at a 5.2 per cent annual pace. Despite US President Donald Trump's higher tariffs on imports from China, the country's exports have remained relatively strong as companies shifted their sales to other world markets. Tensions between Beijing and Washington remain elevated, and it's unclear if Trump and Chinese leader Xi Jinping will go ahead with a proposed meeting during a regional summit at the end of this month. Xi and other ruling Communist Party members are convening one of China's most important political meetings for the year on Monday,
As trade tensions escalate with the US, weakness in investment, industrial output and retail sales is undermining momentum from record sales abroad
The Central Committee of the Communist Party will hold a four-day meeting, known as its Fourth Plenum, starting Monday to review main themes of the 15th five-year plan
The official manufacturing purchasing managers' index was 49.8, versus 49.4 in August, the National Bureau of Statistics said
Countries locked in tariff talks with Trump are hesitant to spark another trade war with China, giving Beijing relief from US levies once expected to slash its annual growth rate
So far, retail investors haven't driven the rally - local institutions and foreign inflows have, according to Goldman Sachs Group Inc
A record 12.2 million university students graduated this summer, with many of them joining a job market that was strained by deflationary pressures and external uncertainties
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